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AI Startup Exodigo Raises $105 Million to Make Underground Maps

Feb 27, 2024 - bloomberg.com
Exodigo, an AI startup specializing in underground mapping, has successfully raised $105 million in a funding round. The round was led by Greenfield Partners and Zeev Ventures, with additional participation from new investors such as SquarePeg, 10D VC, and National Grid Partners.

The company, which has its main offices in Tel Aviv and Palo Alto, plans to use the new capital to further develop its products, expand its team, and pursue global expansion. The announcement was made during the company's Series A round on Tuesday.

Key takeaways:

  • Exodigo, a startup that uses AI and sensors to map the underground, has closed a $105 million funding round.
  • The funding round was led by Greenfield Partners and Zeev Ventures, with participation from new investors including SquarePeg, 10D VC and National Grid Partners.
  • The funds will be used to develop its products, build out its team, and expand globally.
  • The startup has its main offices in Tel Aviv and Palo Alto, California.
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