# NVG8

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nvg8

- Industry: Software
- Headquarters: Singapore
- Website: www.nvg8.io
- Total disclosed funding: $7.6M
- Latest round: Seed (Jun 7, 2022)
- Investors on record: 3

## About

Based in Singapore, and founded in 2022 by Ali Husain, Amanda Center, Amir Husain, Moeez Qadri, and Rumi Morales, Navigate Foundation, LTD., f.k.a. Skygrid Foundation LTD. and d.b.a. NVG8 operates as a community platform where users can share their data, earn crypto rewards, and interact with the distributed open-source software application. In June 2022, Navigate Foundation, LTD. raised USD 7.63 million in seed funding led by Distributed Global Ventures, with participation from Kraken Ventures and Outlier Ventures.

The company provides a new community platform that consists of data vaults for crowdsourcing data sets, where users can upload, share, and monetize data they have collected through their smartphones, drones, or other devices. The platform also provides access to next-generation data (NGD) for Web3 developers. In addition, the platform allows users to upload data points captured by the Internet of Things (IoT)devices, robotics, autonomous vehicles, drones, dashcams, and much more for tracking air pollution, carbon emissions, water pressure, noise levels, utility efficiency, airspace activity, or even network signal strength.

The company plans to use its proceeds from June 2022 funding to develop and expand its platform offerings and support its next phase of growth.

## Funding rounds

- Seed, Jun 7, 2022, $7.6M — Outlier Ventures, Distributed Global Ventures, Kraken Ventures

## Investors

- Outlier Ventures — Seed
- Distributed Global Ventures (https://capitalatlas.ai/funds/distributed-global-ventures) — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed