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Home > Settings > Archives > May 2021 > M12 Welcomes NextBillion.ai into Portfolio

M12 Welcomes NextBillion.ai into Portfolio

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Geospatial data platform, NextBillion.ai (GeoWorks GeoTech), has received funding from M12, a venture capital fund by Microsoft. In a blog published on its website, Abhi Kumar, a partner at M12, said that NextBillion.ai’s data platform is “on a trajectory to replace traditional mapping and location data tooling with a reimagined and decentralized geospatial data platform”.

NextBillion.ai, he said, helps “large enterprises build, scale, and manage their own geospatial data ecosystem, cost-effectively”. 

“Congratulations to Gaurav, Ajay, Shaolin, and the entire team on this major milestone. NextBillion.ai is a transformative and disruptive player in the geospatial space, and we look forward to your continued growth,” said Mr Kumar.