Underground mappers raise £82m for UK expansion

The company uses sensors and AI technology to identify utilities and other underground assets, and has been used successfully on major projects across the UK including Colas Rail’s Birmingham Midland Metro Extension project.

In a statement, Jeremy Suard, co-founder and CEO, Exodigo, said: “As the only subsurface imaging company to put AI-interpreted signal processing into practice, Exodigo solves a massive, longstanding problem for industries where what lies underground matters.”

Exodigo will use the capital to invest in its UK and European team and expand its range of scanning products, which identify and categorise underground hazards and assets.

Jointly headquartered in Silicon Valley and Tel Aviv, Israel, Exodigo runs its UK operations out of its London office.

Aurelia Setton, chief business officer of Exodigo, said: “This new round of funding will fuel more strategic investments in the UK and in Europe. Our partners are already seeing the benefits of working with Exodigo, particularly on their ability to deliver projects at scale, on time, within budget, and safely.