FocalPoint is a deeptech business with a growing IP and software portfolio.
Their proprietary technology applies advanced physics and machine learning to reduce costs and dramatically improve satellite-based location sensitivity, accuracy, and security in smartphones, wearables and vehicles.
Our £4mn investment came as part of a round co-led with existing investor Molten Ventures.
Molten and FocalPoint chose Gresham House Ventures to co-lead the round based on the strength of their relationships with the deal team and our reputation as a reliable value-add partner.
The investment will capitalise FocalPoint to expand its commercial activities and continue developing applications for its ground-breaking technology.