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Strategy Development and Support for Funding Round for NAVENTIK

dammven is please to announce it advised NAVENTIK, a deep-tech company with a proprietary absolute positioning solution for ADAS & Vehicle Autonomy, on its strategy development and is now supporting the company in strategy execution, including assistance for the necessary funding round.

NAVENTIK provides absolute positioning technology with GNSS SDR measurement engine & HW agnostic positioning engine with sensor fusion for autonomous driving and vehicle autonomy. Its solutions are perfect for safety-critical applications such as ADAS L3+ and Autonomous Driving. NAVENTIK uses a Software Defined Radio (SDR) approach to GNSS measurements that allows reducing the hardware to a simple RF front-end, while keeping all critical elements (e.g. signal tracking) in software and running them in the AD compute platform. By combining the SDR measurement engine with its positioning and sensor fusion engine, Naventik is able to implement an end-to-end integrity concept while keeping HW costs to a minimum.

NAVENTIK’s technology provides the ultimate flexibility to update new constellations, services and features throughout the development and production lifecycle including the deployment to vehicles in the field via over-the-air (OTA) updates. The software-only solution not only keeps the costs down, it also enables new, innovative business models that would be unthinkable with HW-centric solutions. Naventik has successfully completed first pilot projects as well as several technical proof-of-concepts (“PoC”) with leading robot manufacturers and automotive OEM’s.