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Autonomous drone startup Exyn raises USD 35M for mapping GPS-denied environments

By ET Bureau - December 27, 2022 1 Mins Read


Exyn Technologies, the creator of a robotic autonomy platform for various drone types that can navigate challenging, dangerous, and GPS-disabled environments, announced that it had raised USD 35 million in early stage funding to grow its business.

Reliance Industries, a sizable conglomerate with operations in energy, petrochemicals, natural gas, telecommunications, mass media, and retail, led the Series B funding round. Reliance Industries is based in Mumbai, India.

Also Read: Top Four Trends in AI to Look Out for in 2023

The highest level of aerial drone autonomy, known as Autonomy Level 4, has now been made commercially available by Exyn thanks to robotic autonomy enabled by artificial intelligence.

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ET Bureau

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