XTEND raises USD 40M Series B at around USD 110M post-money valuation
XTEND completed a USD 40 million Series B led by Chartered Group at an approximately USD 110 million post-money valuation.
Why it matters
XTEND completed a USD 40 million Series B to advance its XOS operating system and expand sales of its drones and robotic systems.
Evidence notes
- Chartered Group led the USD 40 million Series B, joined by existing investors.
- The completed round carried a post-money valuation of around USD 110 million.
- The later USD 30 million Series B extension is a separate 2025 event and is not combined with this valuation-linked round.
Company context
XTEND develops human-guided autonomous drone and robotics systems for defence, public safety, and security missions. Its platform combines AI, autonomy, immersive operator control, and tactical drone hardware across systems such as Griffon, Xtender, Scorpio, Honey Badger, Hunter, and Wolverine.