Exodigo raised USD105m for mapping the underground
Categories: Capital Markets
The start-up Exodigo has raised USD105 million for underground mapping. The product developed by the company is based on AI and produces a three-dimensional map of the land, saving unnecessary digging.
The fundraising consists of a USD75 million Series A and the conversion of USD30 million secured in SAFEs in its Seed round.
Meitar has advised the start-up on the funding in a transaction led by Raanan Lerner, Shelly Shemesh Menis, Nathalie Anvar Hammer, Lior Adiv, Keren Tal Markovich, and Eyal Gil-Or.
With over 120 employees, Exodigo was founded by CEO Jeremy Suard, CTO Ido Gonen, and Yogev Shifman – all three were officers in IDF intelligence units 8200 and 81 – and has raised USD118 million since its establishment in 2021.
