Swift Navigation secures funding for its Skylark cm positioning service

Swift Navigation has completed another funding round to fuel its centimeter-level precision service. The Skylark Precise Positioning Service is a cloud-based service that corrects errors in GNSS signals, improving accuracy to centimeter level and enabling mass-market adoption of applications in autonomous driving, robotics, precision logistics, and V2X communication.

Skylark is a real-time, cloud-based service that meets ISO 26262:2018 functional safety standards for road vehicles. Unlike ASIL-certified positioning solutions that rely on costly physical data centers, Skylark operates entirely in the cloud.

Skylark powers more than 10 million ADAS-enabled and autonomous vehicles worldwide and supports global programs for 20+ automotive OEMs and Tier 1 suppliers, top robotics companies, and a large commercial fleet operator.

This latest financing reflects strong market demand for Swift’s approach to precise positioning. Unlike traditional precise positioning technologies, Skylark leverages advanced atmospheric modeling, cloud-based architecture and carrier-grade networks to deliver unmatched reliability, safety and cost efficiency at scale.

The $50 million Series E financing round was led by Crosslink Capital. The round saw strong participation from existing investors New Enterprise Associates (NEA), Eclipse Ventures, EPIQ Capital Group, First Round Capital, TELUS Global Ventures, and Potentum Partners alongside new investors Niterra Ventures, AlTi Tiedemann Global, GRIDS Capital, Essentia Ventures, Shea Ventures, and EnerTech Capital. This funding brings Swift Navigation’s total capital raised to over $250 million.