Exodigo acquires U.S. engineering firm V&A in estimated $25-30 million deal
The Israeli AI underground mapping startup is expanding its engineering capabilities and strengthening its foothold in Southern California's booming infrastructure market.
Israeli startup Exodigo, which develops AI-powered underground mapping technology, has acquired U.S. engineering firm V&A. The company did not disclose the financial terms of the transaction, although the deal is estimated to be worth between $25 million and $30 million.
The acquisition expands Exodigo's engineering capabilities and strengthens its presence in the Los Angeles and Southern California region, one of the largest infrastructure markets in the United States.
Exodigo has developed technology that combines advanced sensing systems, 3D visualization, and artificial intelligence to map and analyze underground conditions without the need for excavation.
The company's platform addresses one of the biggest challenges facing infrastructure projects: uncertainty about what lies beneath the surface. Its technology identifies soil composition, bedrock, groundwater, voids and sinkholes, building foundations, and underground infrastructure that is either unmapped or inaccurately documented. By providing a comprehensive underground picture before construction begins, the system helps reduce costly delays, avoid unexpected discoveries, and improve safety.
Founded nearly two decades ago, V&A employs dozens of people and provides engineering services for transportation, aviation, water, energy, and other infrastructure projects. Its clients include Caltrans, the California High-Speed Rail Authority, the City of Los Angeles, LADWP, LA Metro, Southern California Edison, and Southern California Gas.
Founded in 2021, Exodigo has raised $214 million from investors including Zeev Ventures, Greenfield Partners, 10D, Square Peg, JIBE, Vintage Investment Partners, Leblon Capital, and National Grid.
Following the acquisition, V&A will continue operating as a standalone business within Exodigo. Its management team will remain in place and continue overseeing existing customer projects, contracts, and client relationships.
"V&A has built an exceptional business grounded in civil engineering excellence, trusted client relationships, and a commitment to delivering large, complex infrastructure projects on schedule and on budget," said Jeremy Suard, CEO and Co-Founder of Exodigo. "Together, we are bringing engineering expertise and AI-powered subsurface intelligence closer together, helping clients make smarter decisions and deliver projects with greater certainty."
