Nestwave

Paris, France Founded: 2014 • Age: 12 yrs Acquired By NextNav
Low-power GNSS solutions for IoT applications are developed.
Annual revenue - Latest available
Total funding $5.1M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Nestwave

Nestwave is a company based in Paris (France) founded in 2014 by Bogdan Franovici was acquired by NextNav in October 2022. Nestwave has raised $5.1 million across 2 funding rounds from investors including NextNav, European Union and The Faktory. Nestwave offers products and services including Pinnacle, 3D, and TerraPoiNT. Nestwave operates in a competitive market with competitors including NextNav, Humatics, Kinexon, Inertial Labs and Novelda, among others.

  • Headquarter Paris, France
  • Founders Bogdan Franovici
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Geospatial, Imaging & Sensing Technology
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.86 M (USD), Seed

    Apr 14, 2021

  • Investors
    NextNav

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    NextNav

    (Oct 31, 2022)

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Products & Services of Nestwave

Nestwave offers a comprehensive portfolio of products and services, including Pinnacle, 3D, and TerraPoiNT.

Primary

Provides accurate vertical location for 3D positioning applications.

Enables 3D location visualization for urban and indoor environments.

Delivers resilient PNT for 3D and indoor geolocation needs.

People of Nestwave

Headcount 10-50
Employee Profiles 5
Board Members and Advisors 1
Employee Profiles
People
Rabih Chrabieh
Cofounder & CTO
People
Sébastien Aubert
Research Engineer - PhD
People
ETHAN F. BACARD
Senior GNSS Engineer
People
Youssef GUIRAT
R&D Firmware Engineer

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Funding Insights of Nestwave

Nestwave has successfully raised a total of $5.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.86 million completed in April 2021. 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 2
  • Last Round Seed — $2.9M
  • First Round

    (02 Apr 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Seed - Nestwave Valuation European Union
Apr, 2019 Amount Seed - Nestwave Valuation The Faktory , ISource Gestion

Investors in Nestwave

Nestwave has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include NextNav, European Union and The Faktory.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investment fund focused on disruptive tech startups.
Founded Year Domain Location
Tech investments are managed by I Source VC for startups.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location

Investments & Acquisitions by Nestwave

Investments

Financial Statements - Nestwave

Nestwave Comparisons

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Competitors of Nestwave

Nestwave 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 NextNav, Humatics, Kinexon, Inertial Labs and Novelda, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Indoor positioning solutions for enterprises are provided.
domain founded_year HQ Location
Control systems for collaborative robots in human environments are developed.
domain founded_year HQ Location
Location and motion analytics are tracked via sensor-based platform.
domain founded_year HQ Location
Inertial navigation systems are supplied for positioning and tracking solutions.
domain founded_year HQ Location
Human presence detection sensors are provided through materials for applications.

Latest news on Nestwave

Frequently Asked Questions about Nestwave

Nestwave was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Nestwave is headquartered in Paris, France.

Ambroise Popper is the current CEO of Nestwave.

Nestwave is a funded company, having raised a total of $5.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.24M, raised on Apr 02, 2019.

Nestwave was founded in 2014 in Paris, France, within the IoT and satellite navigation sector. An ultra-low-power GNSS technology is provided for integration with modems like NB-IoT, Cat M1, LoRa, or Sigfox. Geolocation capabilities are enabled for uses such as asset tracking, smart factories, and smart cities, without requiring separate GNSS chips. Power usage is lowered by over 10 times, while urban and indoor coverage is enhanced.

Nestwave's top competitors include NextNav, Humatics and Inertial Labs.

Nestwave offers Pinnacle, 3D, and TerraPoiNT.

Nestwave has 4 investors. Key investors include NextNav, European Union, The Faktory, and I Source VC.

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