– TrustPoint, Inc., a startup with operations in Silicon Valley and Northern Virginia, announces that it has raised a $2M seed round from DCVC.
– GPS is a ubiquitous global utility: knowing one’s location and accurate time is critical for government, commercial, and consumer applications.
– Still, today’s solutions are inaccurate, slow, unencrypted, and susceptible to jamming and spoofing. These shortcomings make heritage GPS and other government-owned and -operated systems insufficient for tomorrow’s safety-critical and high-precision commercial applications, such as drone delivery, self-driving cars, urban air mobility, and augmented reality.

- SafelyYou from San Francisco provides artificial intelligence-enabled fall detection and prevention for dementia care. - Series A $19.5m round was led by Eclipse Ventures with participation from Founders Fund, as well as existing investors DCVC, Foundation Capital, TSQ Advisors, Pathbreaker Ventures, The House Fund, Swift Ventures, Pacific Health Ventures, Anorak Ventures, and 7Percent Ventures. - The new investment will be used to scale up the business.

- SafelyYou from San Francisco provides artificial intelligence-enabled fall detection and prevention for dementia care. - Series A $19.5m round was led by Eclipse Ventures with participation from Founders Fund, as well as existing investors DCVC, Foundation Capital, TSQ Advisors, Pathbreaker Ventures, The House Fund, Swift Ventures, Pacific Health Ventures, Anorak Ventures, and 7Percent Ventures. - The new investment will be used to scale up the business.