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Lendurai raises €5.6M Seed, for autonomous UAV systems in GPS-denied environments

Quick Facts🗂️ Company: Lendurai Website: https://lendurai.com LinkedIn: https://www.linkedin.com/company/lendurai/ Location: Tallinn, Estonia Funding Round: Seed Amount Raised: €5.6M Lead Investor(s): Expeditions Fund Other Investors: Vsquared, HCVC, Lemonade Stand All Investors: Expeditions Fund, HCVC, Lemonade Stand, Vsquared Total Funding to Date: €5.6M Founded: 2024 Sector: Defense Technology, Autonomous UAV Systems Company...

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Install AI raises €3.6m Seed, for open-source unstructured data infrastructure

For small & large enterprises, implementing AI solutions across a company’s data stack is still complex & expensive. While deep learning has showcased its ability to understand unstructured data, AI tools have yet to catch up (e.g. most emerging ML Ops tools tend to be centered around different proprietary frameworks – making interoperability hard – & often come with a hefty price tag). On the other hand, building in-house AI solutions requires massive financial resources & multiple teams. So, instead of building yet-another walled garden, UK-based Instill AI has launched a new (fully managed cloud) open-source project called “Versatile Data Pipeline” (VDP). With a “no to low-code” approach, it allows users to “Extract, Transform, Load”...

Kopernikus Automotive raises €3m Seed, for automated valet parking

Germany-based, Kopernikus Automotive (Kopernikus) is developing an “Automated Valet Parking” (AVT Type 2) (through “infrastructure orchestrated maneuvering technologies”) for logistics centers & car parks (i.e. “no one’s behind the wheel”). In a nutshell, the startup installs fixed sensors on location & AI (perception & path planning performed externally) to safely steer (driving commands sent wirelessly in real-time by a computer or agent) the vehicle to the parking space. The startup has already piloted (& recently converted to a contract) its solution with Volkswagen (in partnership with the latter’s Cariad software group) at their Wolfsburg plant, as well as two pilot projects across two Ford car plants in Europe. Moreover, client & investor Continental has started...

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