AI Startup Exodigo Raises $105 Million to Make Underground Maps

Exodigo, a startup that uses artificial intelligence and sensors to map the underground, closed a $105 million funding round led by Greenfield Partners and Zeev Ventures.

New investors including SquarePeg, 10D VC and National Grid Partners participated in the Series A round, the company said on Tuesday. The startup, with its main offices in Tel Aviv and Palo Alto, California, will use the capital to develop its products, build out its team, and expand globally.

Exodigo, established in June 2021, makes underground maps used by some of the world’s largest energy, utility, transportation and construction companies. There is more ...