dammven is pleased to announce the completion of a due diligence review of Focal Point Positioning. The review was carried out on behalf of Gresham House Ventures, covered technical, commercial and IP-related aspects and resulted in Gresham House Ventures’ participation in the Series C round of Focal Point Positioning.
Focal Point Positioning is a deeptech business with a growing IP and software portfolio. Its proprietary technology applies advanced physics and machine learning to reduce costs and dramatically improve GNSS location sensitivity, accuracy, and security in smartphones, wearables and vehicles.
Gresham House Ventures is a growth equity investor specialized in scaling businesses with business models driven by technology, customer insight or service excellence. It aims to work with ambitious management teams who want the support of a flexible long-term investor who brings capital, insight and expertise. Gresham House Ventures’ team has worked together for more than 10 years and made over 100 investments into growth businesses.