TERN raised $4.4 million in seed funding for GPS-independent positioning
TERN raised $4.4 million from Scout Ventures, Shadow Capital, Bravo Victor VC and Veteran Fund to advance its independently derived positioning system for commercial and defence uses.
Evidence notes
- The round was announced on TERN's site on 20 June 2024.
- Scout Ventures, Shadow Capital, Bravo Victor VC and Veteran Fund participated.
- TERN was preparing partner work across mapping, vehicles, emergency services and logistics.
Company context
TERN develops signal-independent positioning software that derives location from existing vehicle sensors, maps and onboard AI. Its architecture is designed to keep vehicles and navigation applications operating through GPS outages, jamming and urban signal loss. The company has tested IDPS with the U.S. Department of Transportation and live vehicle fleets, raised a $4.4 million seed round, and joined NATO DIANA's 2026 programme.