‘Indoor GPS’ scaleup Navenio navigates to £9.5m
Summary
Navenio, which serves the healthcare sector, has secured £9.5 million investment to power its bid to bring the benefits of indoor location ‘to everyone, everywhere’. “I’m delighted our investors have again demonstrated their belief in the vast potential that Navenio can bring by ensuring ‘right person, right place, right time’,” said founder and CTO Niki Trigoni. “Artificial intelligence is one of many technologies making a real-world impact in the health sector, and this investment enables the company to rapidly spearhead international digital transformation.” Navenio has already forged strong relationships with health systems and facilities management operators in the UK and US. Matt Arnold, principal at Oxford Science Enterprises commented: “We’ve supported Navenio since day one and couldn’t be happier with the progress they have made despite the pandemic. “We are proud of the impact this business has made in healthcare and this investment gives the company the firepower to deliver this promise internationally.”