Announced
Completed
Financials
Tags
United States
Minority
electronic equipment
Completed
Electrical Components
Cross Border
Venture Capital
Private Equity
Friendly
Private
navigational software
Acquisition
Synopsis
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.
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