SLAMcore, a UK company developing spatial AI algorithms for robots and drones, has secured $5 million in a funding round led by Octopus Ventures and MMC Ventures. The funding will allow SLAMcore to meet pandemic-induced demand in the robotics market (as well as drones and other applications of artificial intelligence), since these technologies can help […]
Latvian drone startup Aerones has announced a $1.6 million seed investment and a whole new direction for the business: the funding will go toward a ground-based robotics system for wind turbine maintenance and inspection. The round was backed by Change Ventures, YCombinator and the Sensum Group, as well as angels Paul Buchheit and Janis Krums. […]
Paris-based deep tech startup Internest has received bridge funding from Luxembourg fund Boundary Holding. The exact amount of the pre-series A round was not disclosed. The French company has developed technology that guides drones to precise landings, whether on fixed or mobile targets, even in harsh weather conditions. Known as a Local Landing System (LoLaS), […]
In this week’s episode of Tech.eu Podcast, you’ll get an overview of the most important tech news in Europe, as well as a deeper insight into the future of drone delivery in a conversation with Tom Plümmer, CEO at Wingcopter. In addition to that, listen to an interview with Bertrand Piccard, the creator of Solar Impulse.
Latvian drone startup Aerones has just raised 2.7 million euros from the InnoEnergy investment platform to continue developing its technology and prepare its manufacturing platform with the implementation of a global franchise business model in mind. Backed by Y Combinator, Aerones makes high-power drones that can assist in the maintenance of wind turbines, the cleaning […]
Oxford-based unmanned aerial systems startup Animal Dynamics has acquired another UK-based company, Accelerated Dynamics, which has developed ADx, an AI platform for drone fleet management. Animal Dynamics, which raised £6 million in funding last November, builds “bio-inspired” unmanned aerial vehicles (UAVs). Its main products, Skeeter and Stork, are designed after the flight mechanics of dragonflies […]
Danish drone-enabled antenna testing startup QuadSAT has raised £700,000 in funding led by Vaekstfonden (the Danish Growth Fund), with participation from Seraphim Capital and existing investors. The company plans to use the funding to bring its antenna-testing platform initially focused on maritime and aeronautical applications to the satellite communications industry. Founded in 2017, QuadSAT has […]