In June 2017, Swift Navigation raised a $34 million Series B financing round led by Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), with participation from existing investors Eclipse and First Round Capital. Series-A financing included NEA, Eclipse, First Round Capital, Felicis Ventures, Fall Line Capital, Qualcomm Ventures and Lemnos Labs. To date, the company has raised a total of $47.6 million in funding.
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New Enterprise Associates
NEA is a global venture firm. With more than $18 billion in investments, NEA ranks as the world’s largest venture firm.
Lior Susan, formerly with Formation8, and Pierre Lamond, long-time semiconductor industry veteran, formed Eclipse in 2015 and invest in hardware-focused companies
First Round Capital
First Round Capital is a San Francisco-based seed-stage venture firm focused on building a vibrant community of technology entrepreneurs and companies.
Fall Line Capital
Reinventing investment in broadacre farmland and agricultural technologies, Fall Line Capital’s focus is realizing untapped productivity in farmland.
Felicis Ventures is a boutique venture fund that backs the world’s iconic companies of today and tomorrow, focusing on five key areas—mobile, e-commerce, enterprise, education and health.
Lemnos wants to be the first investor in a hardware startup, providing capital and hands-on expertise and blending the best elements of a seed-stage firm and incubator.
Promus Ventures invests in early-stage software companies that are changing the world.
Qualcomm Ventures is the investment arm of Qualcomm Inc. (NASDAQ: QCOM), a Fortune 500 company with operations across the globe. Swift was the winner of the 2014 QPrize™—Qualcomm Ventures’ seed investment competition.
Vegas Tech Fund
Vegas Tech Fund is a seed-stage investment fund focused on investing in founders and startups solving huge problems.