NavVis Raises $85M to Power Its Spatial Data Engine and AI Roadmap

Jan de Vries · 2026-08-07

NavVis, a Munich-based spatial twin platform for the built world, just closed a hefty Series D round. The company raised $85 million (€73.7 million) to supercharge its massive spatial data engine and speed up its AI product roadmap. That's a serious vote of confidence in the future of digital twins. ### Who's Backing the Vision? The round was led by The Jordan Company, a US private equity firm, with existing shareholders Yttrium (alongside a consortium of industrial family offices), KOZO KEIKAKU ENGINEERING (KKE), and Cipio Partners also joining in. When you see that mix of investors, it tells you the tech isn't just cool—it's commercially viable across industries. ### Why This Funding Matters Dr. Felix Reinshagen, co-founder and CEO of NavVis, put it plainly: "Our mission is to keep the physical and digital reality synchronised for the world's most valuable assets." He emphasized that customers trust the platform with billions of square feet of spatial data from mission-critical infrastructure. The new capital will fuel more scalability, intelligence, and productivity for those assets. Here's the kicker: the company is doubling down on the US market, where it's been scaling fastest in recent years. That's a strategic move that could reshape how American industrial giants manage their facilities. ### From University Spin-Off to Industry Standard Founded in 2013 by Reinshagen, Georg Schroth, Robert Huitl, and Sebastian Hilsenbeck as a spin-off from the Technical University of Munich (TUM), NavVis has come a long way. The company now supplies fast, reliable spatial data to service providers and enterprises looking to capture photorealistic digital twins of the built environment. ### The Tech Behind the Magic NavVis combines survey-grade mobile reality capture that's 10x faster than traditional methods with an enterprise spatial twin platform called NavVis IVION. This platform turns raw captured data into shared, trusted, always-current digital reality. Their 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 autonomously. NavVis has adapted that foundational tech for mobile mapping, and it's revolutionizing how we capture industrial spaces. ### What the CTO Says Dr. Georg Schroth, co-founder and CTO, had a great take: "Acting in the physical world has always meant planning against drawings no one fully trusts. We changed that." His vision is clear—NavVis captures any factory, plant, or building at survey-grade standards in days, holding it as the System of Record for industrial reality data. ### Real-World Impact at Scale Here's where it gets impressive: - Over 1 billion square feet of the world's most complex industrial plants, construction sites, and buildings have been added to the NavVis platform in 2025. - More than 150,000 users in engineering, maintenance, and construction teams rely on NavVis data. - Customers are using it to reduce downtime on automotive assembly lines, accelerate data-center construction, and shorten maintenance shutdowns at refineries. Some clients even use NavVis data for planning robotics roll-outs or training industrial foundational models. With over 1,500 customers in more than 50 countries, this isn't just a niche tool—it's becoming the backbone of industrial digital transformation. The bottom line? NavVis is positioning itself as the go-to platform for anyone who needs accurate, current, and trustworthy spatial data. And with this fresh funding, they're not slowing down anytime soon.