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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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Fuergy raises Seed, to expand its all-in-one energy solution across Eastern Europe

Founded in 2018 by Radoslav Stompf (CEO), Branislav Safarik (COO), Rastislav Kuba (CTO) & Vladimir Miskovsky (CMO), Slovakia-based Fuergy provides all-in-one energy solutions across a) smart battery storage, b) energy management systems (for production & consumption), c) electricity trading. It’s core product “brAIn” is a “behind-the-meter” energy storage/ modular battery system for the commercial & industrial sector: it uses lithium iron phosphate battery cells & comes in wall (4.8kWh/7.2kWh), rack (12-33.6kWh) or container (108kWh) models. The company claims braAIn can increase utilization of on-site photovoltaic (PV) energy by 90% (vs. 50% for basic battery systems). The firm highlights two brAIn deployments, i) a 432kWh system at an automotive factory, which had a payback period of...

EFFECT Photonics raises €38m Growth Round, for “pluggable transceivers”

A (relatively) new technology called “coherent transmission” has made enormous scaling of optical network transmission possible (allowing operators to upgrade the said, without replacing the physical fiber structure in the ground). In contrast to “direct detection” (first introduced a decade ago) (where only the amplitude of light is used to encode info), in coherent transmission amplitude is combined with phase modulation & polarization to send optical signals to a new type of digital signals processor (DSPs) (that combines them into one/ coherent high-speed data signal), which has enabled a 100x increase in wavelength speed & the ability to transmit signals over much longer distances. As coherent transmission tech progresses, the optical components to transmit &...

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