Navenio Raises $6.3M To Expand Ai Location Services In Us Healthcare Market
09/20/23, 10:05 AM
Location
oxford
Money raised
$6.3 million
Industry
health care
Investors
University Of Oxford, George Robinson, Big Pi Ventures, Ventures, G.K. Goh, Oxford Science Enterprises
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 Info
Location
oxford, england, united kingdom
Additional Info
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.