Navvy

NavVis adds fresh funding to fulfill its mission to digitize commercial buildings and assets

Retrieved on: 
Tuesday, December 7, 2021
AEC, Norwest Venture Partners, SLAM, Technology, Built environment, Leadership, Industry, Software, European Investment Bank, EIB, MIG, Multimedia, Target Partners, Mark (given name), 3D, Navvy, CTO, Software as a service, Investment, Video game, Online shopping

MUNICH, Dec. 7, 2021 /PRNewswire/ -- NavVis is a global leader in end-to-end solutions for reality capture and digital twins. The company is on a mission to bridge the gap between the physical and digital world by enabling immediate access to building information, anytime, anywhere. The NavVis product offering includes the world's most advanced reality capture solution, which allows for rapid digitization of buildings and assets, and cloud-based digital twin software for the manufacturing and construction sector.

Key Points: 
  • NavVis announced today that they have received 25m of fresh equity funding that complements the recent 20m debt funding from the European Investment Bank (EIB), raising the total investment to 85m.
  • Around construction sites, factories, and all other commercial buildings today, planners, engineers, and operators struggle with non-existent, unreliable, or inaccessible data.
  • Pandemic travel restrictions, climate considerations, and the need to digitize processes and disconnect them from the physical building and assets amplify these struggles.
  • NavVis provides detailed, reliable, and easily accessible data of buildings and assets fast and at an unprecedented low cost.

NavVis adds fresh funding to fulfill its mission to digitize commercial buildings and assets

Retrieved on: 
Tuesday, December 7, 2021
AEC, Norwest Venture Partners, SLAM, Technology, Built environment, Leadership, Industry, Software, European Investment Bank, EIB, MIG, Target Partners, Mark (given name), 3D, Navvy, CTO, Software as a service, Investment, Video game

MUNICH, Dec. 7, 2021 /PRNewswire/ -- NavVis is a global leader in end-to-end solutions for reality capture and digital twins. The company is on a mission to bridge the gap between the physical and digital world by enabling immediate access to building information, anytime, anywhere. The NavVis product offering includes the world's most advanced reality capture solution, which allows for rapid digitization of buildings and assets, and cloud-based digital twin software for the manufacturing and construction sector.

Key Points: 
  • NavVis announced today that they have received 25m of fresh equity funding that complements the recent 20m debt funding from the European Investment Bank (EIB), raising the total investment to 85m.
  • Around construction sites, factories, and all other commercial buildings today, planners, engineers, and operators struggle with non-existent, unreliable, or inaccessible data.
  • Pandemic travel restrictions, climate considerations, and the need to digitize processes and disconnect them from the physical building and assets amplify these struggles.
  • NavVis provides detailed, reliable, and easily accessible data of buildings and assets fast and at an unprecedented low cost.