NavVis, a Munich-based spatial twin platform for the built world, has raised a €73.7 million ($85 million) Series D round to build its massive spatial data engine and accelerate the AI product roadmap.
The round was led by US private equity firm The Jordan Company, with participation from existing shareholders Yttrium (together with a consortium of industrial family offices), KOZO KEIKAKU ENGINEERING (KKE) and Cipio Partners.
Dr. Felix Reinshagen, co-founder and CEO of NavVis, said, “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 meters of spatial data of their most mission-critical infrastructure.
“We have raised this round to do even more: More scalability, more intelligence and ultimately more productivity for the underlaying 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.”
Founded in 2013 by Reinshagen, Georg Schroth, Robert Huitl and Sebastian Hilsenbeck, as a spin-off from the Technical University of Munich (TUM). The company states that it supplies fast, reliable spatial data to service providers and enterprises seeking to capture photorealistic digital twins of the built environment.
Currently, the company combines 10x faster, survey-grade mobile reality capture (NavVis VLX and NavVis MLX) with an enterprise spatial twin platform (NavVis IVION) that turns captured data into shared, trusted, always-current digital reality.
The company’s NavVis LX-Series consists of NavVis MLX, NavVis VLX 2 and NavVis VLX 3 wearable and handheld laser scanning systems. It claims that its 3D laser scanning technology offers a comprehensive solution for capturing detailed, survey-grade data in a variety of environments both indoors and outdoors. The NavVis LX-Series wearable and handheld laser scanning systems use simultaneous Localisation and mapping (SLAM) technology.
“SLAM is a broad term for a technological process, developed in the 1980s, that enabled robots to navigate autonomously through new environments without a map. This foundational technology has paved the way for advancements in mobile mapping, revolutionising how we implement SLAM in various applications,” NavVis explained.
NavVis states that it combines survey-grade reality capture 10x faster than traditional methods with NavVis IVION, a collaborative enterprise cloud platform that turns spatial data into shared, trusted, always-current spatial twins.
NavVis co-Founder and CTO Dr. Georg Schroth said, “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 us further: next-generation capture, a deeper intelligence layer, and an open platform for the physical AI ecosystem.”
The company reported that more than a billion square meters of the world’s most complex industrial plants, construction sites, and buildings have been added to the NavVis platform in 2025. This reduces rework and downtime, and forms the foundation for automation, analytics, and AI-driven decision-making at scale.
It also highlighted that over 150k users in engineering, maintenance and construction teams rely on NavVis data and systems for reducing downtime of automotive assembly lines, accelerating data-centre construction or shortening maintenance shutdowns of refineries. Other customers use NavVis data for planning robotics roll-outs or for the training of industrial foundational models.
Over 1,500 customers in more than 50 countries use NavVis’ spatial data solutions. Notable clients include BMW, Volkswagen, Toyota, Mercedes-Benz, ExxonMobil, BASF, Henkel, Bosch, KION, and Siemens. The company also maintains strong partnerships with leading technology players such as SAP, NVIDIA and Autodesk.
In 2020, the company secured €20 million from the European Investment Bank (EIB). In December 2018, NavVis announced its €31 million Series C funding round led by Digital+ Partners.