NavVis, a Munich-based spatial twin platform, has raised $85 million in Series D funding to build its spatial data engine and accelerate its AI roadmap. The round was led by The Jordan Company, with participation from existing investors.
NavVis, the Munich-based spatial twin platform for the built world, just closed a hefty Series D round. The company pulled in $85 million (€73.7 million) to supercharge its spatial data engine and fast-track its AI product roadmap. That's a serious vote of confidence from investors who see the massive potential in digital twins for industrial and commercial spaces.
The round was led by The Jordan Company, a US private equity firm, with backing from existing investors like Yttrium (along with a consortium of industrial family offices), KOZO KEIKAKU ENGINEERING (KKE), and Cipio Partners. This mix of strategic and financial backers signals that NavVis isn't just a flash in the pan—it's a company with staying power.
### Why All the Fuss About Spatial Data?
You might be wondering, "What's so special about spatial data?" Well, think about the world's most complex industrial plants, massive construction sites, and sprawling office buildings. Every day, teams need accurate, up-to-date information about these physical spaces to keep things running smoothly. That's where NavVis comes in.
Dr. Felix Reinshagen, co-founder and CEO of NavVis, put it this way: "Our mission is to keep the physical and digital reality synchronised for the world's most valuable assets. Our customers are the most demanding operators on earth. And they are trusting us with billions of square feet of spatial data of their most mission-critical infrastructure."
He added, "We have raised this round to do even more: More scalability, more intelligence and ultimately more productivity for the underlying assets. At the same time, we will broaden our market presence with a strong focus on the US market where we have been scaling the fastest in recent years."
### The Tech Behind the Magic
Founded in 2013 by Felix Reinshagen, Georg Schroth, Robert Huitl, and Sebastian Hilsenbeck as a spin-off from the Technical University of Munich (TUM), NavVis has been quietly building a powerhouse. The company's tech combines survey-grade mobile reality capture (think NavVis VLX and NavVis MLX) with an enterprise spatial twin platform called NavVis IVION. Together, they turn raw data into shared, trusted, always-current digital reality.
The NavVis LX-Series includes the NavVis MLX, VLX 2, and VLX 3—wearable and handheld laser scanning systems that use SLAM (Simultaneous Localization and Mapping) technology. SLAM, developed back in the 1980s, originally helped robots navigate new environments without a map. Now, it's revolutionizing how we capture and understand the built world.
NavVis claims its technology is 10 times faster than traditional methods. That's a game-changer for industries where downtime is measured in millions of dollars per hour.
### The System of Record for Industrial Reality
Dr. Georg Schroth, co-founder and CTO, explained the company's vision: "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, and holds it as the System of Record for industrial reality data: one governed, always-current record that every team, every tool and every AI system can build on."
This round takes them further: next-generation capture, a deeper intelligence layer, and an open platform for the physical AI ecosystem. That's a bold statement, but the numbers back it up.
### Real-World Impact and Scale
In 2025 alone, over a billion square feet of the world's most complex industrial plants, construction sites, and buildings have been added to the NavVis platform. That's a lot of square footage, and it's helping companies reduce rework, cut downtime, and lay the foundation for automation, analytics, and AI-driven decision-making.
More than 150,000 users in engineering, maintenance, and construction teams rely on NavVis data. They're using it to reduce downtime on automotive assembly lines, speed up data-center construction, and shorten maintenance shutdowns at refineries. Some customers even use NavVis data to plan robotics rollouts or train industrial foundational models.
With over 1,500 customers in more than 50 countries, NavVis is clearly tapping into a huge need. And with this fresh capital, they're poised to make an even bigger dent in the US market. It's an exciting time for spatial data, and NavVis is at the forefront.