Swift Navigation Raises 100 Million Series D Financing Round To Bring Safe And Precise Navigation To Every Vehicle On The Planet
SAN FRANCISCO, Oct. 18, 2022 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for automotive ADAS (advanced driver-assistance systems) and autonomy, industrial machine control, commercial transportation, mobile and emerging mass-market applications, today announced that it has completed a $100 million financing round. The Series D Round was led by SK Inc. and Potentum Partners with strong support from Swift’s existing investors, including New Enterprise Associates (NEA), Eclipse Ventures and EPIQ Capital Group....