Milliray
Latest round
- Seed
Last raised
- Jun 2026
Total raised
- Undisclosed
Investors
- 2
About Milliray
Founded in 2025 and headquartered in London, UK, Milliray specializes in airspace security solutions.Milliray specializes in advanced airspace security solutions, primarily offering their flagship product, DroneTector, which utilizes millimeter-wave radar technology to effectively detect, track, and classify small drones, including low-cost quadcopters and autonomous swarms. This innovative system is engineered to distinguish between drones, birds, and other clutter in real-time, addressing a critical gap in conventional radar capabilities that were developed for larger aerial threats. Milliray's technology is deployed in diverse environments including airports, critical infrastructure sites such as substations and refineries, and defense operations, providing essential protection against drone intrusions which are increasingly common. The company's products have a scalable architecture, allowing for configurations ranging from a single standalone unit to a comprehensive network of detection systems across multiple sites.Milliray generates revenue primarily through direct sales of its DroneTector systems to businesses in sectors such as aviation and defense, as well as critical infrastructure. Transactions are structured as direct sales agreements, where clients purchase the hardware and may also opt for ongoing maintenance and support services. The pricing structure is reflective of the advanced technology and integration capabilities of the products, positioning them as premium solutions in the market. Clients typically engage in transactional agreements that include both upfront costs for the hardware and potential subscription fees for software updates and technical support, ensuring optimal performance and adaptation to evolving airspace security needs. The funds will be allocated towards launching new advanced detection systems and enhancing their current offerings. The company aims to enter additional markets in Europe and North America by the end of 2027, leveraging its recent investments to scale operations and reach a broader clientele.
Who invested in Milliray
2 investors across 1 round
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Funding rounds
Seed
Jun 8, 2026
Amount
Undisclosed
Investors
Questions about Milliray
Who invested in Milliray?
Milliray has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Milliray raised?
Milliray has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Milliray last raise money?
Milliray's most recent round on record is a Seed, in Jun 2026.
What does Milliray do?
Founded in 2025 and headquartered in London, UK, Milliray specializes in airspace security solutions.
Where is Milliray headquartered?
Milliray is headquartered in London, UK.
Which VCs invest in companies like Milliray?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back defence companies at Milliray's stage. Their profiles are linked below.
VCs backing defence startups at Seed
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