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With Security Threats Rising, Lambda Automata Raises €6M to Fortify European Defense Capabilities

Lambda Automata's mission is to bridge the existing gap in computer vision and AI for software used in mission-critical applications.
Image credit: Lambda Automata
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Only have 1 minute? Here are 3 key takeaways from the piece:

 • Greek defense startup Lambda Automata secured €6 million in seed funding 

 • The startup develops AI-first hardware and software designed to fortify European defense systems

 • The round was supported by Marathon Venture Capital and a consortium of new partners, including names such as Nathan Benaich, Eric Slesinger, and HCVC

Led by Greek technologists Dimitrios Kottas, a former senior engineer at Apple, and Georgios Kontogiannis, a seasoned software engineer, Lambda Automata wants to revolutionize the utilization of existing defense capacities within European Union member states. 

Their mission is to bridge the existing gap in computer vision and AI for software used in mission-critical applications, particularly in civil protection and defense.

The company’s first solution, an autonomous surveillance tower called “Outpost,” boasts capabilities such as event classification, geo-location, and rapid communication, all at machine speed. 

This solution also addresses the challenges faced in remote and infrastructure-limited locations, where traditional systems struggle to operate effectively. The system can integrate seamlessly with legacy systems, providing an essential “autonomy upgrade” that enhances the efficiency of existing defense infrastructures.

For Marathon Venture Capital, Lambda Automata’s potential is shown through its rapid progress in developing and testing its products under realistic conditions. 

“Two years ago, we entrusted Dimitris Kottas and his team with the mission of creating a new defense company in Europe. In a short period of time and with minimal resources, thanks to their strong sense of purpose, they managed to develop their first product and test it in realistic conditions. The composition of new investors in Lambda Automata – specifically investors from England, France, Spain, and Greece – reflects the company’s pan-European ambitions. We are confident that Lambda Automata will lead to the modernization of the defense capabilities of Europe and its allies,” Panos Papadopoulos, Marathon’s partner, told The Recursive.

In an interview with The Recursive last year, Lambda Automata’s CEO Dimitrios Kottas highlighted the critical role played by Lambda Automata’s cost-efficient solutions in preventing future conflicts. 

Read more:  Why Greece Is Brimming With AI talent With Alex Alexakis from Marathon VC

“Upgrading the EU+US+allies deterrence capabilities using cost-efficient solutions, based on software and AI, rather than convoluted monolithic decade-long programs, will be key in deterring future conflicts. It’s a formidable but exciting mission,” Kottas told The Recursive.

Thus, by enhancing the effectiveness of surveillance and response mechanisms, technologies and solutions such as the ones Lambda is working on can significantly contribute to safeguarding peace and stability in the face of emerging threats.

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Bojan is The Recursive’s Western Balkans Editor, covering tech, innovation, and business for more than a decade. He’s currently exploring blockchain, Industry 4.0, AI, and is always open to covering diverse and exciting topics in the Western Balkans countries. His work has been featured in global media outlets such as Foreign Policy, WSJ, ZDNet, and Balkan Insight.