XTEND Raises $40M Series B to Expand Innovative Drone and Robotics Operating System Globally.
XTEND develops AI-driven solutions for human-machine interaction, focusing on sectors like logistics, public safety, and security.
Company Name: XTEND
Location: Tel Aviv, Israel
Sector: AI-Driven Operating System for Drones and Robotics
Funding Details: Raised $40M in Series B funding, led by Chartered Group, with participation from Clal-Tech and other strategic investors.
Purpose of Investment: To further develop the XOS operating system, expand its application in various enterprise and security scenarios worldwide, and increase global sales of its drones and robotics products.
Leadership: Led by CEO Aviv Shapira and CXO Matteo Shapira.
Product: XTEND offers the XOS, a human-supervised, AI-driven drone and robot operating system that enables complex and dynamic missions with minimal training. The system blends human intelligence and machine autonomy for effective operation from safe distances.
About Company: XTEND develops AI-driven solutions for human-machine interaction, focusing on sectors like logistics, public safety, and security. The company’s products are hardware agnostic and operationally deployed worldwide, promoting innovation in drone and robotics applications.
