Smartphones account for the bulk of those numbers, but autonomy, road and drone devices are growing the fastest.Īlong with that, GPS relies on using one or another of two radio bands typically one produces better positioning than the other but it does so at a cost of draining battery life in the process.įocalPoint is working on a software-based solution, Faragher said, which he said means that the chipsets themselves do not necessarily need to be swapped out or upgraded to implement its faster approach. That’s a big hill to climb, however, when considering the embedded market of legacy chips and the process of rolling out next-generation hardware: There were 1.8 billion GPS chipsets shipped as of 2019, with the total projected to grow to 2.8 billion by 2029. It is a signal of the priority that device makers are putting on improving GPS, and investments that they would be willing to make to do so, and thus the opportunity for startups offering new and more effective approaches to crack the market.Īs Faragher explained to TC, GPS development to date has largely been based around chipsets embedded in the devices using it, which has meant that improving services by and large have depended on new versions of that hardware. Just yesterday, the iPhone giant announced its newest Apple Watch models, featuring much more accurate GPS using a multi band approach on devices touting newly extended battery life. Speaking of Apple, FocalPoint’s focus on better GPS is coming at a timely moment. That startup eventually got acquired by Broadcom. Described as a “living legend in GPS” Pomerantz previously founded Global Locate, one of the first companies to bring GPS to the mass market, with its tech used by Apple and others. automotive brand that is a strategic investor, will be closing in the coming weeks.įocalPoint about a year ago had another notable business development that is helping put the startup on potential customers’ radar: last September, it appointed Scott Pomerantz as its CEO. Molten Ventures (FKA Draper Esprit) - which led a £6 million Series B in 2021– and Gresham House are the two investors in so far. Ramsey Faragher, the CTO and founder, said that the other investors, which include a major U.S. Use cases for the tech include more accurate location for smartphone apps for navigation or location tracking (for example for running and other sports) to help companies with their navigation services (for example for transportation or fleet management) and for better GPS security overall.īased in Cambridge and founded as a spinout from Cambridge University, FocalPoint has raised £15 million ($17 million), part of a Series C round that it expects to total £23 million ($26 million) when fully completed. Today, a UK startup called FocalPoint that’s building software to improve GPS’s operations, accuracy and security is announcing a round of funding to continue building out its tech - which today works up to 4G and will in future also work with 5G and WiFi - and to roll out the first commercial deployments of its system with early customers. Visum provides the kind of “before-and-after-the-sale” support and consulting our customers deserve.GPS in its many regional flavors has become a ubiquitous feature in phones, smart watches, cars and other connected devices, but for all the location-based features that it helps enable (mapping being the most obvious) it has a lot of shortcomings: it can be slow and inaccurate, it can contribute to faster battery drain, and as people are discovering, it can be manipulated or exploited in unintended and alarming ways. FocalPoint Software is flexible enough for any size business, with all types of inventory - from homeowner items, to contractor equipment, party supplies and more! FocalPoint Software offers many powerful features including credit card processing, a purchase order module, and more. " - Bruce WayneįocalPoint Software is a windows/iOS/android based software that is ideal for any size and type of rental business.įocalPoint Software is a rental software solution which masterfully handles all operations of a rental, sales and service business. You must sign up through FocalPoint in order to process payments integrated into the system. "POS Hero has concluded its research and finds FocalPoint Software to only process payments through 3 internal processor relationships, that they refused to disclose.
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