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

Expeditions Fund (Lead Investor)

HCVC (Lead Investor)

Vsquared Ventures (Lead Investor)

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
Phone
Undisclosed
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
Lendurai LinkedIn Company Profile
Social Media
Lendurai Company Twitter Account
Company News
Lendurai News
Facebook
Lendurai on Facebook
YouTube
Lendurai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Siim Maivel
  Siim Maivel LinkedIn Profile  Siim Maivel Twitter Account  Siim Maivel News  Siim Maivel on Facebook
Chief Technical Officer
Mark Cowan
  Mark Cowan LinkedIn Profile  Mark Cowan Twitter Account  Mark Cowan News  Mark Cowan on Facebook
VP - R & D
Sergii Kharagorgiiev
  Sergii Kharagorgiiev LinkedIn Profile  Sergii Kharagorgiiev Twitter Account  Sergii Kharagorgiiev News  Sergii Kharagorgiiev on Facebook


 

 

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Prev: 6/6/2025: Anysphere venture capital transaction
Next: 6/6/2025: Kargo venture capital transaction

 

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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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