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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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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...

Copenhagen Atomics raises €20m Seed for molten salt reactor

Denmark-based, Copenhagen Atomics is racing to develop a molten salt reactor (MSR) - one of several next generation (Gen IV) nuclear reactor designs under development today. Similar to light-water reactors (LWR), MSRs use nuclear fission to generate heat. However, instead of using water for coolant, MSRs use liquid fluoride or chloride salt mixtures (aka salt). For its reactor development, the startup is pursuing a “hardware-driven iterative component-by-component approach” (instead of a full design license & approval). Currently, the company is developing & testing related valves, pumps, heat exchangers, measurement systems, salt chemistry & purification systems, as well as control systems & software. It’s worth noting that some of the firm’s tech is already commercially available including...

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