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Mapxus

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Hardware-free indoor mapping and navigation services platform

Sham Shui Po District, Hong KongFounded 2018Transportation
Valuation $25–50M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mapxus and the history behind them.

About Mapxus

Mapxus is a Hong Kong-based indoor Geographic Information System (GIS) platform founded in 2017 by Dr. John Chan, who serves as CEO, and Ocean Ng, the COO. The inspiration for the company came from Chan's personal experiences, including a tragic fire in 1996 and his early career work, which highlighted the need for accurate indoor positioning for safety and efficiency. The company aims to make indoor mapping smart, simple, and accessible for everyone, including those with disabilities.

The firm offers a hardware-free, cloud-based platform for indoor mapping, positioning, and navigation. Its technology utilizes a combination of Wi-Fi fingerprinting, sensor fusion from mobile devices, and artificial intelligence to create a three-layer indoor map system: a digital map, a signal map, and a 360° panoramic visual map. This approach avoids the need for dedicated hardware like beacons, which significantly reduces deployment costs. The platform provides an average positioning accuracy of 3-5 meters. Mapxus delivers its technology through a Software Development Kit (SDK) and APIs, allowing clients to integrate indoor mapping into their own applications for iOS, Android, and the web.

The company serves a diverse client base that includes shopping malls, airports, transit authorities, hospitals, universities, and government bodies. Its business model is based on providing its mapping services to these entities, enabling applications such as location-based marketing, traffic analysis, and enhanced facility management. Mapxus is also one of Apple's Indoor Mapping Data Format (IMDF) platform service providers. Headquartered in Hong Kong, Mapxus has expanded its services to over 25 cities across the Asia-Pacific region, including Japan, Singapore, and Taiwan, with a portfolio of over 1,500 venues. The company has secured significant funding, including a $3 million round in 2019 led by Beyond Ventures and a $5 million Series B round in 2023 led by Kawasaki Heavy Industries, bringing its total raised capital to over $8 million.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Sham Shui Po District, Hong Kong
Employees
33
Open positions
None listed
Dealroom signal
64.2/100
Sector
Transportation, Information Technology, Navigation, Analytics, Mapping, Location Based, Indoor Navigation, Platform, Arts & Culture
Technology
Artificial Intelligence, Big Data, Machine Learning, IoT InternetOfThings
Business model
SaaS
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Mar 2023 $5M $45M Kawasaki ↗
SERIES A✓Equity / VC Nov 2021 $9M $36M Undisclosed —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Mapxus website traffic

Latest recorded traffic for Mapxus is 19K monthly website visits, up 126.2% over the last three months. Mapxus's team grew 0% over the past year.

Latest monthly visits19K 3-month web change+126.2% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Beyond Ventures

Series A1 investor entered at this stage

  • Kawasaki

Other known investors2 additional known investors

  • Nvidia Inception
  • Startupbootcamp
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇭🇰 Hong Kong50%
🇹🇼 Taiwan22.2%
🇯🇵 Japan16.7%
🇸🇬 Singapore5.6%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mapxus on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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