UNL, a Singapore-based startup offering micro-location and mapping expertise, has introduced a US$4.5 million pre-Collection A increase.
The spherical was led by present shareholder HERE Applied sciences, a location platform for navigation and mapping owned by the consortium of German carmakers Audi, BMW and Daimler.
Different contributors are returning buyers, together with Singapore-based deep-tech backers Elev8.vc, SGInnovate, and Venturerock.
Fernando Herrera, founding father of European cloud service supplier Nordcloud, additionally co-invested.
UNL will use the proceeds to broaden operations in Southeast Asia, the Center East and Africa. In these markets, the corporate might be specializing in fixing challenges in last-mile and logistics, beginning with bringing accuracy and precision to addressing, geocoding and dynamic routing.
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This deal comes over a 12 months after UNL secured a US$2 million funding in 2020.
Based in 2018, UNL provides a library of plug-and-play geospatial options to assist companies construct scalable, hyper-local providers and functions — from e-commerce to last-mile and good metropolis options.
To simplify, UNL pixelises the bodily world right into a multi-resolution good grid to offer any location a digital and verifiable deal with — UNL geoID — just like an IP deal with. UNL geoIDs uniquely map out and deal with areas with as much as 1×1 cm2 precision, protecting outside, indoor and elevation.
This answer will be plugged into any step of the availability chain, supporting the better motion of products and from provider to vendor to end-user, offering purchasers with supply and navigation inside massive buildings.
As well as, by giving a novel digital deal with (UNL geoID) to each geolocation, UNL permits direct interplay with bodily areas and precisely hyperlinks information to areas to contextually characterize real-world conditions and occasions.
“[UNL] can resolve a number of the greatest hyperlocal challenges that conventional mapping hasn’t been ready to take action far — beginning with accuracy and precision in mapping, addressing, real-time routing and self-healing maps,” stated Founder and CEO Xander van der Heijden.
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UNL plans to launch a cloud-based visible editor within the quick time period, the place firms can create their very own customized digital personal maps and handle micro-services and factors of curiosity (POI) information with none coding. These real-time updates will be related to a enterprise’ present functions equivalent to driver apps, order and fleet administration programs.
Shortly, ready-to-use functions might be made out there within the UNL MAppStore.
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Picture Credit score: UNL
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