IUniversity of Pennsylvania spinout Exyn Technologies has completed a series A round backed by Yamaha Motor to accelerate the development of its AI drone software.
US-based drone software developer Exyn Technologies closed a $16m series A round on Friday featuring Yamaha Motor Ventures, the corporate venturing arm of motorised vehicle manufacturer Yamaha Motor, Technical.ly Philly reported.
Investment firm Centricus led the round, which included In-Q-Tel, the investment affiliate of the US intelligence community, as well as commercialisation firm IP Group, Red and Blue Ventures and Corecam Family Office.
Exyn provides artificial intelligence software that helps unmanned aerial vehicles to autonomously navigate and collect data in…
