Swift Navigation announced the completion of its $50 million Series E financing round, led by Crosslink Capital, which brings the company’s total capital to over $250 million and driving its mission to change how we map and navigate the world with centimetre-level precision.
Traditional GNSS, such as GPS, provide positioning with an accuracy range of 3 to 10 metres. Swift’s Skylark Precise Positioning Service is a Cloud-based service that corrects errors in GNSS signals, improving accuracy by 100x—to centimetre level. Skylark is purpose-built to facilitate mass market adoption of high-accuracy GNSS by unlocking high-volume applications such as autonomous driving, robotics, precision logistics, and V2X communication.
Today, Skylark powers more than 10 million ADAS-enabled and autonomous vehicles worldwide and supports global programmes for 20+ automotive OEMs and Tier 1 suppliers, robotics companies, and one of the world’s largest commercial fleet operators.
This latest financing reflects strong market demand for Swift’s innovative approach to precise positioning. Unlike traditional precise positioning technologies, Skylark leverages advanced atmospheric modelling, Cloud-based architecture, carrier-grade networks, and ecosystem-driven design to deliver unmatched reliability, safety, and cost efficiency at scale.
“We’re thrilled to have the support of such a strong group of investors who recognize the transformative power of precise positioning,” said Timothy Harris, Co-Founder and CEO of Swift Navigation. “This funding enables us to accelerate growth, expand partnerships, and continue to innovate to unlock some of the most important technologies of our time.”
“Swift Navigation has built a game-changing precise positioning solution, enabling autonomy and automation at scale,” said Michael Stark, Managing Director and Founder of Crosslink Capital. “Their ability to deliver reliable, safety-certified, Cloud-based positioning at a fraction of the cost of legacy solutions is unlocking new commercial opportunities across multiple industries. We are proud to partner with Swift as they expand their reach and impact globally.”
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