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XTEND nabs $40M Series B round

XTEND nabs $40M Series B round
XTEND nabs $40M Series B round

XTEND, a Tel Aviv-based developer in the AI and robotics industry, raised $40M in Series B funding.

The round was led by Chartered Group with participation from Clal-Tech and other strategic investors. This capital will facilitate the development of XTEND's proprietary XOS operating system and expand its global sales of drones and robotics.

XTEND aims to enhance its XOS platform for various applications including logistics, public safety, inspection, and security, leveraging human-machine teaming to execute complex missions effectively.

Hundreds of XTEND’s systems are already deployed globally, demonstrating their commitment to advancing human-interactive AI-driven technologies.