Nestwave

Paris, France Founded: 2014 • Age: 12 yrs Acquired By NextNav
Low-power GNSS solutions for IoT applications are developed.
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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. 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 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
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 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. 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
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
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 Nestwave

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 - Nestwave

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

Nestwave Comparisons

Employees
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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. 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
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.
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 Nestwave

Frequently Asked Questions about Nestwave

When was Nestwave founded?

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

Where is Nestwave located?

Nestwave is headquartered in Paris, France.

Who is the current CEO of Nestwave?

Ambroise Popper is the current CEO of Nestwave.

Is Nestwave a funded company?

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.

What does Nestwave do?

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.

Who are the top competitors of Nestwave?

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

What products or services does Nestwave offer?

Nestwave offers Pinnacle, 3D, and TerraPoiNT.

Who are Nestwave's investors?

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

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