Zephr, A GPS Startup, Raises $3.5 Million in Seed Funding
GPS startup Zephr brought $3.5 million up in a seed round drove by Space Capital and First Flash Endeavors, the organization declared Tuesday. Zephr is attempting to make an organized GPS answer for upgrade GPS exactness for cell phones.
The organization says it is tackling for a hole in GPS innovation, where client GPS utilized in cell phones, wearables, and so on. has blunders, low exactness, and dependability issues. Zephr has made a patent-forthcoming programming that transforms cell phones into base stations, which create troupe blunder redresses.
The organization said these interconnected GNSS (worldwide route satellite framework) estimations across various gadgets can accomplish exactness of sub-60 cm for cell phones. This GPS expansion is programming based with no extra equipment or chipset required.
Better GPS exactness can further develop contributions in existing business sectors like conveyance/planned operations, rideshare, accident coverage, and horticulture, as well as arising fields, for example, independence expanded reality, and brilliant urban areas.
“GPS is an essential technology for so many services we now rely on, and yet it is plagued by inaccuracy. This poses many challenges for businesses and consumers, commented Zephr CEO Dr. Sean Gorman. “Improved accuracy in GPS can translate into millions of dollars in economic benefit, but for us, it’s about more than just money. A more accurate GPS system can also improve daily routines and personal safety, from preventing navigational errors to creating safer collision avoidance systems in vehicles and enabling more advanced search-and-rescue efforts.”