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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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accSenSe raises €5m Seed, to help protect Okta environments from cyber attacks

Okta is one of the largest identity & access management (IAM) platforms in the world (i.e. a software that regulates which users can log into what application in a company’s network). While Okta tries to automatically detect & block unauthorized access requests, given its important role in companies’ cybersecurity operations, it’s a frequent target for hackers (as gaining access would allow them to create malicious user accounts with access to sensitive systems or disrupt employee access to internal applications). In comes Israel-based accSenSe, founded in 2020 by Muli Motola (CEO) & Daniel Naftchi (CTO), which offers a platform to help companies protect their Okta environments from cyberattacks. The startup provides tools to identify potentially malicious...

Inbalance Grid raises €2.8m Seed, to roll out EV public charging across the Baltics

Lithuania-based Inbalance Grid is an EV charging-as-a-service platform, that developed a cost-effective multi-socket EV charging station (with its proprietary – network capacity/ electricity mgmt. & payment – software integrated with third-party hardware) primarily tailored for residential housing blocks, shopping malls & parking operators. The startup currently has around 350 charging points in Lithuania, with local partners such as IKI (supermarket chain), Ozas (shopping mall), Maxima Group (retailer), Eika (real estate developer) & Darnu Group (property mgmt). In doing so, Inbalance Grid primarily competes with eMobility International AD, which through its subsidiary Spark (LT) – owns 157 charging stations in Vilnus – & through its subsidiary Eldrive (BG) – owns >100 charging stations in Lithuania (as...

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