Exyn Technologies, a Philadelphia-based developer of aerial autonomy software for drones, has raised $16 million in Series A funding. The round was led by Centricus, with Yamaha Motors Ventures, In-Q-Tel, Corecam Family Office, and Red and Blue Ventures newly participating, and IP Group Plc reinvesting. Exyn’s total funding to date is now over $20 million.…
Exyn Technologies enabling advanced autonomous navigation
One of the biggest challenges in robotics is developing autonomous systems that can reliably operate in unmapped environments. This is why, for example, leading self-driving car company Waymo only tests in areas it’s spent countless hours at creating detailed 3D maps. Exyn Technologies, a spin-off of the University of Pennsylvania’s GRASP lab founded by Vijay Kumar, is making tremendous…