Origin Robotics, a rising star in Latvia’s defence tech sector, has secured €4.5 million in funding from the European Defence Fund (EDF) to develop a revolutionary drone system equipped with laser-targeting capabilities. The grant marks a significant step forward for the Riga-based startup, which specializes in autonomous systems and precision-guided weaponry. The funding will support…
Aereo, a leading Indian provider of drone-based business intelligence solutions, has successfully secured $15 million in a Series B funding round. This investment, led by 360 ONE Asset, will fuel Aereo’s mission to become a global leader in the drone solutions sector. Aereo’s innovative approach utilizes proprietary drone technology and AI-powered data analytics to deliver…
Granta Autonomy, a pioneering startup specializing in autonomous UAVs for intelligence, surveillance, and reconnaissance (ISR) missions, has announced the successful completion of a €1 million seed funding round. Led by ScaleWolf VC, a prominent Lithuanian dual-use tech VC Fund, the funding round also saw participation from Brolis Defence and HFL Holdings. This capital infusion will…
