Humatics Raises $28 Million in Series A1 Financing to Meet Growing Demand for Microlocation

By Nate Stell on January 7, 2019
  • Led by Tenfore Holdings, oversubscribed round brings the company’s total financing to more than $50 Million
  • Expands operational capacity to target beachhead markets in manufacturing, warehousing, and commercial ports
  • Growth includes opening of state-of-the-art HQ in Waltham, Massachusetts

WALTHAM, MASSACHUSETTS – January 7, 2019 – Humatics Corporation, the pioneer in microlocation products and software, has raised $28 Million in a Series A1 financing. Tenfore Holdings, an investment management firm that provides operational value-added resources to growth-stage companies, led the round. Blackhorn Ventures and JCI Ventures (the corporate venture arm of Johnson Controls) also participated in the round, as did all major investors from the company’s prior Series A financing including Fontinalis Partners, Airbus Ventures, Lockheed Martin Ventures, and Presidio Ventures (the U.S. investment arm of Sumitomo), with Silicon Valley Bank providing a debt facility as part of the Series A1 financing. The Series A1 is the culmination of Humatics’ acquisition of 5D Robotics and Time Domain Corporation in 2018, properly capitalizing the combined company to meet strong industrial demand for its microlocation products and software — a Spatial Intelligence Platform™ that precisely positions machines, people, and things in complex environments.

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Topics: Financing, Press Release

Humatics Announces Commercial Launch of Spatial Intelligence Platform™ at IMTS 2018

By Nate Stell on September 11, 2018

The platform’s KinetIQ™ microlocation sensors and software bring unprecedented precision and robustness to a wide array of industrial applications

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Topics: Press Release

Humatics & Hangar Partner to Deliver Precision Autonomous Drone Navigation

By Nate Stell on May 24, 2018

Microlocation services to support autonomous drones in Smart Cities and other challenging environments

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Topics: Partnerships, Press Release

Humatics Expands Executive Team to Support Vision of Factories, Roadway, and Cities Transformed by Microlocation

By Nate Stell on April 10, 2018

Appointments will accelerate the development and commercialization of the company’s breakthrough radio-frequency positioning solutions with applications in industrial automation, next-generation construction, autonomous vehicles, and smart cities

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Topics: Press Release

Humatics Accelerates Microlocation Innovation with Acquisition of 5D Robotics and Time Domain

By Nate Stell on February 27, 2018

Millimeter- and centimeter-scale microlocation sensors and software will revolutionize industrial automation, next-generation construction, autonomous vehicles and smart cities

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Topics: Acquisition, Press Release

Humatics Corporation Raises $18 Million Series A Financing Led By Fontinalis Partners

By Nate Stell on September 19, 2017

Breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate

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Topics: Financing, Press Release