Tech Company Financing Transactions
oneNav Funding Round
oneNav closed a $21 million Series B funding round on 5/21/2021. Backers included GV, GSR Ventures and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
5/21/2021
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Investors
Proceeds Purpose
oneNav will use the new money to continue its work on its technology with its 30-person-plus team.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
3258 Emerson St.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
oneNav provides a Pure L5 Wideband Mobile GNSS positioning system for smartphones, wearables and IOT tracking devices. The oneNav team comprises 25 GNSS experts from Qualcomm, Apple, Intel, SnapTrack, SiRF and Trimble. oneNav team members invented GPS for cell phones for the first time in 2001. oneNav is headquartered in Palo Alto, California.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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