Funding Details
- Awarder
- Inbox
- Date Award
- May 13, 2024
- Vertical
- Mapping and Location Platform
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2022
- Traction
- Since its launch in November 2022, Magic Lane claims to have grown in Europe and Asia, attracting prominent clients and partners.
- Organizations Involved
- No Such Ventures
- Founders
- Raymond Alves
- Company Description
- Magic Lane aims to transform maps, location, and navigation services. Their technology works with minimal hardware, keeps users' location data private, and can navigate without needing an internet connection, which is ideal for electric bikes, scooters, and other devices. The platform deploys over 2,000 open data sources for maps, elevation, satellite data, weather, points-of-interest, Wikipedia, public transport, and address data.
- Market
- Mapping and Navigation
- Location
-
Amsterdam,
Netherlands
- Coinvestors
- No Such Ventures
Links