XTEND is an Israeli-based startup founded in 2018 that specializes in human-guided autonomous machine systems for the drones industry. Their slogan, "Human Guided Autonomous System- Enabling Practical Autonomy," reflects their focus on combining human intelligence and machine autonomy to enhance operator capabilities while minimizing physical confrontation. Through their patented XOS operating system, XTEND aims to enable operators to perform accurate maneuvers with minimal training, ultimately reducing casualties and injuries. In May 2024, the company secured a significant $40.00M Series B investment from Clal Tech and Chartered Group, indicating confidence from reputable investors in the potential of XTEND's technology. With hundreds of their systems already deployed globally, the company continues to develop their XOS operating system and platforms to further advance the future of human-machine teaming in defense, public safety, and security industries. This innovative approach places XTEND at the forefront of technological advancements in autonomous systems, signifying substantial growth potential and market relevance.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $40.00M | 2 | Chartered Group | 08 May 2024 |
Series A | $20.00M | 10 | Matias Ventures, Chartered Group | 16 Nov 2021 |
Seed Round | Unknown | 2 | Gandyr Group | 16 Feb 2020 |
Seed Round | Unknown | 2 | 09 Jul 2019 | |
Pre Seed Round | Unknown | 2 | 20 Jul 2018 |