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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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Recovery Cat raises Seed, for mental health app

Germany-based, Recovery Cat develops an app to support therapy planning, medication adjustment & crisis management for patients with severe mental illnesses (e.g. schizophrenia, bipolar disorder or recurrent depressive disorders). By regularly querying the (target) symptoms, side effects, medication intake & life events adapted to the therapy, patients & therapists can better understand whether & how the therapy works. Noticing any possible changes & regular personalized follow-up can help patients remain stable in the long term. Interestingly, the app’s code has been open-sourced. Recovery Cat was founded in 2020 & spun out of the BIH Digital Health Accelerator in autumn 2022 by Alissa Maresa Rohrbach (CEO), Jakob Kaminski & Andreas Pittrich.

SmartyMeet raises €210k Pre-Seed, for chatbot to take meeting notes & more

Poland-based SmartyMeet is developing a video bot technology called “Boe”. The bot can translate a meeting in real time & find the necessary info in knowledge bases (CRM & PIM/ DAM). It can also provide an analysis of positive or negative moods during the conversation & generate post-meeting notes. To do so, SmartyMeet uses OpenAI models such as Whisper (& ChatGPT) combined with AWS Transcribe. It’s worth mentioning that the intelligent virtual assistant (IVA) market was worth $5.8bn in 2020 & expected to reach $52bn in 2028 (growing ~10x, or 28.5% annually). The USA & Canada are the largest/ fastest growing markets, followed by the UK, where SmartyMeet intends to establish a beachhead. In addition,...

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