Munich-based NavVis raised $85M to scale its spatial data engine and accelerate AI. Led by The Jordan Company, the round will fuel US expansion and next-gen reality capture.
NavVis, the Munich-based spatial twin platform for the built world, just closed a massive $85 million Series D round. The money will fuel its spatial data engine and supercharge an AI roadmap that's already turning heads across the industrial sector.
The Jordan Company, a US private equity firm, led the round. Existing backers Yttrium, KOZO KEIKAKU ENGINEERING (KKE), and Cipio Partners also joined in. That's a strong vote of confidence from both sides of the Atlantic.
### Why This Funding Matters
Co-founder and CEO Dr. Felix Reinshagen didn't mince words about the mission. "Our goal is to keep the physical and digital reality synchronized for the world's most valuable assets," he said. The company's clients are the most demanding operators out there, trusting NavVis with billions of square feet of spatial data from their most critical infrastructure.
The fresh capital isn't just about growth. It's about doing more: more scalability, more intelligence, and ultimately more productivity for the underlying assets. There's also a clear push into the US market, where NavVis has seen its fastest growth in recent years.
### From University Spin-Off to Industry Standard
NavVis started in 2013 as a spin-off from the Technical University of Munich (TUM). Founded by Reinshagen, Georg Schroth, Robert Huitl, and Sebastian Hilsenbeck, the company set out to deliver fast, reliable spatial data to enterprises building photorealistic digital twins of the built environment.
Today, it pairs 10x faster, survey-grade mobile reality capture (think the NavVis VLX and MLX) with an enterprise platform called NavVis IVION. That platform turns raw captured data into a shared, trusted, always-current digital reality.
The hardware side is equally impressive. The NavVis LX-Series includes wearable and handheld laser scanning systemsโthe MLX, VLX 2, and VLX 3. These devices use SLAM (Simultaneous Localization and Mapping) technology, a process developed back in the 1980s that originally helped robots navigate unfamiliar spaces without maps. NavVis has taken that foundational tech and revolutionized mobile mapping with it.
### What the CTO Says
Co-founder and CTO Dr. Georg Schroth explained the philosophy: "Acting in the physical world has always meant planning against drawings no one fully trusts. We changed that." NavVis captures any factory, plant, or building at survey-grade standards in days, then holds it as the System of Record for industrial reality data. That means one governed, always-current record that every team, every tool, and every AI system can build on.
This round pushes them further into next-generation capture, a deeper intelligence layer, and an open platform for the physical AI ecosystem.
### Real-World Impact by the Numbers
- Over 1 billion square feet of the world's most complex industrial plants, construction sites, and buildings were added to the NavVis platform in 2025 alone
- More than 150,000 users in engineering, maintenance, and construction teams rely on NavVis data
- Over 1,500 customers across 50+ countries use NavVis spatial data solutions
The applications are tangible. Teams use NavVis to cut downtime on automotive assembly lines, speed up data-center construction, and shorten maintenance shutdowns at refineries. Others use the data to plan robotics roll-outs or train industrial foundational models. The result? Less rework, less downtime, and a solid foundation for automation and AI-driven decision-making at scale.
It's an exciting time for spatial intelligence, and NavVis is clearly positioning itself at the center of it all.