NavVis raised €73.7M to build the spatial data layer that factories need before they can deploy AI

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TL;DR

NavVis raised €73.7M Series D led by The Jordan Company. Spatial twin platform has scanned 1B+ sqm. 1,500+ customers including BMW, VW, Toyota, Siemens. Expanding in US market. Partners with Nvidia, SAP, Autodesk.

NavVis, a Munich-based spatial twin platform, raised €73.7 million ($85 million) in a Series D round led by US private equity firm The Jordan Company. Existing investors Yttrium, KOZO KEIKAKU ENGINEERING, and Cipio Partners also participated. The company, a 2013 spin-off from the Technical University of Munich, builds photorealistic digital replicas of factories, plants, and buildings using wearable laser scanning systems that it says work 10 times faster than traditional survey methods.

The numbers are substantial. More than a billion square metres of industrial space have been scanned onto the NavVis platform, and over 150,000 users in engineering, maintenance, and construction teams use the data daily. The customer list reads like a manufacturing index: BMW,...

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