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Late VC
Total Funding000k

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Revenues, earnings & profits over time
GBP20192020202120222023
Revenues00000000000000000000
% growth-5723 %(97 %)18 %33 %
EBITDA00000000000000000000
% EBITDA margin-(79 %)(15259 %)(27371 %)-
Profit00000000000000000000
% profit margin-(62 %)(13110 %)(25304 %)-
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates, Company filings or news article

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More about Focal Point Positioning
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Focal Point Positioning is a UK-based technology company founded in 2015 by Dr. Ramsey Faragher that specializes in improving the accuracy, reliability, and security of Global Navigation Satellite System (GNSS) receivers. The company develops software solutions for sectors including automotive, mobile devices, and wearables. Its business model focuses on licensing its intellectual property and software to chipset and equipment manufacturers.

The company's core technology is Supercorrelation™, a software-based product that enhances the performance of standard GNSS receivers without requiring additional hardware. It works by using advanced physics and machine learning to more accurately distinguish between direct satellite signals and those that are reflected off buildings (multipath interference) or are malicious 'spoofing' signals. This allows for up to a 10x improvement in positioning accuracy in challenging urban environments, enhanced sensitivity, and greater resistance to jamming and spoofing attacks. Key products include S-GNSS® and S-GNSS® Auto, which integrate this technology into GNSS chipsets for various applications.

Dr. Ramsey Faragher, the founder and President, is a recognized expert in navigation and positioning technologies with a PhD from the University of Cambridge. Prior to founding Focal Point, he worked at BAE Systems, developing the award-winning NAVSOP positioning system, and was a Senior Research Associate at the University of Cambridge. In 2021, Scott Pomerantz, a GPS industry veteran who founded Global Locate which was later acquired by Broadcom, joined as CEO to lead the company's commercial scaling. Dr. Faragher now serves as President and CTO.

Since its founding with a seed round led by Passion Capital in 2015, Focal Point has secured multiple funding rounds, including a Series C round co-led by Molten Ventures and Gresham House. The company has also secured strategic investments and collaborations with major corporations like General Motors, u-blox, and STMicroelectronics to integrate its technology into automotive and mobile platforms. The company is headquartered in Cambridge, UK, with a subsidiary in the USA.

Keywords: GNSS enhancement, Supercorrelation, positioning software, automotive navigation, autonomous vehicles, signal processing, multipath mitigation, anti-spoofing, GPS accuracy, location technology, wearables, mobile positioning, chipset software, sensor fusion, ADAS, Ramsey Faragher, S-GNSS, radio navigation, cybersecurity, location-based services

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