NextNav
484 Oakmead Pkwy, Sunnyvale, CA, 94085, United States
Overview
NextNav operates a platform intended to offer indoor location services and applications. Its platform offers location-enabling technology with carrier-grade reliability for use in buildings and urban areas where satellite-based geographical positioning service signals cannot reach, enabling clients to avail urban and indoor positioning for public safety and commercial applications.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Electronics
- Location Based Services
- Mobile
- Navigation
- Telecommunications
- Wireless
Investment portfolio
- MetCom
Participated · Equity · Nov 2025
MetCom is a Tokyo-based company developing next-generation ground-wave 3D positioning, navigation and timing (PNT) services. Its terrestrial system transmits signals up to 100,000 times stronger than GNSS, enabling centimetre-level, high-reliability location and time data across indoor, underground and dense urban areas. The technology earned top scores in every category of the U.S. Department of Transportation’s alternative PNT evaluations, underscoring its accuracy and resilience. In 2024 the company began a J-SPARC co-creation program with JAXA to combine its network with the quasi-zenith satellite “Michibiki,” further enhancing jamming resistance and precision. MetCom intends to deploy a nationwide base-station network to serve drones, air mobility, autonomous driving and other Society 5.0 applications. Proceeds from recent financings will fund construction and operation of this infrastructure. Including the new round, the company has raised roughly ¥2.2 billion to date, and views securing a robust domestic PNT capability as a national imperative.