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Avalor AI raises €2 million in a seed round led by Keen Venture Partners to enhance military unmanned systems

Jun 19, 2024•about 1 year ago

Amount Raised

€2 Million

Round Type

seed

AmsterdamArtificial IntelligenceSoftware

Investors

Keen Venture Partners

Description

Dutch software company Avalor AI has successfully raised a seed round of €2 million, led by Keen Venture Partners, to accelerate autonomous capabilities of unmanned military systems. The company's hardware-agnostic artificial intelligence software allows for the integration and operations of unmanned systems from different OEMs and countries.

Company Information

Company

Avalor AI

Location

Amsterdam, North Holland, Netherlands

About

We are specialized in the design of AI solutions for dynamic and unreliable environments. We combine academic knowledge with extensive domain expertise to build smart, reliable and user-friendly AI for mission critical systems. We focus on an intuitive user experience, effective and reliable algorithms, thorough simulation, and extensive integration in robotic vehicles and existing command & control systems.

FundzWatch™ Score

63
Medium Activity

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Funding Insights

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers