Exwayz raises €1M to free autonomous robotics from GPS constraints

Exwayz, pioneer in 3D positioning and navigation software, announces a €1 million fundraising round led by CentraleSupélec Venture. This amount includes a grant awarded by the prestigious i-Lab Innovation Competition under the France 2030 plan. The funding marks a key milestone for the company as it aims to make 3D localization reliable and accessible to all manufacturers of autonomous systems. It also comes with new strategic partnerships with the Swiss scale-up Embotech and the Boston-based Cyvl.ai, and the arrival of Yves Bonnefont, former Stellantis executive, as non-executive advisor. Delivery robots, autonomous vehicles, industrial and logistics inspection – the demand for autonomous robotics is exploding. Yet one major challenge remains: ensuring reliable localization in complex environments such as ports, factories, warehouses, or urban canyons. This is precisely the challenge that Exwayz addresses with its proprietary Exwayz SLAM (Simultaneous Localization And Mapping) technology. It allows any LiDAR-equipped mobile system to localize itself in real time with centimeter-level accuracy.

https://www.autonomyglobal.co/exwayz-raises-e1m-to-free-autonomous-robotics-from-gps-constraints/