Zero Point Motion has successfully raised £4 million in a pre-Series A funding round to accelerate the development of its innovative positioning and navigation sensor technology, which integrates silicon photonics and MEMS to deliver unprecedented performance in GPS-challenged environments.
Information on the Target
Zero Point Motion, a Bristol-based startup specializing in sensor technology, has successfully completed a £4 million pre-Series A funding round aimed at revolutionizing positioning and navigation solutions. Backed by prominent investors including SCVC, Foresight Group, and Verve Ventures, the company continues to work closely with its seed round investor, u-blox AG, who remains a vital strategic partner and customer.
This funding is pivotal as Zero Point Motion emerges from stealth mode, enhancing its team and scaling operations to implement a robust, manufacturable process for its advanced sensors. Central to this innovation is a groundbreaking combination of silicon photonics and micro-electro-mechanical systems (MEMS), which is inspired by principles of gravitational wave detection recognized with a Nobel Prize. This pioneering approach promises ultra-sensitive, low-cost, and highly miniaturized inertial sensors capable of performing exceptionally in GPS-deprived environments.
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Industry Overview
The sensor technology sector is experiencing rapid growth, particularly in countries where there is a high demand for precision navigation capabilities. The UK's sensor market is evolving due to increasing applications
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SCVC, Foresight Group, Verve Ventures
invested in
Zero Point Motion
in 2023
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $5M