The round was led by Khosla Ventures, with participation from existing investors including IA Ventures, UP Partners and Alumni Ventures. The capital will support further infrastructure expansion, software innovation, and OEM integration, alongside team growth in R&D, engineering, customer success, and international operations.

Point One Navigation delivers the world's most precise, reliable, and scalable location platform. Its Unified Location Platform - combining the Polaris RTK Network, Location Cloud, and Positioning Engine - provides centimeter-level accuracy for vehicles, robots, wearables, and connected devices within its expanding global coverage areas.