Yamaha Motor Ventures & Laboratory Silicon Valley, the strategic business development and investment arm of Yamaha Motor, has participated in the $16 million Series A funding round for Exyn Technologies, a developer of autonomous aerial robotics for GPS-denied environments.
The investment is one of the first out of the $100 million Yamaha Motor Exploratory Fund established in 2018 and activated this year. The Exyn investment reflects YMVSV’s interest in developing innovation in the aviation sector.
George Kellerman, CEO and managing director of YMVSV, says: “Advanced aerial autonomy technologies have broad impacts across industry sectors, making Exyn Technologies a very attractive exploratory investment for us. [Read more…] about Yamaha invests in drone tech startup Exyn