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Swift Navigation Raises $100 Million Series D Financing Round To Bring Safe And Precise Navigation To Every Vehicle On The Planet

PRIVATEOct 18, 2022

Amount Raised

$100 Million

Round Type

Series D

information technology & services

Description

Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for automotive ADAS (advanced driver-assistance systems) and autonomy, industrial machine control, commercial transportation, mobile and emerging mass-market applications, today announced that it has completed a $100 million financing round. The Series D Round was led by SK Inc. and Potentum Partners with strong support from Swift’s existing investors, including New Enterprise Associates (NEA), Eclipse Ventures and EPIQ Capital Group. The Series D Round included new investors: FM Capital, OVN Capital, TELUS Ventures, TWM Venture Co., Buckley Ventures, Schox Venture Capital and additional independent investors

Quick answer

Swift Navigation raised $100 Million in a Series D round, dated October 18, 2022.

How much did Swift Navigation raise?
Swift Navigation raised $100 Million in a Series D round on October 18, 2022.
What does Swift Navigation do?
Swift Navigation is changing the way we navigate and understand our planet.
Where is Swift Navigation based and how big is it?
Fundz records about 150 employees.

Source: Fundz verified event record.

Who else raised in information technology & services around the same time

Companies in the same sectors as Swift Navigation that raised within 45 days of this round, from Fundz verified event records.

  • FrankieOne raised an undisclosed amount (Series A) on November 28, 2022.
  • Daylight raised $15M (Funding Round) on November 18, 2022.
  • Terzo raised $16M (Funding Round) on November 17, 2022.
  • OpenWeb raised $170M (Series F) on October 27, 2022.
  • Drivetrain AI raised $15M (Funding Round) on October 18, 2022.
  • HYCU raised an undisclosed amount (Corporate Round) on October 17, 2022.

Who to call at Swift Navigation, and when

A new round usually means Swift Navigation is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Swift Navigation

Location

201 Mission St

About

Swift Navigation is changing the way we navigate and understand our planet. Swift’s precise positioning technology platform improves location accuracy from several meters to centimeter-level and is used by millions of devices across the globe. Swift’s technology is trusted by users across industries, enabling safer driving, improving efficiency for last-mile delivery and commercial transport operation, increasing accuracy for mobile devices and creating new possibilities for rail, robotics and machine control. Swift Navigation, Inc. has been redefining GNSS positioning technology since 2012. What began as the industry’s first low-cost, high-accuracy, real-time kinematic (RTK) receiver has evolved into an ecosystem of GNSS positioning solutions for autonomous applications. The Starling® positioning engine is an integrated software solution for precise positioning while the Skylark™ precise positioning service delivers cloud-based GNSS corrections across continents—eliminating traditional geographical restrictions. Piksi® Multi, Piksi Multi Inertial, the ruggedized Duro® and Duro Inertial RTK receivers deliver centimeter-level accuracy at an affordable price.

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Swift Navigation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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