Reliance buys 23.3% stake in US-based AI firm Exyn

Reliance has backed Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing on Thursday, making further inroads in startups globally.
Reliance Strategic Business Ventures, a wholly owned subsidiary of Reliance Industries, has acquired a 23.3% stake in Exyn for $25 million, the Indian firm said.
The Indian firm’s investment is part of the lead investment in the Series B funding of the Philadelphia startup, which operates a robotic autonomy for complex, GPS-denied environments.
The AI startup “commercialises the highest level of aerial

リンク元