Live Database of Fundraising Deeptech Startups in Europe
Explore Now

Today's Picks

Most Recent

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...

Most Recent

Trending

Important

United Robotics Group acquires Robotnik Automation, focused on AMRs & manipulators

Spain-based Robotnik Automation provides "mobile service robotics technology". The startup is focused on the development, manufacture & commercialization of AMRs as well "mobile manipulators" for different applications in both industrial & academic fields: inspection, inventory, security & logistics. Founded in 2002 by Robert Guzman (CEO) & Rafael Lopez (COO), the company has sold <5000 robots in 50 countries around the world (incl. Korea, Japan, China, Singapore, USA, France, Germany, Italy) & participated in <60 European R&D projects. Robotnik Automation has its own R&D department & a team of <70 multidisciplinary employees. One notable robot developed by them is called SUMMIT-XL, which is used for inspection applications in tunnels, remote substations, agricultural fields, shipbuilding & railway...

Magic raises €22m Series A, for code-generation platform

Austria (& US-based), Magic is developing a “code-generation platform” for software engineers. Like a human engineer, it aims to communicate in natural language & collaborate with users to write, review, debug & plan (even complex) code changes. Powered by large language models, the product operates like an “AI pair programmer” able to understand & continually learn more about the context of the coding project & developer. In doing so, Magic is similar to Microsoft’s Github Copilot, which uses an AI model (based on GPT-3) to automatically write software (it’s a formidable ~competitor, with substantial corporate backing, used by <1.2m people & now also being positioned as an enterprise tool with Copilot for Business). So, how’s...

More from categories