NavVis adds EUR 25M equity funding led by Cipio Partners

Dec 7, 2021 · Funding · NavVis · Spatial Intelligence

NavVis received EUR 25 million of fresh equity funding led by Cipio Partners, complementing its EIB debt financing.

NavVis company media
Company media · NavVis
  • Cipio Partners led the equity funding with participation from BayBG, MIG, Target Partners, Digital+ Partners and Kozo Keikaku Engineering.
  • NavVis said the funding brought total investment to EUR 85 million.
  • The company planned to expand operations, geographic reach, product portfolio and R&D teams.

NavVis develops mobile mapping hardware and spatial-data software for capturing and operating digital twins of factories, construction sites and other large indoor environments. Founded as a Technical University of Munich spin-off in 2013, the company combines wearable and trolley mapping systems with cloud processing, visual navigation and web-based access. Its data supports planning, inspection, facility operations and robot localisation workflows.