Israeli 3D imaging, sensors and AI subterranean mapping platform Exodigo at present introduced the completion of a $29 million seed financing spherical led by Zeev Ventures and 10D Ventures, with participation from SquarePeg Capital, JIBE Ventures, Tidhar Building, Israel Canada and WXG. Exodigo additionally introduced the industrial availability of its groundbreaking nonintrusive platform for building, mining and utility firms within the US and Israel.
Exodigo was based by CEO Jeremy Suard, CTO Ido Gonen, and CPO Yogen Shifman, veterans of the IDF 81 intelligence unit. Exodigo’s sensor system successfully offers 3D subsurface imaging that eliminates the necessity for exploratory excavation and powers good drilling and sustainable operations by de-risking the invention course of throughout industries.
Tidhar Building CEO Gil Geva mentioned, “Conventional underground discovery strategies are grossly outdated and extremely inaccurate. Exodigo is the way forward for underground mapping. Led by a group with unequaled expertise, Exodigo will resolve pricey, and at instances devastatingly catastrophic, issues which have plagued builders and engineers for many years.”
Exodigo can quickly create a digital geo-located, 3D map of buried property – from man-made pipes and cables to soil layers, rocks, minerals, and even groundwater throughout any terrain.
Suard mentioned, “It’s time to lastly break floor on a safer, extra sustainable and infinitely extra exact technique for subterranean discovery. Our highly effective mixture of superior sensor applied sciences and proprietary AI platform offers customers with a secure, quick technique to get a whole view of what lies beneath the floor with unprecedented precision. Ending the period of blind digs, Exodigo provides firms an correct, easy-to-understand map of what lies beneath the floor – empowering their groups to save lots of time, cash, and lives. Consider it like combining the scanning energy of an MRI, CT scan and ultrasound all into one picture of what’s beneath the bottom.”
Exodigo will begin pilot initiatives in California, Florida and Texas within the weeks forward. The corporate plans to make use of the funding to speed up its growth, with a concentrate on constructing a California-based group to help the industrial rollout within the US. Yahal Zilka of 10D and Oren Zeev of Zeev Ventures have joined the board.
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 17, 2022.
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