Lendurai, a Tallinn, Estonia-based company which specializes in tactical autonomous UAVs for GPS-denied operations, raised €5.57M in seed funding.
The round was led by Expeditions Fund, HCVC and Vsquared Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by Mark Cowan, Siim Maivel and Sergii Kharagorgiiev, Lendurai provides a dual-use platform that delivers advanced autonomous navigation capabilities with interchangeable payloads and just two days of operator training.
With European components and fully NDAA-compliant, its products are ready for procurement and deployment, including NATO operations, with availability for commercial use cases to follow.
FinSMEs
06/06/2025