What is Viken Detection?
Viken Detection specializes in advanced detection technology, offering industry-leading x-ray imaging and chemical analysis products. These solutions are instrumental in identifying hidden weapons, narcotics, cash, and explosives, making them vital for security operations. Trusted by agencies such as the U.S. Customs and Border Protection and the Drug Enforcement Agency, Viken's technology enhances security at border crossings, checkpoints, and various critical environments. The company's commitment to research and development fuels a consistently evolving technology portfolio, featuring state-of-the-art handheld and vehicle scanning devices designed to combat narcotics trafficking, terrorism, and other threats.
How much funding has Viken Detection raised?
Viken Detection has raised a total of $21M across 2 funding rounds:
Debt
$1M
Debt
$20M
Debt (2020): $1M with participation from PPP
Debt (2023): $20M led by Horizon Technology Finance
Key Investors in Viken Detection
Horizon Technology Finance
Horizon Technology Finance is a specialty finance company that provides structured debt financing solutions to development-stage companies, primarily focusing on venture lending in sectors like technology and life sciences.
PPP
Public-Private Partnership
What's next for Viken Detection?
The recent major strategic investment signals a new phase of expansion and technological advancement for Viken Detection. This capital infusion is expected to accelerate product development, enhance market penetration, and potentially broaden the company's application of its detection technologies. As Viken continues to innovate in the security and defense sector, this funding will likely support efforts to maintain its competitive edge and address emerging global security challenges, solidifying its position as a leader in advanced detection solutions.
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