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Rabobank and LUMO Labs Avendar’s €2.2M round to give European governments a sovereign AI alternative to Palantir
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Rabobank and LUMO Labs Avendar’s €2.2M round to give European governments a sovereign AI alternative to Palantir
Avendar, a Dutch startup building AI software for public-sector investigations, has secured €2.2 million in seed funding to expand its platform and push into new European markets. The round was led by LUMO Labs and Brabant Development Agency adding to earlier backing from Rabobank Innovation Loan, Brabant Startup Fund, and BIM Startersfonds. The Eindhoven-based company was founded in 2025 by Hugo Sleegers, Tijs Bronnenberg, and Marijn van Aerle…
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