Exyn Technologies is a pioneering company in the drone and robotics industry, focused on empowering autonomous flight in complex commercial environments.
Founded in 2014 and incubated at the University of Pennsylvania's GRASP Laboratory, Exyn commercializes over a decade of expertise in autonomous flight and aerial robotics. Their slogan, "Empowering autonomous flight with advanced drone technology for complex commercial environments," reflects the company's dedication to pushing the boundaries of what is possible in autonomous flight.
Specializing in drone platforms independent of human control or GPS, Exyn leverages a blend of multiple redundant sensors, effective mapping for avoiding obstacles, and autonomous flight planning. The company prides itself on distinctly robust robots, making them exceptionally suitable for intricate commercial applications.
The latest significant milestone for Exyn Technologies was a $35.00M Series B investment on 22 December 2022 from Reliance Strategic Business Ventures. This investment signifies a strong vote of confidence in the company's vision and technology, positioning them for further growth and expansion in the burgeoning autonomous flight market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Funding Round | $5.00M | - | 03 Jul 2024 | |
Series B | $35.00M | 1 | Reliance Strategic Business Ventures | 22 Dec 2022 |
Debt Financing | Unknown | 1 | 08 Sep 2020 | |
Series A | $16.73M | 6 | 28 Jun 2019 | |
Seed Round | $2.50M | 1 | 01 Dec 2016 |
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