Indoor Loc Vendor SenionLab Raised $1.8M in A-Round

Swedish indoor positioning start-up SenionLab announced a series A round of funding of $1.8 million (SEK 15 million) from SEB Venture Capital.

SenionLab is using Wi-Fi, its own Bluetooth beacons and motion sensors in smartphones to calculate a position with 1 to 5 meter accuracy.

SenionLab was launched in 2010 by six researchers from Linköping University (Sweden) with a core knowledge in signal processing and sensor fusion systems acquired by its founders in automotive and avionics.

The company claims more than 250 installations in 32 countries in multiple verticals, including shopping malls, hospitals, and airports. The company made its first deployments in Asia, working in close partnership with wireless operator Singtel.

Leave a Reply

Your email address will not be published. Required fields are marked *