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Nestwave logo — A NextNav Company

Nestwave

A NextNav Company

Founded 2014 France France 9 employees Seed Total: $6.86M IT

General Information

Company Name Nestwave
Founded Year 2014
Location France France
Employees 9
Industries IT
Funding Stage Seed
Social

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About Nestwave

Nestwave is a France-based startup founded in 2014 and recently received a significant £350.00K investment in a Seed Round from Deeptech Labs in May 5, 2022. Describing themselves as "A NextNav Company," Nestwave's core focus is on advancing the proliferation of IoT geolocation by offering highly efficient and compact solutions that eliminate the need for traditional GPS/GNSS chipsets, resulting in minimized bill of materials, extended battery life, and accelerated time-to-market for accurate indoor and outdoor positioning and tracking applications. Nestwave's technology is equipped to integrate with existing DSPs and modems seamlessly, leveraging cloud-assisted implementation to minimize power consumption. This innovative approach not only significantly enhances existing positioning and tracking applications but also enables geolocation integration in previously restricted applications due to power and size limitations. Moreover, Nestwave's solutions contribute to environmental sustainability and reduced carbon footprints through lower power consumption and the use of fewer components. The company emphasizes its move to NextNav's LinkedIn page on March 1st, 2023, encouraging followers to stay updated on their progress.

Taxonomy: IoT geolocation, GNSS technology, 5G technology, WiFi location, DSP integration, Cloud services, Power consumption optimization, Reduced BoM, Indoor positioning, Outdoor tracking, Environmental sustainability, Carbon footprint reduction, Geolocation integration, Tech innovation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round £350.00K 1
Deeptech Labs
Deeptech Labs
05 May 2022
Venture Round €2.40M 3
European Innovation Council Sofimac Innovation The Faktory Fund
European Innovation Council, Sofimac Innovation +1
14 Apr 2021
Grant €2.11M 1
European Innovation Council
European Innovation Council
08 Jan 2020
Venture Round €2.00M 2
Sofimac Innovation The Faktory Fund
Sofimac Innovation, The Faktory Fund
02 Apr 2019

Nestwave Alternatives & Competitors

View All Alternatives
Nestwave vs
Spotsie
Spotsie Croatia (hrvatska)

Tailor-made IoT positioning solution digitizing Industry 4.0.

Seed
8 employees
Analytics, Hardware
Nestwave vs
Purple
Purple United Kingdom

Purple provides the industry’s most comprehensive, flexible, and proven indoor location services pla...

Venture round
182 employees
Analytics, Big Data
Nestwave vs
Emme Controls
Emme Controls United States

Emme gives you the power to optimize your environment for ultimate comfort and productivity.

Series A
4 employees
Energy, IT
View all alternatives

FAQ About Nestwave

A NextNav Company
Nestwave was founded in 2014.
Nestwave is headquartered in France.
Nestwave operates in IT. Its work centres on IoT geolocation, GNSS technology, 5G technology and WiFi location.
Nestwave has approximately 9 employees.
Nestwave has completed 4 funding rounds, raising a total of $6.86M. The latest funding stage is Seed.
Top alternatives and competitors to Nestwave include Spotsie, Purple, Emme Controls, CarbonSifr, Limelight Steel. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nestwave and Spotsie are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nestwave, https://bouncewatch.com/company/nestwave, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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