Exyn Technologies

About

Exyn Technologies is a developer of autonomous aerial robot systems.

Philadelphia,Pennsylvania,United States
51 - 100
http://www.exyn.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $35M
Industries: Drones,Navigation,Robotics
Founded date: Jan 1, 2014
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Exyn Technologies Inc

Exyn Technologies is a spin-off of the GRASP Laboratory at the University of Pennsylvania and is commercializing over a decade of research and development in the area of autonomous flight and aerial robotics. Exyn is creating drone platforms that do not rely on human control or GPS information. Exyn's unique technology is built upon the fusion of multiple redundant sensors, mapping for obstacle avoidance, and autonomous flight planning. Exyn’s robots are highly differentiated and robust, making them ideal and practical for complex commercial environments.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$55.22M

Exyn Technologies has raised a total of $55.22M in funding over 2 rounds. Their latest funding was raised on Dec 22, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 22, 2022	Series B	$35M	1	Reliance Strategic Business Ventures	—	Detail
Sep 8, 2020	Debt Financing	—	1	Ben Franklin Technology Partners of Southeastern Pennsylvania	—	Detail
Jun 28, 2019	Series A	$16.72M	6	Centricus	—	Detail
Dec 1, 2016	Seed	$2.50M	1	IP Group	—	Detail
Dec 31, 2014	Seed	$1M	2	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

9

Exyn Technologies is funded by 9 investors. Reliance Strategic Business Ventures and Ben Franklin Technology Partners of Southeastern Pennsylvania are the most recent investors.

Investor Name	Lead Investor	Funding Round
Reliance Strategic Business Ventures	Yes	Series B
Ben Franklin Technology Partners of Southeastern Pennsylvania	Yes	Debt Financing
Centricus	Yes	Series A
Corecam Family Office	—	Series A
In-Q-Tel	—	Series A
IP Group	—	Series A
Red & Blue Ventures	—	Series A
Yamaha Motor Ventures & Laboratory Silicon Valley	—	Series A
BRC Innovation	—	Seed