University of Western Australia-founded automated navigation business Advanced Navigation will look to win custom in the US and Europe for its products, which operate in areas unreachable by GPS.
Advanced Navigation, an Australia-based automated navigation business exploiting University of Western Australia (UWA) technology, has raised A$20m ($13.6m) from investors including Main Sequence Ventures, the VC firm established by government-owned research institute Csiro, the Australian Financial Review reported today.
In-Q-Tel, the US intelligence community’s strategic venturing unit, also took part in the round along with construction tech-focused VC firm Brick and Mortar Ventures.
Founded in 2010, Advanced Navigation develops artificial intelligence-driven navigation systems for applications such as underwater…
