Estonian defence technology startup SensusQ has raised €3.8M from US-based New North Ventures and angel investors.

This funding will allow SensusQ to grow its team and more effectively cater to market demand while also gaining access to expertise, strategic backing, and an extensive global network through its latest partners.

In recent years, the increasing amount of data from the internet, drones, social media, etc., has been a growing problem for individuals, businesses and the defence sector.

SensusQ provides an AI-powered on-premise system that can fuse data from multiple sources and sensors, such as UAVs, cyber events, open source intelligence, and human intelligence, into a single picture combining all domains. The system accelerates information exchange on the battlefield, and enables decision advantage and more rapid targeting and time to action than adversaries. The startup’s technology has already been delivered to NATO and Ukraine.

“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. “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,” he said.

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Founded by Marko Kaseleht (a veteran of 6 combat tours) and Villiko Nurmoja in 2020, SensusQ uses AI technology to merge data from sources such as UAVs and cyber events for defence purposes.

“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,” noted Hitchcock.

“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.

SensusQ currently focuses on the defence industry but plans to expand to other sectors dealing with large amounts of data daily, such as compliance, fraud, risk management, and security. A new funding round is now open to international investors with experience in the dual-use sector, with an anticipated closing in the next few months.

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