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§ Private Profile · Somerville, MA, USA
Technology developer for autonomous vehicles, enabling navigation in any road condition using Ground Positioning Radar.
GPR, formerly known as WaveSense, develops Ground Positioning Radar (GPR) technology to enable autonomous vehicles to navigate diverse and challenging road conditions, thereby enhancing the safety and performance of both assisted driving and fully autonomous capabilities from its Somerville, Massachusetts headquarters. The company has secured $26 million in total investment, with its most recent capital infusion being a Series A round completed approximately 18 months ago. Operating within the autonomous vehicles and assisted driving technology markets, GPR currently reports a team of 6 employees and an annual revenue of less than $5 million. This specialized technology aims to provide precise vehicle positioning and environmental awareness, particularly where traditional GPS systems may be insufficient or unreliable. While specific founder names are not publicly available, one source indicates the organization was established in 1999.
GPR has raised $18.0M across 2 funding rounds.
GPR has raised $18.0M in total across 2 funding rounds.
GPR has raised $18.0M in total across 2 funding rounds.
GPR's investors include Impossible Ventures, Carsten Boers, NOMO Ventures, Vas Ventures.
GPR has raised $18.0M across 2 funding rounds. Most recently, it raised $15.0M Other Equity in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 30, 2021 | $15M Venture Round | Impossible Ventures, Carsten Boers | — | Announced |
| Sep 6, 2018 | $3M Seed | Carsten Boers | NOMO Ventures, VAS Ventures | Announced |