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HomeIsrael Israel-Based XTEND Secures $40 Million in Series B Funding

[FUNDING-NEWS] Israel-Based XTEND Secures $40 Million in Series B Funding

The Israeli startup XTEND has raised $40 million in Series B funding for its AI-driven operating system, XOS, which allows people to communicate with robots and drones.

The Israeli startup XTEND has raised $40 million in Series B funding for its AI-driven operating system, XOS, which allows people to communicate with robots and drones.

Chartered Group led the round, with additional participation from Clal-Tech and other strategic investors, both old and new.

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The firm plans to increase global sales of its own drones and robotics products and to further develop its proprietary XOS operating system and its application in various enterprise and security scenarios worldwide.

Under the direction of Aviv Shapira, CEO, and Matteo Shapira, CXO, XTEND offers a human-supervised, AI-driven drone and robot operating system that requires no training and allows operators to carry out extremely complex and dynamic missions in any setting.

Its patented XOS operating system, which combines the best aspects of human intelligence and machine autonomy, allows professionals in the fields of logistics, public safety, inspection, defence, and security to work with machines safely and effectively from a distance. This opens up new possibilities for collaboration.

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In order to bring the future of human-machine teaming, XTEND is constantly developing its XOS operating system and those platforms. Hundreds of its drone and robotics systems are currently operationally deployed throughout the world.

Because XOS is hardware agnostic, it may complement current technologies, operate a wide range of platforms, including devices from third parties, and build whole new systems from the ground up. Because of its open architecture, XOS can also run apps created by other businesses.

XOS has been designed for a variety of markets, such as public safety, security, inspection, and logistics.

About XTEND

XTEND offers cutting-edge human-guided autonomous machine systems that require little training and allow any operator to carry out incredibly precise movements and operations in any setting.

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