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oneNav Lands $21M in Series B Funding, Unveils the World s First Pure L5 Mobile GNSS Receiver Supercharged by AI, oneNav dramatically improves accuracy and reliability for location dependent applications and services News provided by Share this article Share this article PALO ALTO, Calif., May 20, 2021 /PRNewswire/ oneNav today announced that it has closed a $21 million Series B funding round, led by GV, with participation from Norwest Venture Partners and GSR Ventures, bringing total funding to $33 million. The company also unveiled the world s first pure L5 mobile GNSS receiver, which provides the highest location accuracy with half the footprint of existing solutions. Further validating the company s unique mobile offering, oneNav has signed a strategic partnership agreement with In-Q-Tel Inc., providing U.S. intelligence and defense agencies with a first-of-a-kind GNSS technology solution. ....
OneNav locates $21M from GV to map our transition to the next generation of GPS GPS is one of those science fiction technologies whose use is effortless for the end user and endlessly challenging for the engineers who design it. It’s now at the heart of modern life: everything from Amazon package deliveries to our cars and trucks to our walks through national parks are centered around a pin on a map that monitors us down to a few meters. Yet, GPS technology is decades old, and it’s going through a much-needed modernization. The U.S., Europe, China, Japan and others have been installing a new generation of GNSS satellites (GNSS is the generic name for GPS, which is the specific name for the U.S. system) that will offer stronger signals in what is known as the L5 band (1176 MHz). That means more accurate map pinpoints compared to the original generation L1 band satellites, particularly in areas where line-of-sight can be obscured like urban areas. L5 was “designed to m ....
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. We asked investors at top venture capital firms to name the startups that will boom in 2021. Each VC was asked to name two startups: one that they invested in; and one where they have no financial ties or any other interest, but believe will do well. The result is an exciting list of startups to watch in the coming year in a wide variety of fields like consumer products, cybersecurity, ecommerce, fintech, and telehealth. Whether you are looking for a startup to join as an employee, or looking out for tech trends, this list is the best way to know what s hot among Silicon Valley s startup experts: venture capitalists. ....