NavVis Raises €73.7M to Build Spatial Data Layer for AI Deployment
NavVis, a Munich-based spatial twin platform, raised €73.7 million ($85 million) in a Series D round led by US private equity firm The Jordan Company. Existing investors Yttrium, KOZO KEIKAKU ENGINEERING, and Cipio Partners also participated.
The company, a 2013 spin-off from the Technical University of Munich, builds photorealistic digital replicas of factories, plants, and buildings using wearable laser scanning systems that it says work 10 times faster than traditional survey methods.
Key Takeaways:
- Over a billion square metres of industrial space have been scanned onto the NavVis platform.
- More than 1,500 customers across 50 countries, including BMW, Volkswagen, Toyota, Siemens, ExxonMobil, and BASF.
- Partnerships with Nvidia, SAP, and Autodesk.
- The investment will fund next-generation capture hardware, enhanced AI intelligence, and an open platform for a “physical AI ecosystem.”
Navigating the Future of Industrial AI
CTO Georg Schroth highlights the problem: industrial teams have relied on drawings that nobody fully trusts. NavVis provides a continuously updated spatial record serving as the system of truth for all teams, tools, and AI systems.
Digital twins are expanding from urban planning to industrial operations, with NavVis focusing on the factory end where data requirements are most demanding. The company is accelerating its US expansion and positioning itself as the builder of the essential spatial data layer for industrial AI.
Customers use NavVis data for:
- Reducing downtime on automotive assembly lines
- Accelerating data centre construction
- Shortening refinery maintenance shutdowns
- Planning robotics rollouts
- Training industrial foundation models
Cristian Dina, CRO at The Next Web, notes that NavVis is establishing itself as a key player in the physical AI ecosystem. At just 23, he was included in Forbes’ 30 Under 30 list for 2025, representing a new generation of tech builders.