Focal Point Positioning Ltd.
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Focal Point Positioning Ltd. - overview
Established
2015
Location
Cambridge, England, UK
Primary Industry
Consumer Products
About
Based in the UK, Focal Point Positioning Ltd. specializes in advanced positioning technology, offering high-performance software solutions that enhance GNSS receiver accuracy and reliability for various industries. Focal Point Positioning Ltd. , founded in 2015 in Cambridge, UK, focuses on innovative positioning solutions.
The company was co-founded by Ramsey Faragher, who has a history of technology development in this space. Focal Point has engaged in 7 deals, with its most recent funding round, a Grant of EUR 85. 00 mn from the European Space Agency on January 5, 2023. To date, the company has raised a total of EUR 15.
00 mn. Focal Point Positioning specializes in high-performance positioning software, particularly through its proprietary S-GNSS® Auto software. This technology improves Global Navigation Satellite System (GNSS) receiver accuracy by utilizing advanced physics and machine learning to combat multipath interference, essential for automotive applications such as Advanced Driver Assistance Systems (ADAS) and autonomous vehicles (AVs). Their products serve various markets including automotive, cellular, wearables, and security, primarily targeting regions in North America, Europe, and Asia through partnerships with technology firms such as STMicroelectronics.
In the most recent year, 2021, Focal Point Positioning reported revenue of EUR 29,026. 30 and an EBITDA of EUR -4,480,670. 90. The company generates income via B2B agreements, focusing on licensing and direct sales of their S-GNSS® Auto software and Supercorrelation™ technology.
Following a recent funding round in January 2023, Focal Point Positioning plans to utilize the funds to develop next-generation GPS technologies specifically for use in General Motors' self-driving technologies. The company aims to expand its product lineup and enhance its presence in emerging markets. This strategic investment will support ongoing development efforts aimed at advancing their innovative positioning solutions within the automotive sector.
Current Investors
Cambridge Enterprise Ventures, Cambridge Angels Group, Parkwalk Advisors
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics
Website
www.focalpointpositioning.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Focal Point Positioning Ltd. - timeline of key events
Focal Point Positioning Ltd. - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|
| Revenue (USD) | 21,100 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (3,257,124) | - | - | - |
| Operating Income (USD) | (3,309,744) | - | - | - |
| Operating Margin | (15686.0%) | - | - | - |
| % EBITDA Margin | (15436.6%) | - | - | - |
| NET Income (USD) | (2,766,176) | - | - | - |
| % Net Margin | (13109.8%) | - | - | - |
Focal Point Positioning Ltd. - employee data
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