Munich-based NavVis has raised $120 million to build its massive spatial data engine and accelerate the AI product roadmap.

The investment round was led by US private equity firm The Jordan Company and existing shareholders Yttrium, KOZO KEIKAKU ENGINEERING and Cipio Partners.

The company claims that more than 150,000 users in engineering, maintenance and construction teams across 50 countries rely on data produced by its systems, and that more than a billion square metres were scanned, processed and distributed in 2025 alone.

NavVis says it plans to invest the funds raised into the next generation of technology and infrastructure required to scale spatial data turnover by another order of magnitude.

This includes the AI layer required to “make spatial data semantic, actionable and accessible” for millions of operators, “as well as to the robots and agents that will bring physical AI into construction and industry”.

“Our mission is to keep the physical and digital reality synchronised for the world’s most valuable assets,” said NavVis co-founder and CEO, Dr Felix Reinshagen.

“Our customers are the most demanding operators on Earth. And they are trusting us with billions of square metres of spatial data of their most mission critical infrastructure.

“We have raised this round to do even more: More scalability, more intelligence and ultimately more productivity for the underlaying assets.”

“Acting in the physical world has always meant planning against drawings no one fully trusts. We changed that,” added NavVis co-founder and CTO, Dr Georg Schroth.

“This round takes us further: Next-generation capture, a deeper intelligence layer, and an open platform for the physical AI ecosystem.”