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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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Vool raises €1.7m Seed, to expand its EV charging solutions

Estonia-based, VOOL provides EV charging solutions for private & business customers (clients include e.g. Europcar, ELMO Rent & Hansabuss). The hardware & software is fully developed in-house. It includes a charger (which can come with both plug & socket types, to cater to any EV model) + a power management hub (which load balances incoming electricity & tracks electricity prices) + a (B2C) app (which lets users set EV charging times based on electricity prices & allows them to monetize their private EV charging station by making it available for public use) + a (B2B) web platform & admin portal , all of which work together as a system or can be used independently. With...

Woamy raises €1m Seed, to develop cellulose-based foam as a replacement for Styrofoam

Finland-based Woamy, develops foam made from wood & agricultural waste - as a Styrofoam replacement - for protective packaging & building insultation, as well as laminated boards & shoe insoles. Woamy’s cellulose-based foam is a fully recyclable, lightweight & strong material (can also be made flame retardant & antimicrobial), which is manufactured mold-free & without using chemical additives, extreme pressure or heat. The key part of the invention is mimicking the directional strength of wood, which gives Woamy (foam) superior strength density (in comparison to other bio-based foams). To do so, Woamy has already build a prototype "foam manufacturing machine", which it now seeks to scale & integrate to a new block/ boar assembly &...

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