When was Nestwave founded?

Nestwave was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is Nestwave located?

Nestwave is headquartered in Paris, France.

How many employees does Nestwave have?

As of Aug 31, 2026, the latest employee count at Nestwave is 6.

Is Nestwave a funded company?

Nestwave is a funded company, having raised a total of $5.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 02, 2019.

When was the latest funding round of Nestwave?

Nestwave's latest funding was a $***** Seed round on Apr 14, 2021, with participation from 3 investors. Its primary sector is Security & Surveillance Technology. In France, the Security & Surveillance Technology sector has seen $35.3M in funding in 2026 to date.

Where does Nestwave rank among its competitors?

Nestwave ranks 32nd amongst 771 active competitors, of which 67 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Aeron Systems, which secured $4.7M in Aug, 2026.

Who are the top competitors of Nestwave?

Nestwave's top competitors include TomTom, Xona Space Systems and Topcon Positioning. Among them, Aeron Systems secured the most recent funding round in August, 2026.

Nestwave - 2026 Company Profile, Team, Funding & Competitors

Q: Is Nestwave an acquired company?

Nestwave got acquired by NextNav on Oct 31, 2022.

Company Details

Nestwave is a Paris-based startup that has developed an ultra-low-power, global navigation satellite systems (GNSS) solution for use in IoT applications. The solution when integrated with an IoT modem such as NB-IoT, Cat M1, LoRa, or Sigfox, offers geolocation for applications such as asset tracking, smart factories, and smart cities, without the need for an external GNSS chip. The company claims that its solution reduces power by more than 10X, eliminates dedicated geo-positioning chips, and improves dense urban and indoor coverage.

Website: nestwave.com
Social
Phone Number: +33 **********

Key Metrics

Founded Year

2014

Location

Paris, France

Stage

Acquired

Total Funding

$5.1M in 2 rounds

Latest Funding Round

Seed, Apr 14, 2021, $*****

Investors

Europa & 3 more

Ranked

32^nd among 771 active competitors

Employee Count

6 as on Aug 31, 2026

Similar Companies

TomTom & 944 more

Exit Details

Acquired by NextNav (Oct 31, 2022)

View Nestwave's full profile

Nestwave got acquired by NextNav on Oct 31, 2022 at an acquisition amount of $*****.

Click here to take a look at Nestwave's acquisition in detail

Nestwave has raised a total funding of $5.1M over 2 rounds. Its first funding round was on Apr 02, 2019. Its latest funding round was a Seed round on Apr 14, 2021 for $*****. 3 investors participated in its latest round. Nestwave has 4 institutional investors.

Here is the list of recent funding rounds of Nestwave:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 14, 2021	6596222	Seed	6023573	5677221	6919679	3316785
Apr 02, 2019	6157493	Seed	4604267	9543154	The Faktory & 1 more	3890604

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View details of Nestwave's funding rounds and investors

The founders of Nestwave are Bogdan Franovici, Imad Fattouch and Rabih Chrabieh.

Here are the details of Nestwave's key team members:

Bogdan Franovici: Co-Founder of Nestwave.
Imad Fattouch: Co Founder of Nestwave.
Rabih Chrabieh: Co-Founder of Nestwave.
Contact Info: 1 email address

View details of Nestwave's Founder profiles and Board Members

Nestwave's employee count trend

Nestwave has 6 employees as of Aug 26. Here is Nestwave's employee count trend over the years:

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Top competitors of Nestwave include TomTom, Xona Space Systems and Topcon Positioning. Here is the list of Top 10 competitors of Nestwave, ranked by Tracxn score:

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	-	Aimforthemoon, Artiman & 2 others	73/100
2nd	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, MaC Venture Capital & 37 others	66/100
3rd	Topcon Positioning 1932, United States, Unfunded	Manufacturer of precision positioning and construction equipment and related software	-	-	64/100
4th	Kinexon 2012, Munich (Germany), Series A	Provider of real-time location systems for industrial automation and operations	$130M	Thomas H Lee Partners, Wessel Management ... & 21 others	63/100
5th	Focal Point Positioning 2015, Cambridge (United Kingdom), Series C	Provider of AI-based software to increase the accuracy of GNSS in devices	$69.2M	Molten Ventures, Cambridge Angels & 25 others	63/100
6th	Aeron Systems 2008, Pune (India), Series A	Manufacturer of inertial navigation systems and industrial internet of things solutions	$5.98M	Bharat Forge, Riverwalk Holdings & 8 others	62/100
7th	What3words 2013, London (United Kingdom), Series C	Developer of a system assigning unique identifiers to small areas	$231M	Mercedes-Benz, Brand Capital International ... & 210 others	61/100
8th	NextNav 2008, Sunnyvale (United States), Public	Provider of an indoor positioning solution for enterprises	$284M	Fortress, Oak Investment Partners & 8 others	60/100
9th	Fixposition 2017, Schlieren (Switzerland), Seed	Provider of positioning services for multiple applications	$9.35M	True Ventures, Cultivation Capital & 12 others	59/100
10th	Qianxun 2015, Shanghai (China), Series B	Provider of satellite-based positioning system solutions	$141M	Industrial And Commercial Bank Of China, SIG ... & 5 others	57/100
32nd	Nestwave 2014, Paris (France), Acquired	Developer of low power GPS for IoT applications	$5.1M	EIC Fund, ISource Gestion & 2 others	46/100