Swift Navigation, a San Francisco-based tech firm developing GNSS (Global Navigation Satellite System) and precise positioning technology for automotive ADAS (advanced driver-assistance systems) and autonomy, industrial machine control, commercial transportation, mobile and emerging mass-market applications, has completed a $100 million financing round.
The Series D Round was led by SK Inc and Potentum Partners with strong support from Swift’s existing investors, including New Enterprise Associates (NEA), Eclipse Ventures and EPIQ Capital Group.
The Series D Round included new investors: FM Capital, OVN Capital, TELUS Ventures, TWM Venture Co., Buckley Ventures, Schox Venture Capital and additional independent investors. To date, the company has raised over $200 million in funding. [Read more…] about Swift Navigation raises $100 million to bring its autonomous navigation systems to market