Humatics develops microlocation systems that combine proprietary industrial-grade UWB, sensors, and data to deliver submillimeter range and precision for industrial and transit use cases. Its product lineup includes the Milo Microlocation System, a Rail Navigation System for transit signaling and navigation, and microlocation-on-a-chip for mm-scale tracking in manufacturing, medical, and industrial applications. Customers deploy Humatics’ systems to solve mission-critical localization and navigation challenges in harsh environments where other technologies fall short. The company plans to scale its Milo system, increase its presence in the transit industry, and expand transportation deployments beyond New York City. Leadership includes CEO David Mindell, and the company has offices in Waltham, Massachusetts and Huntsville, Alabama. Financially, the company reported a $30M Series B that increased its total capital raised to over $80M. Humatics builds microlocation hardware and a Spatial Intelligence Platform with APIs that power position-based products and services. Its core products include the KinetIQ 100 peer-to-peer ranging device and the KinetIQ 300 for 3D positioning. The company targets large markets such as industrial automation, next-generation construction, autonomous vehicles, and smart cities. Humatics is led by co-founder and CEO David Mindell and operates from a new 25,000 square foot headquarters in Waltham, Massachusetts. The company has raised more than $50M in total financing and is scaling production and go-to-market for its product line. It also provides analytics software to support an ecosystem of position-based applications. Humatics provides the Spatial Intelligence Platform™, a microlocation system and analytics software platform that enables people and machines to locate, navigate and collaborate. Its radio‑frequency technology can pinpoint multiple, moving transponder targets at ranges up to thirty meters with millimeter‑scale precision. Individual systems can network together to provide broader, ultra‑precise positioning coverage across environments from factory work cells to entire distribution centers. The company plans to power an ecosystem of new position‑based products and services via its architecture and application programming interfaces (APIs). Humatics will use the proceeds of its recent financing to develop and commercialize its microlocation system and analytics software. The company was founded in 2015 and is based in Cambridge, Mass., with David Mindell as CEO and Gary Cohen as president and COO.

Total raised

$76M

Funding rounds

4

Latest round

Series B

Latest activity

Sep 2020