The TerraSwarm Research Center

The TerraSwarm Research Center Blog covers news items about the TerraSwarm Research Center at http://www.terraswarm.org. The TerraSwarm Research Center, launched on January 15, 2013, is addressing the huge potential (and associated risks) of pervasive integration of smart, networked sensors and actuators into our connected world. The center is funded by the STARnet phase of the Focus Center Research Program (FCRP) administered by the Semiconductor Research Corporation (SRC).

Monday, February 6, 2017

Exyn Technologies, founded by Dr. Vijay Kumar, raises $6.8m in partnership with Uniformity Labs

In news released today by Marketwired, IP Group announced that its first two portfolio companies from US university partners Exyn Technologies and Uniformity Labs have raised a combined $6.8 in new financing rounds.

Exyn Technologies is a spin-out from the University of Pennsylvania and was founded by Dr. Vijay Kumar, the Nemirovsky Family Dean of Penn Engineering and a Terraswarm Principal Investigator. The company develops fully autonomous aerial robot systems with multi-modal sensing capabilities to enable robust and reliable applications in the commercial market.

IP Group has committed another $3.7m to the two US companies following completion of the financing rounds which included both new and existing US and UK based investors. The Exyn transaction closed in 2017.

The TerraSwarm Research Center

Monday, February 6, 2017

Exyn Technologies, founded by Dr. Vijay Kumar, raises $6.8m in partnership with Uniformity Labs

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