Nestwave

Nestwave is a France-based startup founded in 2014 and recently received a significant £350.00K investment in a Seed Round from Deeptech Labs in May 5, 2022. Describing themselves as "A NextNav Company," Nestwave's core focus is on advancing the proliferation of IoT geolocation by offering highly efficient and compact solutions that eliminate the need for traditional GPS/GNSS chipsets, resulting in minimized bill of materials, extended battery life, and accelerated time-to-market for accurate indoor and outdoor positioning and tracking applications. Nestwave's technology is equipped to integrate with existing DSPs and modems seamlessly, leveraging cloud-assisted implementation to minimize power consumption. This innovative approach not only significantly enhances existing positioning and tracking applications but also enables geolocation integration in previously restricted applications due to power and size limitations. Moreover, Nestwave's solutions contribute to environmental sustainability and reduced carbon footprints through lower power consumption and the use of fewer components. The company emphasizes its move to NextNav's LinkedIn page on March 1st, 2023, encouraging followers to stay updated on their progress.