Munich-based spatial intelligence startup NavVis raises $35.5 million

German indoor spatial intelligence startup NavVis has raised $35.5 million in a Series C funding round led by Digital+ Partners, with additional participation from new investor Kozo Keikaku Engineering and existing investors MIG, Target Partners, and BayBG.

NavVis works with enterprises to provide insight into different aspects of physical spaces by creating a “digital twin,” i.e. an accurate virtual copy of any building or its part. The startup's product suite includes a hardware 3D scanner NavVis M6 and a visualisation software, NavVis IndoorViewer.

“The major German automotive manufacturers, who served as early adopters, paved the way for our digital twin technology to transform how enterprises will operate in the future,” said Felix Reinshagen, NavVis co-founder and CEO. “Our mission is now to empower every enterprise with the easiest and most powerful way to build and operate their own digital twin to the fullest potential.”

Founded in 2013, NavVis has offices in Munich, New York, and Shanghai. The company stated that its technology has been used to scan and visualise more than 150 million m² for clients such as Daimler, Lenovo, and Deutsche Telekom.

In the photo (left to right): NavVis founders Robert Huitl, Sebastian Hilsenbeck, Felix Reinshagen, Georg Schroth