HomeIsraelExodigo Receives Multi-Million Dollar Investment from National Grid Partners

Exodigo Receives Multi-Million Dollar Investment from National Grid Partners

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Exodigo, a Tel Aviv, Israel and San Francisco, Bay Area, CA-based provider of a non-intrusive subsurface imaging platform, received a multi-million dollar investment from National Grid Partners.

NGP is the corporate venture and innovation arm of National Grid, one of the world’s largest utility companies.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO Jeremy Suard, Exodigo provides subsurface mapping solutions that combines sensors, 3D imaging, and AI technologies to offer a clear picture of the underground for customers across energy, utilities, transportation, and more. The company solves the challenge of underground mapping by locating pipes, cables, soil layers, rocks, minerals, and even groundwater – so customers can decide where to design and build safely, with confidence.

Since beginning commercial operations in June 2022, Exodigo has collaborated with 20+ leading owners of large capital projects across the energy, utilities, and transportation sectors in the United States, Europe, and Israel.

FinSMEs

21/10/2022

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