XTEND raised $40M in a Series B funding led by Chartered Group to develop robot and drone operating system for military use
XTEND raised $40M in a Series B funding led by Chartered Group to develop robot and drone operating system for military use
05/08/24, 1:23 PM
Location
tel avivMoney raised
$40 million
Industry
machine learning
security
artificial intelligence
Round Type
series b
Investors
Clal Tech, Chartered Group
XTEND, which develops an AI-driven operating system for drones and robots, has raised $40 million in Series B funding. The funding round was initiated before the start of the war in Gaza, leading the company to shift its focus to developing systems for the IDF.
Company Info
Location
tel aviv, tel aviv district, israel
Additional Info
XTEND provides revolutionary human-guided autonomous machine systems that enable any operator to perform extremely accurate maneuvers and actions, in any environment with minimal training. The company's patented XOS operating system fuses the best of human intelligence and machine autonomy to enhance the operator's abilities, and simultaneously reduce the need for physical confrontation, thereby minimizing casualties and injuries. Hundreds of XTEND's systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and platforms to deliver the future of human-machine teaming to defense, public safety, and security professionals worldwide.