North Vector Dynamics raises $20 million to scale counter-drone capabilities

North Vector Dynamics (NVD) has raised a $20-million USD ($29-million CAD) Series A round that it says will help the defence tech company scale its reach and build out its manufacturing. Announced on Monday, the fundraise brings the counter-drone company’s valuation to $90 million USD ($126 million CAD). Officially closing this past summer, NVD told BetaKit the round was among the largest defence tech financings in Canada and was led by Tech Horizons, a European outfit with a focus on investment