NavVis secured €73.7 million to develop the spatial data infrastructure that factories require prior to implementing AI.

      NavVis has secured €73.7 million ($85 million) in a Series D funding round spearheaded by The Jordan Company, a US private equity firm. The Munich-based spatial twin platform's existing investors, Yttrium, KOZO KEIKAKU ENGINEERING, and Cipio Partners, also took part in the funding. Founded in 2013 as a spinoff from the Technical University of Munich, NavVis specializes in creating photorealistic digital replicas of factories, plants, and buildings using wearable laser scanning technology that reportedly operates ten times quicker than conventional surveying techniques.

      The scale of their operations is impressive, with over one billion square meters of industrial space mapped onto the NavVis platform. More than 150,000 users, including teams in engineering, maintenance, and construction, utilize this data on a daily basis. The company boasts a prominent customer roster that includes well-known manufacturers such as BMW, Volkswagen, Toyota, Mercedes-Benz, ExxonMobil, BASF, Henkel, Bosch, and Siemens. NavVis collaborates with Nvidia, SAP, and Autodesk and has a presence in over 50 countries, serving more than 1,500 clients.

      The recent investment will be directed toward developing next-generation capture hardware, enhancing their AI capabilities, and creating an open platform for what NavVis refers to as the “physical AI ecosystem.” CTO Georg Schroth highlighted a common industry issue: teams have historically relied on drawings that are often untrustworthy. NavVis aims to replace those with a constantly updated spatial record that acts as the authoritative source for every team, tool, and AI application. The concept of digital twins is gaining traction across various sectors, and NavVis is positioned within industrial operations, where the stakes and data complexities are particularly high.

      The company is also focusing on accelerating its growth in the US market, which has seen the fastest scaling in recent years. CEO Felix Reinshagen described NavVis’s goal as maintaining synchronization between physical and digital realities for the world's most valuable assets. Customers leverage NavVis data to minimize downtime in automotive assembly lines, expedite data center construction, shorten maintenance shutdowns at refineries, plan robotics deployments, and train industrial foundation models. The spatial data layer is becoming a fundamental requirement for industrial AI, and NavVis is setting itself up as a key player in developing it.