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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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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...

Ineratec raises €20m Series B for climate-neutral fuels using wind, hydrogen & CO2

Germany-based Ineratec designs & operates chemical plants for power-to-X & gas-to-liquid applications. The firm uses hydrogen (from renewable electricity) & CO2 to produce e-kerosene, CO2-neutral gasoline, diesel, synthetic waxes, methanol & SNG. Its chemical reactors provide high load flexibility as well as quick start-up & shut-down times, "making a modular numbering approach possible". Founded in 2016 by Tim Böltken (CEO), Philipp Engelkamp (COO), Dr Paolo Piermartini (Head of Plant Operations) & Dr Peter Pfeifer (Advisor), Ineratec in 2021 opened a pilot plant in the Emsland region (Lower-Saxony). With the recent funding, the company plans a new industrial plant close to the Frankfurt airport, said to be operational by 2023 with annual production up to 4.6m...

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