4 years ago
FocalPoint Positioning Secures £6 Million to Enhance GPS Accuracy in Wearables and IoT
Cambridge-based deep tech startup FocalPoint Positioning has raised £6 million in Series B funding to address GPS accuracy problems in wearables, vehicles, and IoT devices
The company's technology overcomes limitations of satellite positioning systems like GPS, Galileo, GLONASS, and BeiDou
The funding round was led by Draper Esprit.
ProblemTechnology
"making GPS-accurate positioning available for wearables, vehicles, and IoT devices in environments with poor satellite signal or multi-path interference"
Solution
"FocalPoint's technology provides accurate GPS positioning by improving the signal processing and filtering algorithms, allowing devices to accurately determine their location even in challenging environments"