Mapxus, a Hong Kong-based indoor Geographic Information System (GIS) platform that provides global indoor mapping and navigation services, closed its US$5m Series B funding.
The round was led by Kawasaki Heavy Industries.
The company intends to use the funds to continue to develop technology solutions for indoor mapping and location-based services.
Led by Ocean Ng, Chief Operation Officer, John Chan, CEO, Mapxus is a comprehensive indoor geographic information system (GIS) platform that provides global indoor mapping and navigation services, aiming to make indoor mapping smart and simple, and to create a barrier-free and inclusive city experience for everyone. With indoor mapping and navigation technology, Mapxus has expanded its service to over 25 cities in the Asia-Pacific region, covering more than 1,500 venues across various building types including retail, universities, transit, and government buildings. Its indoor map data infrastructure is designed to empower people and businesses, improving daily experiences and work efficiency.
Starting in August 2021, the company collaborated exclusively with Kawasaki Heavy Industries to provide indoor technology such as digital maps, Wi-Fi fingerprint positioning and SDK for indoor map data infrastructure service in Japan, which is named iPNT-K. With the iPNT-K solution, businesses can apply indoor navigation in commercial facilities such as shopping centres, train stations, and airports to perform location-based marketing, traffic analysis, barrier-free navigation, manage and track operations, facilitate the management, and improve the work efficiency of employees in offices and warehouses.
Furthermore, Mapxus has recently joined hands with NOIZChain to co-create Honio, the world’s first indoor location-based Game-Fi metaverse. Honio aims to connect the virtual and physical worlds through a mobile app that rewards users for spending time in physical stores. It is expected to launch in Japan by 2023 and in other Southeast Asian markets by 2024.
FinSMEs
02/03/2023