Chief Executive · Founder, Advanced Navigation
Stories naming Chris Shaw. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney navigation startup Advanced Navigation raised a large Series C led by Airtree Ventures, with Quadrant Private Equity and NRFC, to expand PNT technology globally.
Funding wrap: Advanced Navigation lands a $158m Series C for GPS-free navigation, legal AI platform MiAI Law launches with $2m, and Deftbiotech raises $1m pre-seed toward a fungal nail treatment.
A roundup of three raises: Advanced Navigation's $158 million Series C, legal AI platform MiAI Law's $2 million launch funding, and Deftbiotech's $1 million pre-seed for a fungal nail treatment.
Navigation technology firm Advanced Navigation has banked a $158 million Series C, with Airtree leading and Quadrant plus the NRFC taking part, funding global expansion and Australian manufacturing scale-up.
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Advanced Navigation trialled technology that tracks commuters' phones inside underground stations at Castle Hill in Sydney, aiming to help people with vision impairment navigate transport interchanges where GPS performs poorly.
Five Australian space companies receive federal grants under the Moon to Mars program, totalling $3.6 million, for projects including navigation systems and radioisotope heaters; Gilmour Space says launch approval delays cost it $20 million.
Five grants under a Moon to Mars supply chain program, worth $3.6 million combined, have gone to recipients including Advanced Navigation, which will develop a high-shock navigation system with Gilmour Space Technologies.
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OIF Ventures' 2024 review: two portfolio companies acquired, a talent-leadership hire, its fourth fund deploying, new investments in eight named startups and nine follow-on rounds.
Podcast interview in which Advanced Navigation co-founder Xavier Orr discusses the company's new Botany factory, lunar landing sensors, a reported billion-dollar Series B valuation, and hiring in a tight skills market.
Advanced Navigation opened a machine learning-enabled robotics manufacturing facility at UTS Tech Lab in Sydney, aiming to scale production of GPS-denied navigation systems and deepen its research partnership with UTS.
OIF Ventures' newsletter announces leading Nullify's pre-seed round, two investment team hires, portfolio company awards and product launches, and Go1's acquisition of Anders Pink.
US giant KKR joined navigation-technology maker Advanced Navigation's $108 million Series B, alongside returning local backers; the company also bought ANU spin-out Vai Photonics, and two KKR staff will join its board.
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Robotics firm Advanced Navigation, backed by publisher OIF, is buying ANU spin-out Vai Photonics in an all-scrip deal of up to $40m; Vai's navigation tech is in talks with NASA.
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Advanced Navigation, with Malcolm Turnbull on its board, is seeking $80-135 million; the piece recalls its 2019 $20 million Series A and Minderoo's strategic investment.
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Deep tech firm Advanced Navigation, based in Sydney, has secured $20m from CSIRO's venture arm Main Sequence plus two US funds; two investors take board seats. OIF backed it earlier.