What is Emesent?
Emesent is a world-leader in drone autonomy, lidar mapping, and data analytics, founded in 2018. The company has established a strong reputation for high-quality data capture across mining, infrastructure, survey, and mapping industries. Its flagship product, Hovermap, is an intelligent mobile scanning unit featuring advanced collision avoidance and autonomous flight capabilities, designed for mapping hazardous and GPS-denied environments. Hovermap's versatility allows it to be handheld, drone-mounted, or vehicle-mounted, enabling data capture in challenging and inaccessible areas worldwide.
How much funding has Emesent raised?
Emesent has raised a total of $40M across 1 funding round:
Series A
$23M
Series A (2022): $23M with participation from Main Sequence Ventures, Perennial Partners, Tiger Global Management, and Telus Ventures
Key Investors in Emesent
Main Sequence Ventures
Main Sequence is a venture capital firm focused on deeptech, collaborating with inventors who leverage their scientific expertise to create transformative industries. The firm aims to accelerate the growth of companies addressing significant global challenges, such as space exploration, decarbonization, and healthcare.
Perennial Partners
Lucy Hardiman & Perennial Partners are a dynamic garden design collaborative rooted in an obsession with gardens, a passion for plants, people, and innovative hardscape design, founded by Lucy Hardiman, a garden designer in her own right as well as a popular speaker and published author.
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
What's next for Emesent?
The recent major enterprise-level funding indicates Emesent is likely in a scaling phase, poised to expand its technological capabilities and market reach. This strategic investment will probably fuel further research and development in drone autonomy and lidar technology, potentially leading to new product iterations or market entries. The company's focus on hazardous and inaccessible environments suggests continued growth opportunities in sectors like mining, infrastructure inspection, and disaster response, where precise data capture is critical.
See full Emesent company page
