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.
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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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