Navmii

company

About

Navmii uses crowdsourcing and AI technology to build both traditional map data for navigation systems and HD map data for autonomous cars.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
£2M
Industries
Artificial Intelligence,Automotive,Autonomous Vehicles,Machine Learning,Mapping Services,Mobile,Navigation,Software
Founded date
Jan 1, 2007
Number Of Employee
51 - 100
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
£2M
Navmii has raised a total of £2M in funding over 2 rounds. Their latest funding was raised on Jul 16, 2012 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 16, 2012 Series A £2M 2 Talis Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Navmii is funded by 2 investors. Talis Capital and Beyond Digital are the most recent investors.
Investor Name Lead Investor Funding Round
Talis Capital Yes Series A
Beyond Digital Series A