SK and Potentum Partners led a $100m Series D funding round in Swift Navigation.

SK, a company that is engaged in various industries including energy, chemicals, information technology and semiconductors, and Potentum Partners, a private equity investor, led a $100m Series D funding round in Swift Navigation, a developer of a global positioning system technology, with participation from New Enterprise Associates, Eclipse Ventures, EPIQ Capital, FM Capital, OVN Capital, TELUS Ventures, TWM Venture, Buckley Ventures and Schox Venture Capital. “We have an amazing group of investors behind us and are honored to see the many customers who are using Swift technology at such incredible scale as they build the future of transportation and automation. Thank you to our loyal partners and investors at NEA, Eclipse and EPIQ and we welcome the support of our new investors to help us deliver precise positioning across the world," Timothy Harris, Swift CEO.