Navlive, which has developed a handheld scan tool with AI operated with AI, which has the opportunity to create a high precision construction site scans in real time, start today with 3.3 million GBP on seed financing.
The round was led by Deep Tech Investor Os with the participation of SOSV, Oxford Capital Partners, Clearance Venture Partners, AE Works, Britbots, Oxford Innovation Finance and a C. £ 700,000 scholarship from Innovate UK awarded last year.
The Navlive Handheld -Lidar scanner in combination with EDGE AI processing, which was developed by academics in robotics research at the University of Oxford, can scan all buildings and generate precise location drawings in real time.
The Navlive scanner helps architects, developers and construction companies to record detailed, precise construction site drawings with immediate 2D/3D building models, RICS grades 1: 100 surveys and direct scan-to-BIM integration. This eliminates the need for measurement of third -party providers and integrated into all leading architectural software.
The team has grown to 15 and works out of the offices in London and Oxford. CEO Chris Davison is an experienced entrepreneur who previously founded one of the largest challenge banks in Southeast Asia and brings extensive experience in Venture Capital and Company Scaling. CTO Dr. David Wisth did her doctorate in computer vision, slam, robotics and is a leading expert for 3D mapping and artificial intelligence, and COO and CFO Vikram Negi is an experienced financial manager with a strong success balance in the construction and scaling of companies across Europe and in Southeast Asia.
Navlive was used to a large extent in important construction projects of leading AEC companies, including Jacobs, Atkinsrealis and Mace. Navlive was also used for applications from nuclear and defense applications, including the British Atomic Energy Authority.
Chris Davison, CEO from Navlive, said: “For too long architects, engineers and construction professionals, with complex, slow, expensive and error-prone surveys. Our AI-driven scan solution provides real time, high found 2D and 3D scans that do not match any other product on the market.