Penn spinout Exyn Technologies, a pioneer in multi-platform robotic autonomy for complex, GPS-denied environments, closed a $35 million Series B round at the end of 2022. Exyn plans to use the proceeds from the round to further expand their global footprint, with particular emphasis on in India, Latin America, Australia, and Africa, with the main goal of improving safety for those working in dangerous environments worldwide.
In addition to the successful close of its Series B round, Exyn was also recognized by the Inc 5000 awards as #177 among America’s fastest growing companies and was awarded 1st place at the AUVSI Xcellence Awards.
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