In the evolving landscape of defense technology, Safe Pro Group Inc. [NASDAQ: SPAI] is staking a decisive claim. The Florida-based company, under CEO and Chairman Dan Erdberg, recently closed a $14 million strategic funding round led by Ondas Holdings Inc. [NASDAQ: ONDS], marking a significant step toward expanding its AI-powered drone image processing capabilities amid…
In a significant leap for the logistics and autonomous delivery sector, Bengaluru-based Airbound has raised $8.65 million in a seed funding round. The round, led by Lachy Groom, co-founder of Physical Intelligence, also saw contributions from Humba Ventures, Lightspeed, and notable industry figures from Tesla, SpaceX, and Anduril. The funding will propel the company’s ambitious…
In a decisive move to stake its ground in defense technology, Trusk Technology has secured €350,000 in funding from the North Holland Innovation Fund. The goal: to refine and deploy software for autonomous interceptor drones capable of detecting and neutralizing hostile aerial threats. Founded in 2024 by Caspar Lusink and Tom Rijntjes, the startup is…
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…
