Swift Navigation is a technology company that provides precise positioning solutions for automotive advanced driver-assistance systems.
Swift Navigation is a technology company that provides precise positioning solutions for automotive advanced driver-assistance systems. The company was founded in 2012 to make GPS positioning technology more accurate and affordable. Today Swift Navigation has gained a reputation for defining a new category of GNSS systems as the industry’s first low-cost, high-accuracy real-time kinematics (RTK) receiver. Its GPS and GNSS positioning products are available at a fraction of the price of the competition and deliver 100 times better accuracy than the GPS in a cell phone. Swift Navigation’s technology benefits a multitude of industries and applications—including autonomous vehicles, unmanned aerial vehicles (UAVs), precision agriculture, robotics, surveying, and space. With its innovation and technology honored by Inc.’s and Forbes 30 Under 30 lists, Swift Navigation is enabling a world where fields farm themselves, drones fly safely and autonomous transportation can take you home. Swift Navigation provides an end-to-end GNSS solution with a line of Piksi, Multi, and Duro / Duro Inertial receivers, Starling, Positioning Engine, and Skylark Cloud Corrections Service.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 18, 2022 | Series D | $100M | 12 | Potentum partners SK | — | Detail |
Feb 9, 2021 | Series C | $50M | 6 | Forest Baskett Greg Papadopoulos | — | Detail |
May 24, 2019 | Series C | — | 1 | — | — | Detail |
Jun 28, 2017 | Series B | $35.20M | 9 | New Enterprise Associates | — | Detail |
Dec 8, 2015 | Series A | $11M | 8 | Eclipse Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Potentum partners | Yes | Series D |
SK | Yes | Series D |
Forest Baskett | Yes | Series C |
Greg Papadopoulos | Yes | Series C |
Buckley Ventures | — | Series D |
Eclipse Ventures | — | Series D |
EPIQ Capital Group | — | Series D |
FM Capital | — | Series D |
New Enterprise Associates | — | Series D |
OVN Capital | — | Series D |