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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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Planqc raises Series A, to build a “neutral atom” quantum computer

Germany-based, planqc is building an innovative quantum computer - nothing less! Its basic principle is as follows: an element e.g. metal strontium is heated up in a furnace so that an atomic beam is created. The neutral atoms (in the element) (used as qubits) are then slowed down with electromagnetic fields & lasers, so that a certain number of them can be held in place by other lasers in a vacuum chamber. There, the neutral atoms can be observed with quantum gas microscopes & in turn manipulated individually (with laser beams that are sent through the microscopes & by putting them into an “excited” state using the energy of the laser/ high-speed Rydberg gates). This...

accSenSe raises €5m Seed, to help protect Okta environments from cyber attacks

Okta is one of the largest identity & access management (IAM) platforms in the world (i.e. a software that regulates which users can log into what application in a company’s network). While Okta tries to automatically detect & block unauthorized access requests, given its important role in companies’ cybersecurity operations, it’s a frequent target for hackers (as gaining access would allow them to create malicious user accounts with access to sensitive systems or disrupt employee access to internal applications). In comes Israel-based accSenSe, founded in 2020 by Muli Motola (CEO) & Daniel Naftchi (CTO), which offers a platform to help companies protect their Okta environments from cyberattacks. The startup provides tools to identify potentially malicious...

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