Fixposition raises an extension of its seed financing round. The advisors
Fixposition, a Swiss technology company providing high-precision positioning information in GNSS (global navigation satellite system) degraded and denied environments, has raised an additional USD 5.95 million in an extension of its seed financing round. This extension includes investments from Cultivation Capital, G&M Capital, Hasler Stiftung, MiraclePlus, Momenta, and True Ventures.
The funds will be used to bring the company’s next-generation product into production, execute its market strategy, and expand its portfolio through strategic partnerships in the autonomous navigation space. Fixposition will also use the funds to develop its complementary services to future-proof its solutions and make customer integrations and support a priority.
Niederer Kraft Frey advised Fixposition in connection with its latest financing round. The NKF team was led by corporate partner Patrik Peyer (pictured), working with corporate associate Alexander Göbel.
