Tech Company Financing Transactions
Lendurai Funding Round
Expeditions Fund, HCVC and Vsquared Ventures joined a $6.4 million Seed funding round for Lendurai. The round was announced on 6/6/2025.
Transaction Overview
Company Name
Announced On
6/6/2025
Transaction Type
Venture Equity
Amount
$6,350,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Maealuse Street 2/4, Harju County, Mustamae District
Tallinn, 12618
Estonia
Tallinn, 12618
Estonia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Lendurai, we enable unmanned aerial vehicles (UAVs) to operate independently of global navigation satellite systems and radio control, using computer vision and machine learning. We partner with multiple UAV manufacturers to deliver cost-effective capabilities to public sector and defence customers. Our team has deep technical experience in aerospace engineering, defence tech, and autonomous systems, with backgrounds at companies like Bolt (EE), Open Cosmos (UK), and Starship Technologies (EE).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Siim Maivel
Chief Technical Officer
Mark Cowan
VP - R & D
Sergii Kharagorgiiev
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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