EIB provides funding of €20 million to German company NavVis

The European Investment Bank (EIB) and NavVis GmbH signed a contract which provides financing of €20 million to the German company.

NavVis is a global market leader in digital twin technology.

NavVis has experienced unprecedented growth and demand for its indoor spatial intelligence solutions, and will further invest in expanding operations to meet the need for technological innovation in the enterprise manufacturing industry.

NavVis CEO, Felix Reinshagen said: ”We’re proud to receive this financing from the EIB, which represents an important milestone in our long-term vision of digitizing all buildings.”

- advertisment -