Tallinn-based defense tech company SensusQ has raised €3.8M from US-based New North Ventures and angel investors. SensusQ, which offers an AI-powered system to integrate data from various sources like UAVs and cyber events for defense applications, will use the capital to expand its team and meet market demand. The investment provides SensusQ with strategic support and a global network, aiding its efforts to enhance intelligence systems for rapid decision-making on the battlefield and beyond.
SensusQ integrates seamlessly with existing processes to improve decision-making by providing real-time access to critical information. Developed by a team with decades of defense and intelligence experience, SensusQ leverages ML/AI to tackle challenges in intelligence and decision-making software. Serving NATO and Ukraine, the company focuses on empowering decision-makers with the certainty and foresight needed for effective decisions.
“We are excited to partner with SensusQ, an emerging global leader in data management innovation as they pioneer creative solutions in an increasingly data-driven world,” said New North Ventures co-founder and General Partner Jeremy Hitchcock to tech.eu. “We are in a global power competition and it is crucial that we invest in technologies that accelerate time to decision on the battlefield and in the boardroom, both for the United States and our allies on the front lines. Leaders are struggling to rapidly analyse and extract intelligence from a vast array of sensors and data collection sources, and SensusQ’s solutions have the potential to revolutionise this process. We look forward to working closely with the team to support ongoing operations in Europe and their expansion into the U.S.”
“The deployment of SensusQ technology in Ukraine has resulted in an increased demand for our intelligence system in allied countries, delivering to which we will be focusing on in the upcoming year. The knowledge and assistance provided by New North Ventures will undoubtedly aid us in fulfilling the increasing demand more efficiently,” says SensusQ CEO Marko Kaseleht.
Click to read more funding news.
Read the orginal article: https://arcticstartup.com/sensusq-raises-e3-8m/
