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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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Bayer acquires Blackford Analysis, specialized in AI for radiology

Pharmaceutical giant Bayer has agreed to acquire (terms not disclosed) UK-based Blackford Analysis - a "strategic imaging AI provider to radiology labs" (the company previously helped Bayer develop its Calantic Digital Solutions, as part of the G4A Digital Health Partnerships Program). Founded in 2009 by Ben Panter (CEO), Blackford Analysis assists radiology clinics & developers of clinical radiology products to build bespoke AI imaging tools. Through the company's "AI imaging marketplace", said can access third-party products to e.g. accelerate medical image aggregation & annotate relevant literature with scientific knowledge. Its worth noting that Bayer is shifting its radiology strategy from a focus on individual products (contrast dyes & injection systems) to becoming a “solutions provider”....

Arkeon raises €4m Seed to convert CO2 into proteins

Founded in 2021, Arkeon is an "ingredients" startup based in Austria, which has developed a patented process to convert (inorganic) CO2 into (organic) proteins. The tech leverages years of research from co-founders Dr. Simon Rittmann (CSO), Dr. Guenther Bochmann (CTO) & Dr. Gregor Tegl (CEO), into (among others) underwater volcanos; high-pressure & high-temperature environments, with very little nutrients, where microbes feed off the nutrients in gases. Of particular focus is the "archaea" microbe (part of the microbiota of all organisms), which naturally feeds on CO2 & transforms it into amino acids. Arkeon can "cultivate" archaea & with a one-step gas fermentation process, the microbe produces all 20 amino acids, the basis of proteins, from CO2. The...

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