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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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BRD Thermea acquires Fortes Energy Systems, focused on low-energy domestic hot water production

Founded in 1999 by Dirk Ockhuizen (CEO) & headquartered in the Netherlands, Fortes Energy Systems specializes in collective heat & cold networks for residential, utility & industrial use. Among others, its solution enables the low-energy production of domestic hot water (DHW). Some of the projects carried out by the firm include De Zalmhaven residential tower in Rotterdam, the Cooltower in Rotterdam, Strijp-S residential & business complex in Eindhoven, Le Toison d’Or residential & retail complex in Brussels, De Makroon residential complex in Amsterdam & Efteling Loonsche Land holiday park. The company has 68 employees & is represented in Benelux, Germany, the UK & Denmark. Post acquisition by BRD Thermea (a subsidiaryx` of De Dietrich Remaha)...

Safegrid raises €5.7m Seed, to locate, predict & prevent grid faults

Finland-based, Safegrid develops the “Intelligent Grid System” (IGS) solution, which helps utilities & grid operators locate, predict & prevent common grid fault-types – e.g. high & low impedance earth faults (EF), intermitted EF, short circuit faults, IO glitches, (re)connected load faults – through cloud-based monitoring & wireless sensors as follows:  “GridGuardian”: cloud-based monitoring system, which analyses all data from Grayfox & Grayhawk sensors (aka fault passage indicator devices - FPI) (see below). It can operated as a standalone system, with SCADA integration requires (of course, when necessary, deep integration into customers’ systems is available via flexible REST APIs) “Grayfox”: FPI sensor specifically for underground cable networks. With these, one can check & locate faults like e.g. corroded insulators...

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