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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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Tetra Pharm Technologies raises €9m, for medicines targeting the endocannabinoid system

Denmark-based, Tetra Pharm Technologies (TPT) is a biotech startup committed to treat neuropathic pain & mental health disorders, by “designing & developing new drug formulations/ candidates, conducting clinicals & commercializing medicines targeting the endocannabinoid system (ECS)”. <Quick primer on the ECS: it regulates & controls many critical body functions such as, via CB1 receptors (found mostly in the brain) - learning & memory, emotional processing, sleep, temperature control, pain control, & via CB2 receptors (found mostly in tissue) - inflammatory & immune responses >. Worth keeping mind, the European market for cannabinoid-based treatment is expected to reach €3.2b by 2025. TPT is said to have closed “several significant distribution deals” across main European markets &...

GoodVision raises €2.7m, for traffic analytics SaaS

Founded in 2017 by Daniel Stofan (CEO) & Lukas Hruby (CTO), UK & Czech Republic-based GoodVision helps modern cities respond to traffic challenges. The startups main product, “GoodVision Video Insights”, is a SaaS "traffic analytics" platform, which automates traffic data collection (from existing camera infrastructure) for traffic (model) calibration. Using the platform can save traffic modelers up to 95% of time. According to the founders, “in the past, traffic data was collected manually by humans on the road or single-purpose sensors, & transport analytics was done with pen & paper. GoodVision is the place where all related parties can work together on their projects & have most of their work tasks automated”. GoodVision already claim...

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