Lambda Automata announced the acquisition of Smart Flying Machines, a manufacturer of autonomous aerial vehicles. With this acquisition, Lambda Automata will continue to develop the systems, networks, and hardware to defend European democracies and their allies and will help build the technologies that will keep Europe safe. 

Thessaloniki-based Loggerhead Ventures Fund recently announced two investments during the Beyond 2024 exhibition. The fund announced that it will direct its first investments, €300,000 each, to SmartLoC and Caroo.

Orbito travel, the first online travel platform based in Greece for travellers with disabilities and limited mobility, has successfully completed its first round of funding, securing €125,000. The funding was coordinated by Investing for Purpose

Harbor Lab has raised a €14.7 million Series A funding round led by European VC Atomico. With participation from existing investors Notion Capital, Venture Friends, SpeedInvest and The Dock, and new investors Endeavor Catalyst and maritime VC TMV, the round takes total funding for the Greek startup to some $22.5 million.