Navmii uses crowdsourcing and AI technology to build both traditional map data for navigation systems and HD map data for autonomous cars.
Navmii is changing the way maps of the planet are built by using crowdsourced data and AI technologies. Navmii builds both traditional map data for use in navigation systems and HD map data for autonomous cars.Navmii's "eOSM" maps are automotive grade, navigation quality maps, similar in quality to HERE and TomTom's map data, but at a fraction of the price. Navmii's currently building out the next generation HD maps for use in autonomous cars. Navmii's Crowd - AI model allows the company to reduce the cost of creating HD maps from industry average of between $100 - $500 per mile today, to $0.06 - $0.50 per mile. Navmii has offices in San Francisco, London and St Petersburg Russia.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jul 16, 2012 | Series A | £2M | 2 | Talis Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Talis Capital | Yes | Series A |
Beyond Digital | — | Series A |