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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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Safegrid raises €5.7m Seed, to locate, predict & prevent grid faults

Finland-based, Safegrid develops the “Intelligent Grid System” (IGS) solution, which helps utilities & grid operators locate, predict & prevent common grid fault-types – e.g. high & low impedance earth faults (EF), intermitted EF, short circuit faults, IO glitches, (re)connected load faults – through cloud-based monitoring & wireless sensors as follows:  “GridGuardian”: cloud-based monitoring system, which analyses all data from Grayfox & Grayhawk sensors (aka fault passage indicator devices - FPI) (see below). It can operated as a standalone system, with SCADA integration requires (of course, when necessary, deep integration into customers’ systems is available via flexible REST APIs) “Grayfox”: FPI sensor specifically for underground cable networks. With these, one can check & locate faults like e.g. corroded insulators...

Arkeon raises €4m Seed to convert CO2 into proteins

Founded in 2021, Arkeon is an "ingredients" startup based in Austria, which has developed a patented process to convert (inorganic) CO2 into (organic) proteins. The tech leverages years of research from co-founders Dr. Simon Rittmann (CSO), Dr. Guenther Bochmann (CTO) & Dr. Gregor Tegl (CEO), into (among others) underwater volcanos; high-pressure & high-temperature environments, with very little nutrients, where microbes feed off the nutrients in gases. Of particular focus is the "archaea" microbe (part of the microbiota of all organisms), which naturally feeds on CO2 & transforms it into amino acids. Arkeon can "cultivate" archaea & with a one-step gas fermentation process, the microbe produces all 20 amino acids, the basis of proteins, from CO2. The...

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