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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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GeoPura raises €41m Growth round, to replace diesel-generators with hydrogen

UK-based, GeoPura develops the “Hydrogen Power Unit” (HPU), a 6m portable shipping container, which can provide 250kVA of (standard three-phase 400V) electrical power (backed up by an 216kWh battery system) to replace on-site diesel generators (with an emissions-free alternative i.e. hydrogen). The HPUs are used – for temporary, supplementary, off grid & backup power – in a) electrical power industry, e.g. National Grid uses one to power low-voltage equipment for innovation testing projects & site operations (trialing it as a potential direct replacement for backup diesel generators across <250 substation sites); Uniper has used one as back-up during a 3-month maintenance outage at one of its plants (to power the outage village, incl. welfare facilities...

Quside raises Series A, for encryption even quantum computers can’t break

In view of their incredible computing capacity, today’s password-based security architecture “does not exist for quantum computers in practice”. While a very fast (regular) computer can try out all combinations of a seriously strong password (e.g. one with 95 characters) in just 14 months (of computing time), a quantum computer would only need fractions of a second (depending on its capacity). In comes Spain-based Quside, which builds quantum random number generators (QRNG) located on a photonic chip, to enable the encryption of messages even quantum computers can’t decrypt. (Note: Quside's QRNG's are an improvement on true random number generators (TRNG), which are often not integrated in systems due to cost or design choice, because they're...

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