NavVis Raises €73.7 Mn to Expand Spatial Data and AI Platform

The funding round was led by The Jordan Company, a US-based private equity firm. The investment will help NavVis expand its large-scale spatial data platform.

NavVis plans to use the new funding to accelerate its AI product development and strengthen its spatial data engine. Existing investors, including Yttrium, KOZO KEIKAKU ENGINEERING (KKE), and Cipio Partners, also participated in the round.

Dr. Felix Reinshagen, co-founder and CEO of NavVis, said, “Our mission is to keep the physical and digital reality synchronised for the world’s most valuable assets. Our customers are the most demanding operators on earth. And they are trusting us with billions of square meters of spatial data of their most mission-critical infrastructure.

“We have raised this round to do even more: More scalability, more intelligence and ultimately more productivity for the underlaying assets. At the same time, we will broaden our market presence with a strong focus on the US market where we have been scaling the fastest in recent years.”

NavVis co-Founder and CTO Dr. Georg Schroth said, “Acting in the physical world has always meant planning against drawings no one fully trusts. We changed that. NavVis captures any factory, plant or building at survey-grade standards in days, and holds it as the System of Record for industrial reality data: one governed, always-current record that every team, every tool and every AI system can build on. This round takes us further: next-generation capture, a deeper intelligence layer, and an open platform for the physical AI ecosystem.”

Founded in 2013 by Reinshagen, Georg Schroth, Robert Huitl and Sebastian Hilsenbeck, NavVis is a Munich-based technology company that helps businesses create digital 3D versions of real-world buildings and spaces, known as spatial twins. Its technology captures detailed information about physical environments and converts it into digital data for mapping, planning, construction, and facility management.

NavVis is also using artificial intelligence (AI) to help businesses better understand and use spatial data. The company aims to build a large-scale spatial data platform that connects the physical and digital worlds.

Read Also- Omilia Raises €58.1 Mn Series B to Expand AI-Powered Customer Experience Platform