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NAVENTIK makes high-precision positioning technology, such as GNSS correction services and chips, for automotive and industrial users.
Founded in 2017 and based in Chemnitz, Germany, NAVENTIK GmbH develops positioning technology with centimeter-level accuracy for applications such as autonomous vehicles and industrial automation. Its products include cloud-based GNSS correction services and positioning chips, sold through direct sales and service agreements. The company raised EUR 2 million in Seed funding on February 15, 2018, from investors including CFH Management and GPS Ventures, at a valuation of EUR 6.824 million.
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