Civitanavi Systems

Pedaso, Italy Founded: 2012 • Age: 14 yrs Acquired By Honeywell
Inertial navigation products including gyroscopes and IMUs are developed.
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About Civitanavi Systems

Civitanavi Systems is a company based in Pedaso (Italy) founded in 2012 by Andrea Pizzarulli and Michael Perlmutter was acquired by Honeywell in July 2024.. Civitanavi Systems has raised $2.67 million across 4 funding rounds from investors including Honeywell, European Union and Fondazione Marche. Civitanavi Systems offers products and services including Petra, Krio, MIMU-M, CFI-100IC, and CFI-200. Civitanavi Systems operates in a competitive market with competitors including Tdk Electronic Components, InvenSense, Advanced Navigation, mCube and Xsens, among others.

  • Headquarter Pedaso, Italy
  • Founders Andrea Pizzarulli, Michael Perlmutter
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.67 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.4 M (USD), Seed

    Dec 28, 2016

  • Investors
    Honeywell

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Honeywell

    (Jul 02, 2024)

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Products & Services of Civitanavi Systems

Civitanavi Systems offers a comprehensive portfolio of products and services, including Petra, Krio, MIMU-M, CFI-100IC, and CFI-200. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides navigation for industrial and automotive applications.

Offers stabilization for aerospace and defense sectors.

Delivers sensor fusion for marine and land navigation.

Supports guidance in industrial environments.

Enables geo-reference for aerospace applications.

People of Civitanavi Systems
Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Andrea Pizzarulli
CEO & Co-Founder
People
Alan E. Kaile
VP, Business Development Aerospace & Defence
People
Massimo Verola
Director, Engineering
People
Steve Toghill
Business Development Manager

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Funding Insights of Civitanavi Systems

Civitanavi Systems has successfully raised a total of $2.67M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Seed — $2.4M
  • First Round

    (18 Dec 2012)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Seed - Civitanavi Systems Valuation

investors

Sep, 2016 Amount Grant - Civitanavi Systems Valuation

investors

Jun, 2015 Amount Grant - Civitanavi Systems Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Civitanavi Systems

Civitanavi Systems has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Honeywell, European Union and Fondazione Marche. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Support is provided for entrepreneurship and regional development in Marche.
Founded Year Domain Location
Diversified electronics and automation equipment are manufactured and supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Civitanavi Systems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Civitanavi Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Civitanavi Systems Comparisons

Employees
+
Add Comparison
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Competitors of Civitanavi Systems

Civitanavi Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tdk Electronic Components, InvenSense, Advanced Navigation, mCube and Xsens, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Manufacturer of electronic components and materials. This company develops and produces a wide array of electronic components, including magnetic products, capacitors, resistors, and sensors. These components are used in various applications across diverse industries, such as automotive, industrial, and consumer electronics. The company also offers related technologies and solutions. Its operations encompass research and development, manufacturing, and sales.
domain founded_year HQ Location
MotionTracking sensor system on chips with integrated motion and sound solutions
domain founded_year HQ Location
Developer of AI and cloud-based inertial sensor systems for navigation
domain founded_year HQ Location
Delivers comprehensive MEMS motion sensor solutions for smart and wearable devices.
domain founded_year HQ Location
3D motion tracking products
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Civitanavi Systems

Frequently Asked Questions about Civitanavi Systems

When was Civitanavi Systems founded?

Civitanavi Systems was founded in 2012.

Where is Civitanavi Systems located?

Civitanavi Systems is headquartered in Pedaso, Italy. It is registered at Pedaso, Marche, Italy.

Who is the current CEO of Civitanavi Systems?

Andrea Pizzarulli is the current CEO of Civitanavi Systems. They have also founded this company.

Is Civitanavi Systems a funded company?

Civitanavi Systems is a funded company, having raised a total of $2.67M across 4 funding rounds to date. The company's 1st funding round was a Grant of $54.6K, raised on Dec 18, 2012.

What does Civitanavi Systems do?

Civitanavi Systems was founded in 2012 in Pedaso, Italy, where focus is placed on inertial navigation technologies for industrial and defense applications. Proprietary fiber-optic gyroscopes, inertial sensor fusion algorithms, and MEMS systems are produced. Integration of these sensors with additional MEMS components occurs to create fused inertial measurement units (IMUs). Such systems support movement tracking across land, sea, and air environments.

Who are the top competitors of Civitanavi Systems?

Civitanavi Systems's top competitors include InvenSense, Tdk Electronic Components and Advanced Navigation.

What products or services does Civitanavi Systems offer?

Civitanavi Systems offers Petra, Krio, MIMU-M, CFI-100IC, and CFI-200.

Who are Civitanavi Systems's investors?

Civitanavi Systems has 3 investors. Key investors include Honeywell, European Union, and Fondazione Marche.

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