NavVis closed a $35.5 million Series C funding round led by Digital+ Partners, with additional participation from new investor Kozo Keikaku Engineering Inc., and existing investors MIG, Target Partners, and BayBG.
NavVis aims to grow its platform into a digital twin ecosystem that powers third-party applications including IoT, AR, and VR. The NavVis developer API and mobile SDK are currently used by enterprise tech powerhouses SAP and Autodesk.
The company plans to use the new funds to accelerate international growth and product development efforts.