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Kaarta, Inc. announced recently that it has raised US$6.5 million to accelerate the growth of its mobile mapping and localization technology. Kaarta’s innovative technology enables built environment, geospatial, and autonomous robotics professionals to map and model indoor and outdoor spaces up to 10x faster and less expensive than traditional mapping methods. Real estate technology venture capital fund GreenSoil Building Innovation Fund (GBIF) led the round with participation from Riverfront Ventures, Zamagias Properties, Quaker Capital Investments, and Startbot. As part of the financing, Susan McArthur, Partner, GBIF joins the board. The funding will be used to fuel sales and marketing initiatives, expand talent acquisition, and further invest in research and development. Kaarta products are in use today across a myriad of applications in architecture, engineering, construction, operations, industrial planning, civil & transportation infrastructure, security & threat assessment, mining, archeology and autonomous technologies. www.kaarta.com
