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WaveSense
WaveSense is providing safe and reliable navigation system
About WaveSense
WaveSense is a technology company that has developed a proprietary vehicle positioning system called Ground Positioning Radar (GPR). This system is designed to allow autonomous vehicles to navigate safely and reliably in all weather and road conditions. The company's core technology utilizes ground-penetrating radar to create a high-resolution map of the subsurface of a road. This map, which includes features like pipes, roots, and soil changes, serves as a unique fingerprint for a specific location. An antenna on the vehicle then scans the road's subsurface, and the GPR system compares this real-time data to the stored map to determine the vehicle's exact position with a high degree of accuracy.
WaveSense's primary market is the automotive industry, specifically the developers of autonomous vehicles and advanced driver-assistance systems (ADAS). The company's business model is likely based on licensing its technology to automotive manufacturers and Tier 1 suppliers. By providing a more robust and reliable positioning solution than traditional systems like GPS and cameras, WaveSense aims to accelerate the adoption of autonomous driving technology.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Apr 2021 | $15M | $60M | Rhapsody Venture Partners · Impossible Ventures | — |
| SEEDEquity / VC | Jul 2020 | $5M | $20M | Undisclosed | — |
Growth signals
Latest recorded traffic for WaveSense is 380 monthly website visits, down 68.3% over the last three months. WaveSense's team declined 1.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Rhapsody Venture Partners- IVImpossible Ventures
Other known investors2 additional known investors
Plug and Play
VAS Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about WaveSense 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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