Exodigo Raises $29M in Seed Funding

Exodigo

Exodigo, a Tel Aviv, Israel-based company combining proprietary advances in 3D imaging, raised $29M in Seed funding.

The round was led by Zeev Ventures and 10D Ventures, with participation from SquarePeg Capital and JIBE Ventures. Strategic industry leaders Tidhar Construction, Israel Canada and WXG Ltd. also joined the round. In conjunction with the funding, Yahal Zilka of 10D and Oren Zeev of Zeev Ventures have joined the Board of Directors.

The company intends to use the funds to accelerate its expansion, with a focus on building a California-based team to support the commercial rollout in the United States.

Led by CEO Jeremy Suard, Exodigo provides a subsurface mapping solution that combines advanced sensors, 3D imaging and AI technologies to give a clear picture of the underground so companies can make more informed decisions before they start design, construction or resource excavation. 

Exodigo can rapidly create a digital geolocated, 3D map of buried assets – from man-made pipes and cables to soil layers, rocks, minerals, and even groundwater across any terrain. In its first live demonstration,

The company will commence pilot projects in California, Florida and Texas in the weeks ahead.

FinSMEs

18/02/2022