Geodnet - About the company
Geodnet is a seed company based in Singapore (Singapore), founded in 2021 by David Chen and Yudan Yi. It operates as a Network of reference stations providing precise positioning data for robotics. Geodnet has raised $15M in funding from Multicoin Capital and North Island Ventures. The company has 722 active competitors, including 60 funded and 35 that have exited. Its top competitors include companies like TomTom, Xona Space Systems and NextNav.
Company Details
Network of reference stations providing precise positioning data for robotics. These stations transmit correction signals to improve the accuracy of satellite navigation systems. Autonomous systems and mobile devices utilize this data to achieve centimeter-level localization in various environments. The infrastructure supports navigation for unmanned vehicles and automated machinery by integrating with onboard sensors.
- Website
- geodnet.com
- Social
- Email ID
- *****@geodnet.com
Key Metrics
Founded Year
2021
Location
Singapore, Singapore
Stage
Seed
Total Funding
$15M in 3 rounds
Latest Funding Round
Investors
Ranked
16th among 722 active competitors
Employee Count
21 as on Aug 31, 2026
Investment & Acquisitions
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Geodnet's funding and investors
Geodnet has raised a total funding of $15M over 3 rounds. Its first funding round was on Feb 29, 2024. Its latest funding round was a Seed round on Feb 25, 2025 for $*****. 3 investors participated in its latest round. Geodnet has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Geodnet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 25, 2025 | 3972441 | Seed | 9191329 | 6750298 | 6404406 | 4277730 |
Apr 16, 2024 | 4468848 | Seed | 5455029 | 1117282 | 8112481 | |
Feb 29, 2024 | 6486431 | Seed | 9634304 | 6152743 |
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Geodnet's founders and board of directors
Founder? Claim ProfileThe founders of Geodnet are David Chen and Yudan Yi.
Here are the details of Geodnet's key team members:
- David Chen: Co-Founder of Geodnet.
- Yudan Yi: Co-Founder of Geodnet.
View details of Geodnet's Founder profiles and Board Members
Geodnet's employee count trend
Geodnet has 21 employees as of Aug 26. Here is Geodnet's employee count trend over the years:
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Geodnet's Competitors and alternates
Top competitors of Geodnet include TomTom, Xona Space Systems and NextNav. Here is the list of Top 10 competitors of Geodnet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TomTom 1991, Amsterdam (Netherlands), Public | Provider of maps, navigation software, traffic data, and location technology | - | 73/100 | |
2nd | Xona Space Systems 2019, Burlingame (United States), Series C | Developer of positioning, navigation, and timing infrastructure for connected systems | $320M | 66/100 | |
3rd | NextNav 2008, Sunnyvale (United States), Public | Provider of an indoor positioning solution for enterprises | $284M | 65/100 | |
4th | Topcon Positioning 1932, United States, Unfunded | Manufacturer of precision positioning and construction equipment and related software | - | - | 64/100 |
5th | Provider of real-time location systems for industrial automation and operations | $130M | 63/100 | ||
6th | Focal Point Positioning 2015, Cambridge (United Kingdom), Series C | Provider of AI-based software to increase the accuracy of GNSS in devices | $69.2M | 62/100 | |
7th | Point One Navigation 2016, San Francisco (United States), Series C | Provider of precision location technology, including RTK network and positioning engine | $72.5M | 62/100 | |
8th | What3words 2013, London (United Kingdom), Series C | Developer of a system assigning unique identifiers to small areas | $231M | 61/100 | |
9th | Fixposition 2017, Schlieren (Switzerland), Seed | Provider of positioning services for multiple applications | $9.35M | 59/100 | |
10th | Swift Navigation 2012, San Francisco (United States), Series E | Provider of precise positioning solutions for automotive, mobile, and mass markets | $250M | 59/100 | |
16th | Network of reference stations providing precise positioning data for robotics | $15M | 55/100 |
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Geodnet's Investments and acquisitions
Geodnet has a total of 1 investment in ROVR. Geodnet has not made any acquisitions as of now.Reports related to Geodnet
Here is the latest report on Geodnet's sector:
News related to Geodnet
Filter this listMedia has covered Geodnet for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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DroneDash and GEODNET Launch GEODASH for AI-Precision Agriculture DronesWorld Business Outlook•Apr 15, 2026•Geodnet, Dronedash
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Quectel and GEODNET Partner for High-Precision PositioningFinancial Post•May 22, 2025•Geodnet, Quectel
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COTD: Singapore startup funding sinks 91.87% MoM in FebruaryMSN•Mar 19, 2025•Finmo, StakeStone, Geodnet, Onetab and 3 others
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Multicoin Leads $8M Investment in GPS Alternative GeodnetCoinDesk•Feb 25, 2025•Multicoin Capital, Geodnet
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Burro and GEODNET Partner to Enhance Agricultural Robotics with Advanced RTK GPS TechnologyBusiness Wire•Dec 18, 2024•Burro, Geodnet
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Burro Partners With AdeptAg to Leverage Autonomous Roboticsigrownews.com•Dec 16, 2024•Burro, AdeptAg, Geodnet
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The GEODNET Foundation Introduces GEO-PULSE: The World’s Most Accurate Car GPS Navigation DeviceBusiness Wire•Nov 20, 2024•Geodnet
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