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FocalPoint
Positioning solutions for GNSS-dependent devices
- 21-100 employees
- B2B
- Navigation
- Deep Tech
- SaaS
- Mobile
- Central Cambridge, Cambridge, UK
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Company mission
FocalPoint's mission is to improve every positioning solution on the planet by using revolutionary technologies to transform the capability of all GNSS systems worldwide.
19% employee growth in 12 months
Our take
FocalPoint was founded in 2015 with the intention of revolutionising GPS and GNSS by improving their accuracy. The credibility and experience of the company's team lends FocalPoint a clear edge; it consists of alumni of the UK aerospace industry, The European Space Agency, Cambridge, Oxford, UCL and Imperial College.
FocalPoint identified that satellite positioning is impeded by reflected, obscured and weak satellite signals, especially in built-up environments. This causes positioning and timing errors on GNSS-dependent devices, despite more and more day-to-day technologies using GNSS systems, such as ride-hailing apps. As such, FocalPoint's solutions have a near-limitless spectrum of applications. Its tech offers increased mapping accuracy on wearables mobiles and autonomous drones, positioning it well within other high growth markets.
The appointment of GPS expert Scott Pomerantz will undoubtedly drive the company forward towards global success as he brings 30 years of experience in positioning and semiconductors. His company Global Locate won the race to bring GPS to the mass consumer smartphone market, supplying the first GPS chips to companies including Apple and Samsung before being acquired by Broadcom for $250m in 2007.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Share Scheme
- Monthly staff socials
- Hybrid working approach
- Professional memberships & career development
- 25 days annual leave and bank holidays on top. Our Cambridge, Bristol and US hubs are closed over Christmas break
- 3x extra days holiday up to a maximum of 10 additional days, each year after 3 years
Company values
- Professional development and opportunity - Empower people to make decisions and grow professionally
- Be trailblazers - Our research, technology and products redefine the state of the art of positioning systems
- Engage and support - Create an environment where great work and collaboration take place
- Work with integrity - We are ethical, trustworthy, and rigorous in our commitment to fact, not hype
- Set the standards that others will follow - We strive to always be the best, we want to change the world for the better
Funding (last 2 of 4 rounds)
Sep 2022
$19.2m
SERIES C
Mar 2021
$7.7m
SERIES B
Total funding: $32.6m
This company has top investors
Leadership
Ramsey Faragher
(President, CTO & Executive Director)Attained a PhD in Radio Positioning Systems from Cambridge. Worked as a Principal Scientist for BAE Systems, and as a Senior Research Associate at Cambridge. Founded FocalPoint in 2015.