5 years ago

Indoor GPS Provider Navenio Secures £9 Million Series A

  • Oxford University spin-out Navenio, a healthcare scale-up specializing in indoor location solutions, has raised £9 million in Series A funding

  • The round was led by QBN Capital

  • Navenio's technology, likened to indoor GPS, optimizes workforce allocation in hospitals, improving efficiency and patient care

  • The funding will be used to expand the company's reach in the UK, US, and Asia.

      • ProblemHealthcare

      "making it difficult for hospitals to allocate tasks efficiently to healthcare teams, and creating a bottleneck in the healthcare system"

      Solution

      "Navenio provides infrastructure-free indoor location solutions, like GPS for indoors, to assign tasks to health care teams based on their location, improving efficiency and workflow for healthcare teams, leading to better patient outcomes and staff experience"

      Covered on