# Lambda Automata

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lambda-automata

- Industry: Defence
- Headquarters: Athens, Greece
- Website: www.lambda-automata.eu
- Total disclosed funding: $6.3M
- Latest round: Seed (Oct 14, 2023)
- Investors on record: 5

## About

Based in Athens, Greece, and founded in 2021 by CEO Dimitrios Kottas, Lambda Automata operates as a defense and space producer company developing artificial intelligence-based system for autonomous surveillance, reconnaissance, and superhuman situational awareness. In October 2023, Lambda Automata raised EUR 6 million in seed funding led by Air Street Capital, with participation from 201 Ventures, HCVC, and Marathon Venture Capital.

Lambda Automata builds land and coastal border surveillance services for defense and military use to track, deduct, geo-locate, and index surfaces into a database using video or thermal video feeds. The company offers infrastructure perimeter security, which allows users to cover a wide range of perimeters through dense surveillance grids with remote access. In addition, the firm provides a variety of other solutions for land and coastal border surveillance services, such as forest protection through AI, map interfaces, spatial intelligence and notifications, passive ranging, and geo-location of threats.

The company plans to use the funding from October 2023 to defend Western and allied democracies.

## Funding rounds

- Seed, Oct 14, 2023, $6.3M — HCVC, Marathon Venture Capital, Entropy Capital, Air Street Capital, 201 Ventures

## Investors

- HCVC (https://capitalatlas.ai/funds/hcvc) — Seed
- Marathon Venture Capital (https://capitalatlas.ai/funds/marathon-venture-capital) — Seed
- Entropy Capital (https://capitalatlas.ai/funds/entropy-capital) — Seed
- Air Street Capital (https://capitalatlas.ai/funds/air-street-capital) — Seed
- 201 Ventures (https://capitalatlas.ai/funds/201-ventures) — Seed