# Emesent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emesent-pty

- Industry: Aerospace
- Headquarters: Australia
- Website: www.emesent.com
- Total disclosed funding: $29M
- Latest round: Series A (Dec 22, 2021)
- Investors on record: 12

## About

Based in Queensland, Australia and founded in 2018, Emesent Pty Ltd provides autonomous mapping and spatial intelligence solutions. The company was founded by Dr. Stefan Hrabar and Dr. Farid Kendoul as a spinout from Australia’s CSIRO research organization to commercialize autonomous robotics and SLAM technologies. In July 206, Emesent Pty Ltd raised USD 10 million in venture funding from new investors Main Sequence, QIC Ventures, Orion Resource Partners, Hostplus, and NGS Super. other investors also participated in the round. The round was part of a larger USD 17 million equity and debt financing.  
The company develops autonomous mapping and reality-capture solutions for mining, defense, infrastructure, engineering, and public safety organizations. Its offerings include Hovermap mobile LiDAR scanners, Cortex autonomy software, Aura cloud analytics, GX1 mapping systems, drone autonomy technologies, and spatial data capture platforms.
The company’s revenue is generated by the sale of autonomous mapping hardware, software subscriptions, and related enterprise solutions. Customers purchase products such as Hovermap and GX1 systems and utilize Aura cloud software and Cortex AI capabilities for ongoing data processing, visualization, and analytics. Revenue is also generated through software licensing, maintenance, support services, and deployments across mining, construction, infrastructure, geospatial, defense, and industrial applications. 
The company plans to use the funding to advance its Cortex AI autonomy platform, expand its Aura cloud software, scale manufacturing, and support growth across the mining, defense, and AEC sectors

## Funding rounds

- Series A, Dec 22, 2021, $26M — TELUS Ventures, Tiger Global Management, Mainstream Fund Services, Archangel Ventures, Main Sequence Ventures, Perennial Partners, IQTI LLC, INTERNET FUND VII PTE. LTD., Qbdf Pty Ltd
- Seed, Sep 22, 2020 — In-Q-Tel
- Seed, Nov 12, 2018, $3.3M — ACAC Innovation, Commonwealth Scientific and Industrial Research Organisation, Main Sequence Ventures, Qbdf Pty Ltd

## Investors

- ACAC Innovation — Seed
- Commonwealth Scientific and Industrial Research Organisation — Seed
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Seed, Series A
- Qbdf Pty Ltd — Seed, Series A
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Seed
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Mainstream Fund Services — Series A
- Archangel Ventures (https://capitalatlas.ai/funds/archangel-ventures) — Series A
- Perennial Partners — Series A
- IQTI LLC — Series A
- INTERNET FUND VII PTE. LTD. — Series A