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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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Slingshot Simulations raises €3.4m Series A for digital twins focused on sustainability & decarbonization

UK-based Slingshot Simulations, was founded in 2019 by Dr. David McKee (CTO) as a spin-out from the University of Leeds. The company focuses on using spatial big data, to underpin large digital twin models, for some of society’s biggest challenges like climate change, public health & sustainability. Its main product, “Compass Engine”, is a no-code SaaS platform where enterprises can upload their data, automatically find links within it & create virtual representations thereof. Side note: Slingshot Simulations also participates in global knowledge sharing in the digital twin space, through the industry’s Digital Twin Consortium (of which the founder is a co-chair) & the UK’s Center for Digital Built Britain. It’s worth mentioning that the global...

CarbonOro raises €4.1m Seed, for carbon capture technology

Netherlands-based CarbonOro is developing carbon capture technology, expected to reduce cost by enabling the desorption/ separation of carbon dioxide (through a proprietary amine solvent) from industrial exhaust/ flue gas, at lower temperatures & higher pressures than conventional technologies (& with a wider application field). The new funds will be used to deliver three industrial pilots with clients in waste-to-energy, the steel industry & a brick manufacturer. Moreover, CarbonOro can boast to be one of the first startups to also receive financial support from members of the Global Cement & Concrete Association. Pieter Verberne (CTO) started CarbonOro in 2013, with co-founders Jan Hoppenbrouwers (CRO) & Roger Meertens (CEO) joining in 2019. Other startups in the space...

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