Fixposition raises USD 5.95m in an extension of its seed financing round

Niederer Kraft Frey advised Fixposition AG in connection with its latest financing round. The USD 5.95 million seed extension round included investments from Cultivation Capital, G&M Capital, Hasler Stiftung, MiraclePlus, Momenta and True Ventures.

Fixposition is on a mission to simplify autonomous navigation by increasing the reliability and availability of precise positioning. The company develops deep sensor fusion technology fusing RTK-GNSS, IMU, and computer vision data to ensure highly reliable centimeter-accurate positioning in all environments, even where other systems fail.

The NKF team was led by Corporate partner Patrik Peyer, working with associate Alexander Göbel (Corporate).

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