What's Happening?
Exwayz, a French startup specializing in 3D simultaneous localization and mapping (SLAM) software, has raised €1 million in a funding round led by CentraleSupélec Venture. The funds will support the development of positioning and navigation software for
autonomous systems. Exwayz has established strategic partnerships with Embotech and Cyvl.ai, and plans to expand its engineering team to enhance its capabilities.
Why It's Important?
The investment in Exwayz underscores the growing demand for advanced SLAM technology, which is crucial for the development of autonomous systems. By improving navigation and mapping capabilities, Exwayz's software can enhance the performance and reliability of autonomous vehicles and robots. This advancement is significant for industries such as logistics, manufacturing, and urban planning, where precise navigation is essential.
What's Next?
Exwayz plans to continue developing its SLAM software, focusing on compatibility with 3D lidar sensors and real-time positioning within 3D maps. The company aims to leverage its partnerships to expand its market presence and explore new applications for its technology.
