Labrys, a London-based startup founded by Royal Marine veteran August Lersten and ex-Army officer Luke Wattam, has secured €17.5 million ($20 million) in a new funding round.
The raise was led by Plural, with participation from AlbionVC, Superangel, Project A, MDOne, Expeditions Fund, and Marque Ventures. The latest investment brings Labrys’ total funding to €22 million.
Building secure coordination for unstable environments
Labrys is tackling a growing need: reliable coordination tools for organizations operating in high-risk and disconnected regions. From humanitarian aid to defense operations, many teams still rely on insecure platforms like email, spreadsheets, and messaging apps. Labrys’ solution, Axiom, is an end-to-end platform that integrates HR tools, encrypted communication, task management, and programmable stablecoin-based payments.
Advertisement
AI-driven resilience and global reach
The company plans to use the funding to expand its engineering and operations teams and integrate advanced AI features into its platform. It also aims to deepen stablecoin functionality, enabling efficient payments in sanctioned or disconnected environments. Labrys is already generating seven-figure annual revenues and serves government and humanitarian clients, including operations in Ukraine.
Trusted infrastructure for the modern frontline
Axiom incorporates biometric ID verification, geo-tagged task tracking, and auditable missions—all within a secure system that eliminates the need for fragmented tools. According to CEO Lersten, the platform helps customers save up to $3 million by streamlining mission-critical operations. With fresh capital and backing from seasoned investors, the company is well-positioned to become the operational backbone for teams working in the world’s most challenging environments.
