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Sheeva.AI has finalized a $9.25 million Series A funding round, led by investors Reynolds and Reynolds Company, with additional funding from Poppe + Potthoff Capital GmbH and Pegasus Tech Ventures. Sheeva.AI offers precise geolocation technology that allows drivers to pay for and receive such services...

Weekly Product News

Semtech Completes $1.2 Billion Sierra Wireless Acquisition Semtech SMTC 0.63%↑ and Sierra Wireless SWIR 0.00 have announced the completion of Semtech’s acquisition of Sierra Wireless for $1.2 billion in an all-cash transaction.  Semtech says the deal nearly doubles its annual revenue by adding $100 milion in...
Espoo, Finland-based Quuppa has partnered with Datalogic to offer the Joya Touch 22 shopping companion.  The Joya Touch 22 integrates the Quuppa Intelligent Locating System that is used in such industries as manufacturing and logistics, retail, healthcare, sports, law enforcement and security, the company said. The unit supports...
Company rolls out 3D Live Navigation, Mapbox for EV and makes a deal with Toyota Europe LAS VEGAS—Mapbox rolled out its Mapbox 3D Live Navigation at CES that seeks to improve a driver’s ability to understand their digital map in different scenarios.  3D...
Portland, Ore.-based PreAct Technologies has announced it has raised $14 million in Series B funding.  Led by I Squared Capital, the round also included funding from State Farm Ventures, Luminate, and Traylor Capital. “The bulk of the new funding will be used to enhance research and...
LAS VEGAS—HERE Technologies said, at CES 2023, it is working with Amazon Web Services (AWS) to deliver developers with improved performance for indoor/outdoor positioning capabilities to track and manage any number of internet-of-things (IoT) devices. AWS recently introduced the AWS IoT Core Device Location to...
UniMap allows customers to have unified maps that are refreshed in seconds LAS VEGAS—Saying that it enables rapid creation of digital maps and location products, HERE Technologies launched UniMap this week here at CES. UniMap provides up-to-date and unified map content for automated driving, logistics...
LAS VEGAS—Luminar LAZR 4.65%↑ founder and CEO Austin Russell announced at CES that his company has purchased HD mapping startup San Francisco-based Civil Maps to make it more than just a lidar company.  Financial details were not disclosed, but Russell said it was more than “eight...
Hexagon AB announced a partnership with Germany-based ZF Group that integrates its software positioning engine and GNSS correction services into mass-production advanced driver assistance systems (ADAS) and autonomous driving solutions. Hexagon's software positioning engine and correction services will be integrated into ZF's ProConnect platform. Hexagon...

Weekly Product News

Point One Navigation Launches ASIL Positioning Engine for Autonomous Vehicles Point One Navigation has announced that its FusionEngine software is now compatible with STMicroelectronics’ TeseoAPP GNSS Chipset.  The company says that the combined solution allows functional safety at ASIL-B, a requirement for Level 3+ advanced...
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