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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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Fiberwood raises €3m Seed, for ecological insulation & packaging sheets

Valued at €25bn, the global insulation market is dominated by two groups of products: i) inorganic mineral wools (made from stone or glass), ii) fossil-based plastics, like polystyrene. However, these products are not recyclable/ biodegradable. In comes Finland-based Fiberwood, which produces 100% ecological insulation + packaging sheets, with a special foam-forming technology, using wood pulp & (wood industry) side streams (i.e. turning cheap feedstock into a high-value product). The firm’s foam-forming technology is said to be “more energy-efficient & use less water than similar processes in general”. Unlike those made with mineral wool, Fiberwood’s insulation sheets are breathable (can absorb & release moisture) + fire-resistant (as well as easy, safe & quick to install). Fiberwood’s...

GeoPura raises €41m Growth round, to replace diesel-generators with hydrogen

UK-based, GeoPura develops the “Hydrogen Power Unit” (HPU), a 6m portable shipping container, which can provide 250kVA of (standard three-phase 400V) electrical power (backed up by an 216kWh battery system) to replace on-site diesel generators (with an emissions-free alternative i.e. hydrogen). The HPUs are used – for temporary, supplementary, off grid & backup power – in a) electrical power industry, e.g. National Grid uses one to power low-voltage equipment for innovation testing projects & site operations (trialing it as a potential direct replacement for backup diesel generators across <250 substation sites); Uniper has used one as back-up during a 3-month maintenance outage at one of its plants (to power the outage village, incl. welfare facilities...

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