intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

XTEND Secures $30M Extension to Complete $70M Series B to Scale Its Battle-Proven Autonomous AI Robots Across America 

XTEND Secures $30M Extension to Complete $70M Series B to Scale Its Battle-Proven Autonomous AI Robots Across America 

August 4, 2025 Craig Etkin

Aliya Capital Partners and Protego Ventures Co-Lead Strategic Series B Round alongside participating investors: Len Blavatnik’s Claltech, Union-Tech Ventures & Chartered Group, as XTEND’s AI Robotic Technology Proves Itself in Global Conflicts and the Company Opens Its New U.S. Headquarters in Tampa, Florida

TAMPA, Fla., July 15, 2025 /PRNewswire/ — XTEND, a leader in AI-powered tactical autonomous robotic systems, today announced that Aliya Capital Partners and Protego Ventures have co-led a strategic $30M extension to its $70M Series B funding round, joining participating investors: Len Blavatnik’s Claltech, Union-Tech Ventures and Chartered Group.

XTEND’s AI-powered systems are actively used by the U.S. Department of Defense, Singapore, Europe, the UK, and the Israel Defense Force to improve strategic capabilities and mission success in challenging environments. With this Series B funding, XTEND plans to scale up U.S. and global production, integrate real-time AI capabilities across its platforms, and expand deployments with U.S. and allied defense forces, as well as for humanitarian and emergency response efforts.

As part of this investment, Aliya Capital Partners’ Founding Partner and CEO, Ross Kestin, has joined XTEND’s Board of Directors. Kestin explains: “XTEND’s mission—to deliver cutting-edge drone and robotics systems for high-risk, mission-critical environments—aligns directly with our vision of supporting technologies that protect and enhance life. We’re honored to back Aviv and his world-class team and help accelerate the impact of their technology across defense, security, and emergency response sectors.”

The announcement follows the grand opening of XTEND’s new U.S. headquarters and advanced drone manufacturing facility in Tampa, Florida, on July 1. The event brought together government, military, and industry leaders for a ribbon-cutting ceremony, remarks from key stakeholders, and a behind-the-scenes tour of the company’s state-of-the-art manufacturing operations.

“The grand opening of XTEND’s Tampa facility represents more than a physical expansion—it marks a new phase of operational scale, U.S. engagement, and global relevance,” said Lee Moser, Co-Founder and General Partner of Protego Ventures. “We’re proud to support this next chapter alongside the Aliya team.”

Lital Leshem, Co-Founder and Managing Partner of Protego Ventures, adds: “We invested in XTEND because it’s clear they are building a category-defining platform for human-guided autonomy that can scale fast and make an immediate impact. At a time when defense innovation demands urgency and trust, XTEND stood out as ready to lead.”

XTEND CEO Aviv Shapira concludes: “The successful completion of our Series B financing highlights the surging demand for mission-critical autonomous systems from allied defense and public safety agencies. The investment will fuel accelerated R&D, scale manufacturing, and global deployment expansion. That said, the backing from Aliya and Protego isn’t just about fresh capital—it’s a powerful vote of confidence. Ross’s experience and strategic perspective are invaluable in navigating this pivotal growth phase. Furthermore, opening our Tampa headquarters is a major step forward as we continue to build cutting-edge systems that protect lives worldwide.”

Additional investor quotes:

Avi Fischer, Chairman of Clal Industries and Claltech, says: “When investing in companies, you typically meet the founders, the management team, the technology—and of course, dive into the virtual data room. But with XTEND, we did something far more important. On our very first visit, we walked into a room with over 50 end users, all being trained on the system. What convinced us to invest wasn’t just the tech—it was their feedback. They spoke about how the system has saved lives, how AI-driven training cut learning time by 99%, and how this technology is already changing the battlefield. That’s when we knew—we had to be part of this.”

Dr. Peter Kash, Chairman of the Board, XTEND, says: “This milestone represents the realization of XTEND’s vision to bring our groundbreaking technologies closer to the U.S. defense ecosystem. With this facility, we’re laying the foundation for sustained growth, high-tech job creation and meaningful contributions to America’s security and industrial capabilities. I’m incredibly proud of the team that made this moment possible, amplifying the connectivity of Florida and the future of AI and Robotics. I am incredibly proud of the team that made this moment possible, by helping attract blue chip investors that are aligned with our goal to amplify the connectivity of Florida and the future of AI and Robotics.”

Tal Recanati, Managing Director Union Tech Ventures: “Since our investment three years ago, we’ve seen the XTEND management team demonstrate exceptional execution and innovation. With the successful completion of this latest financing round, XTEND is now poised to strengthen its position as a global leader in defense technology.”

About XTEND

Founded in Israel, XTEND develops next-generation robotics and autonomous systems powered by proprietary AI and real-time human-guided operating software. Its platforms are engineered for precision and safety in the world’s most complex and hazardous environments. XTEND’s systems enable the deployment of self-reliant AI-driven tactical robotic teams in complex and dynamic mission scenarios. The company’s patented XOS operating system fuses the best human intelligence and machine autonomy to enhance the operator’s abilities, simultaneously reducing the need for direct physical confrontation, thereby minimizing casualties and injuries. Thousands of XTEND’s systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and platforms to deliver the future of human-machine teaming to defense, HLS, and security professionals worldwide. Find out more here.

About Aliya Capital Partners

Aliya Capital Partners is a Miami-based investment firm with deep expertise across defense-tech, AI, autonomy, and national security. The firm backs companies delivering meaningful and unexpected impact, particularly at the intersection of advanced technology and global safety.

About Protego Ventures

Protego Ventures is an Israel-based defense venture capital fund investing in breakthrough technologies that address today’s most urgent defense and security challenges, including drones, AI and machine learning, sensors, aerial defense, and UAVs.

Video: https://mma.prnewswire.com/media/2731551/XTEND.mp4
Photo: https://mma.prnewswire.com/media/2731510/XTEND_1.jpg
Photo: https://mma.prnewswire.com/media/2731511/XTEND_2.jpg

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, Florida, PRNewswire, Tampa, Venture Capital, XTEND

Post navigation

NEXT
Covenant Raises $4M Seed to Accelerate AI Legal Innovation for Private Markets
PREVIOUS
Callidus Legal AI Secures $10M in Funding to Build the AI Operating System for Litigators
Comments are closed.
Subscribe for FREE!

Source: http://go.intelligence360.io/ and https://intelligence360.news/

Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
Subscribe

Categories

Recent Posts

  • LogicSource Names Keith Hausmann COO Amid Rising Enterprise Demand for Indirect Procurement Solutions March 13, 2026
  • Executive Change: Valuedynamx Appoints Eileen Peacock as Senior Vice President General Manager March 13, 2026
  • Executive Change: VALR Brand Appoints Bryan Alesiano as Chief Revenue Officer March 13, 2026
  • Executive Change: USAA Appoints Chris Curtin as Chief Marketing Officer March 13, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.