VoxelMaps - specializing in the development of high-precision HD maps for vehicles, autonomous vehicles, drones and smart cities. The company uses a special technology using voxel grids - MRVOGs (Multi-Resolution, Voxel Occupancy Grids). Startup aims to create a true 3D model of the earth (with 1 cm accuracy) with photographic & semantic details by combining spatial and time-related data.
What you get
Based on this technology, the company carries out for its customers cartographic surveys of the terrain using compact lidar complexes of its own design - SYMBOL, which combines the advantages of HD cameras, lidars and high-performance processors.
Data collection is carried out both from road transport and from air transport, as well as through portable mapping complexes. The solution also allows you to measure the coverage of the 5G network with reference to the location.
Terms of completing
ABOUT STARTUP IN FIGURES
Foundation year - 2017; Country of registration - USA, a Delaware corporation.; Number of employees - 47 people; Business model – fee per kilometer of shooting, depending on the functionality (from $ 400 to $ 1000 per kilometer). Revenue: 2019. - $12,14M, 2020. - $10,9M (COVID); Revenue forecast for 2021 - $19,5M; Market size - According to a report by Research and Markets, the market size for geographic information systems in 2020 was about $ 8.9 billion, and the annual market growth, according to Prescient & Strategic Intelligence, is about 12%. Previous investments - $1,8М loan from Navmii company.
TERMS OF DEAL Current round - series A, Convertible Note; Valuation - $150 - 200M, Equity Round. Round size - $ 33M; $ 500K quota for SVSY Club.
Meet on October 21st at:
✅ 08:00 AM PDT ✅ 11:00 AM New York ✅ 04:00 PM London ✅ 05:00 PM Amsterdam, Berlin, Rome, Stockholm, Vienna ✅ 06:00 PM Kiev, Helsinki, Athens,Tel Aviv, Johannesburg ✅ 06:00 PM Moscow, Istanbul, Minsk ✅ 07:00 PM Dubai ✅ 07:30 PM New Delhi ✅ 09:00 PM Nur Sultan ✅ 10:00 PM Jakarta ✅ 11:00 PM Singapore, Hong Kong, Kuala Lumpur ✅ 12:00 PM Tokyo, Seul ✅ 01:00 AM Sydney
To: Investing with Network VC Syndicate Fund in Voxelmaps