Navenio Raises $6.3M To Expand Ai Location Services In Us Healthcare Market

Sep 20, 2023•about 2 years ago

Amount Raised

$6.3 Million

OxfordHealth Care

Investors

University Of OxfordGeorge RobinsonBig Pi VenturesVenturesG.K. GohOxford Science Enterprises

Description

Oxford-based, AI-powered location platform Navenio has secured $6.3 million in funding. The round was led by Oxford Science Enterprises and includes participation from existing investors G.K. Goh, Ventures, Big Pi Ventures, George Robinson, and the University of Oxford. Navenio was spun out of the University of Oxford in 2015.

Company Information

Company

Navenio

Location

Oxford, England, United Kingdom

About

Navenio has developed infrastructure-free, highly scalable, accurate and robust indoor location solutions - built on award-winning and world leading research from the University of Oxford - that utilise existing smartphone devices to localise people within a broad range of contexts and markets. The Navenio solution provides a dramatic improvement on other indoor localisation technologies, having the ability to locate people without the need for implementing, managing or surveying any new building hardware such as beacons or wi-fi. As a result, Navenio can deliver highly scalable and frictionless indoor location solutions for everyone, everywhere.

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