Tech Company Financing Transactions
Exyn Technologies Funding Round
Reliance Strategic Business Ventures participated in a $35 million Series B capital raise for Exyn Technologies. The financing was recorded on 12/23/2022.
Transaction Overview
Company Name
Announced On
12/23/2022
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Reliance Strategic Business Ventures (Lead Investor)
Proceeds Purpose
This new capital, we will further expand our worldwide footprint to dramatically improve safety for those working in dangerous environments around the world and keeping them out of harm's way.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
2118 Washington Ave.
Philadelphia, PA 19146
USA
Philadelphia, PA 19146
USA
Phone
Website
Email Address
Overview
Exyn Technologies was established in 2014 to commercialize decades of ground-breaking research in aerial robotics, drone swarms, multi-modal sensor fusion, 3D mapping, obstacle avoidance, and autonomous navigation & planning.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nader Elm
Chief Scientific Officer
Vijay Kumar
Vice President
Xuchu Ding
VP - Bus. Development
Raghu Balasa
VP - Engineering
Jason Derenick
VP - Product Management
Gary Greene
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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