Swift Raises $50M to Expand Precision Navigation for Vehicles and Robots

• Swift’s Skylark platform delivers cloud-based centimeter-level accuracy to over 10 million connected systems.
• The Series E round brings total funding to $250 million and aims to accelerate adoption across mobility and robotics.

Swift Navigation has raised $50 million in Series E financing to scale its Skylark Precise Positioning Service, a cloud-based platform that improves satellite navigation accuracy to the centimeter level. The funding round was led by Crosslink Capital and included participation from both new and existing investors.

Skylark is the only real-time, cloud-based service certified to meet ISO 26262:2018 safety standards for road vehicles. It avoids the need for costly physical infrastructure by operating entirely in the cloud. This allows it to deliver reliable, certified positioning at a lower cost than conventional systems.

"Swift Navigation has built a game-changing precise positioning solution, enabling autonomy and automation at scale," said Michael Stark, Managing Director and Founder of Crosslink Capital, in an official press release. "Their ability to deliver reliable, safety-certified, cloud-based positioning at a fraction of the cost of legacy solutions is unlocking new commercial opportunities across multiple industries. We are proud to partner with Swift as they expand their reach and impact globally."

With over 10 million ADAS-enabled and autonomous systems already utilizing Skylark, Swift plans to continue expansion in autonomy, robotics, and precision logistics. The investment will also support new partnerships and technology developments across these key application areas.

🌀 Tom’s Take:

By boosting GPS accuracy from meters to centimeters, Swift delivers the 100x leap in autonomy that robotics depends on. This is critical in environments where even small errors can cause big failures and precision isn’t optional.

Source: GlobeNewswire / Swift Navigation