• Swift Navigation

  Participated · Series D · Oct 2022

  Swift Navigation offers Skylark, a real-time cloud-based precise positioning service that corrects GNSS errors to deliver centimeter-level accuracy for high-volume applications. Skylark is designed for mass-market adoption and operates entirely in the cloud without the need for expensive physical data centers. The service is certified to meet ISO 26262:2018 functional safety standards for road vehicles. Swift reports that Skylark supports over 10 million ADAS-enabled and autonomous vehicles and contributes to global programs for more than 20 automotive OEMs and leading robotics companies. With the new funding, Swift plans to expand adoption across use cases including digital mapping and precision mobile navigation. Timothy Harris is cited as Co-Founder and CEO in the announcement. Swift Navigation offers a comprehensive GNSS platform used across automotive, industrial, and consumer markets. Its products include Skylark, a global wide-area cloud-based GNSS precise positioning service, and Starling, a receiver-agnostic client software positioning engine, along with a variety of Swift and third-party compatible receivers. The platform supports single- and multi-frequency, multi-constellation automotive and commercial-grade GNSS measurement engines and chipsets. Use cases include improved mobile phone positioning (navigation, traffic, augmented reality), continent-wide rail tracking and safety, and enhanced RTK for machine control and guidance in agriculture, construction, and robotics. Customers include automotive OEMs and Tier 1 suppliers, last-mile delivery providers, mobile handset and application companies, and builders of rail, industrial machine control, and IoT platforms. The company intends to use new funding to accelerate growth and expand operations, and to date has raised over $200 million in funding. Swift Navigation builds GNSS and precise positioning technology, including the cloud-based Skylark precise positioning service, the receiver-agnostic Starling software positioning engine, and RTK hardware such as Piksi Multi and Duro devices. Its platform delivers centimeter-accurate, continent-scale positioning across the U.S., Europe, Japan, South Korea, Australia and a growing number of countries. Customers include automotive OEMs, last-mile delivery providers, mobile providers and makers of rail, industrial, micromobility and IoT platforms. The company emphasizes integration with automotive sensor suites and mobile devices to enable lane-level accuracy with privacy and security. Swift plans to use the Series C proceeds to scale customer deployments and continue worldwide expansion. To date the company has raised $97.6 million in funding. Swift Navigation is a San Francisco-based company founded in 2012 by Timothy Harris that develops centimeter-accurate GNSS/GPS technology. Its core products include Piksi Multi, a multi-band, multi-constellation high-precision GNSS receiver with seconds-level convergence, and Duro, a ruggedized version for harsh outdoor deployments. The company serves over 2,000 customers across autonomous vehicles, precision agriculture, UAVs, robotics, maritime, transportation/logistics and outdoor industrial applications. In June 2017 it raised $34M in a Series B, bringing total funding to $47.6M. Swift plans to use the funds to scale customer deployments, grow its team, and invest in core engineering and R&D. It also intends to introduce additional next-generation products in 2017. Swift Navigation develops accurate Real Time Kinematics (RTK) GPS positioning technology for applications including unmanned aerial vehicles, precision agriculture, self-driving cars, robotics and surveying. Led by CEO Tim Harris, the company has sold its first product, Piksi™, to over 1,200 customers. Swift is planning to introduce two next-generation products in 2016. Financially, the company has raised a total of $13.6M to date. The firm intends to use new funding to scale and grow its team and to invest in core engineering and R&D.

No current team members are available.