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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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Hadean raises €30m for traffic simulation

Founded in 2017 by Craig Beddis (CEO), Aidon Hobson-Sayer (CTO) & Miriam Keshani (COO), UK-based Hadean, a metaverse infrastructure startup, has been awarded (with support from Connected Places Catapult) a sizeable grant from UK Research & Innovation. The funding foresees Hedean’s tech being used to generate 3D digital twins, providing road mgmt companies real-time highway data & the capacity to model/ simulate it. Emulating whole corridors of automotive traffic, the platform can be used to plan the right infrastructure upgrades. For e.g. Hadean could benefit engineers working on “e-highways”, one of the most radical upgrades of UK highways in decades, to explore installing overhead eletric power cables on certain routes (which similarly to trolleybus or...

PowerField raises €0.5b Debt, to develop, build & manage solar parks

Netherlands-based, PowerField develops, builds & manages solar parks. That is, PV generation facilities (the firm gets its solar panels from Chinese manufacturer Sunova Solar) + charging stations (650 points in operation via its subsidiary PowerGo) + energy/ battery storage systems. Founded in 2016 by Jean-Louis Bertholet (CEO), PowerField has developed <1000 MW of solar parks & the new funding foresees an additional 500 MW. Solar installation capacity will reach 1.1GW in 2023, as such, PowerField owns 10% market share (in the Netherlands). In addition, the startup claims a future pipeline across its three verticals with 2GW in PV generation facilities + 15,000 EV charging stations + <400 MW in battery storage projects. The team wants...

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