SensusQ funding news – Defence tech Startup SensusQ Raises €3.8Million in Funding

It will be able to satisfy market demand and grow its workforce thanks to the funding, and its new partners will provide it with strategic support, knowledge, and access to a global network.

The volume of data coming from social media, drones, the internet, and other sources has become a bigger issue for people, companies, and the defence industry in recent years. It offers an AI-driven on-premise solution that combines information from various sensors and sources, including cyber events, UAVs, open source intelligence, and human intelligence, to create a unified image that encompasses all domains.

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In addition to providing decision advantage, quicker targeting, and a quicker reaction time than opponents, the technology expedites information flow on the battlefield.

New North Ventures co-founder and General Partner Jeremy Hitchcock said, “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, 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.”

SensusQ CEO Marko Kaseleht said, “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,”.

It presently concentrates on the defence sector, but it intends to grow into other industries, such compliance, fraud, risk management, and security, that deal with massive volumes of data on a regular basis. International investors with prior experience in the dual-use sector are currently eligible to participate in a new investment round, which is expected to close in the coming months.

SensusQ participates in at least three significant Estonian Defence League trainings a year in its goal to become a premier worldwide IMS provider.

About SensusQ

SensusQ delivers the operational benefits of ML/AI by tackling the most difficult problems in intelligence and decision-making software. supplying Ukraine and NATO. Their software gives decision makers with clarity and foresight in their decision making, based on the real-world scenarios of our customers.