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Emesent Closes $167.0

Recently funded · $167.0M Series bTechnology, Information and MediaAUView source

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Emesent, the Australian pioneer in "Physical AI" that enables machines to autonomously map complex environments, has secured $167.0M in a Series B funding round. The company, founded in 2018 with deep connections to CSIRO, specializes in providing spatial intelligence in GPS-denied and beyond line-of-sight areas.

Its flagship product, Hovermap, is a mobile scanning unit that combines advanced collision avoidance and autonomous flight technologies to map hazardous environments. This award-winning technology, deployed via drones, robots, or backpacks, is currently used across mining, engineering, construction, public safety, and defense in 40 countries.

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