UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS

By News Curator

GPS in its many regional flavors has become a ubiquitous feature in phones, smart watches, cars and other connected devices, but for all the location-based features that it helps enable (mapping being the most obvious) it has a lot of shortcomings: it can be slow and inaccurate, it can contribute to faster battery drain, and […]

UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS by Ingrid Lunden originally published on TechCrunch

AllTrails raises $150M after Covid accelerates people’s interest in exploring the outdoors

By News Curator

Following a Covid-driven boost, the popular AllTrails resource for hikers, bikers, climbers, and anyone else who enjoys the outdoors, announced today it’s raised $150 million from the growth fund of global private equity firm Permira to further accelerate its business. Prior investor Spectrum Equity will continue to be the company’s largest shareholder, following this transaction.…