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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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Chooose raises €15m Series A, for POS climate options

Norway-based, Chooose builds an all-in-one climate toolkit/ SaaS for businesses (of all sizes), so that they can offer their customers climate options at check-out, in-app, or anywhere they meet them. E.g. American Express GBT opted for Chooose to build a new “calculator” (across air travel, ground transportation & accommodation) to allow its customers to i) measure the carbon emissions of their business travel (integrated in its Neo booking tool, for which the company also recently acquired US-based digital travel mgmt. start-up Egencia), ii) access a “verified offset” marketplace, to allow them to opt-in to e.g. carbon removals & sustainable aviation fuel. Chooose also works with other leading aviation, travel & logistics firms such as Air...

APK raises €130m Growth round, to recycle plastic into low-density polyethylene granulates

Germany-based, APK is a plastic recycling company which produces high-quality low-density polyethylene (LPDE) granulates with properties similar to virgin plastics from complex (e.g. mixed plastic & multi-layer packaging) waste streams. The startup developed a proprietary “Newcycling” process, which works as follows: i) post-consumer & industrial plastics are delivered to its plant, ii) they’re shredded, iii) washed, with density separation of plastic flakes, iv) the flakes are immersed into a solvent bath (core technology) where plastic is selectively dissolved, v) from which a multi-stage process ensues, to separate the liquid & solid components, purify the polymer & remove the solvent, vi) the recovered solvent gets re-used. This process has several advantages vs a) chemical recycling: with...

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