TERN Raises $7.5M to Challenge GPS Dependence with AI-Driven Navigation System

In a world where everything from ride-hailing to national defense hinges on uninterrupted positioning data, TERN is betting that the future of navigation won’t orbit the Earth. The Austin-based startup has raised $7.5 million in a seed extension round to scale its Independently Derived Positioning System (IDPS™) — a software-based navigation platform that delivers precise…

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