2 years ago

VivaCity Raises £7 Million to Expand into North America and Enhance its Transport Technology Platform

  • VivaCity, a London-based transport technology company, secured £7 million in funding led by ENV, Foresight Group, and Gresham House Ventures

  • The company intends to use the funds to expand into North America and widen its product portfolio

  • VivaCity's platform uses AI sensors to gather data on transport modes, traffic flow, and travel patterns, helping cities optimize their transport networks and improve urban infrastructure

  • Their new product portfolio targets sustainable transport, road safety, and network optimization to combat congestion.

      • ProblemTechnology

      "VivaCity is trying to make cities smarter and more efficient by providing a transport technology platform that gathers accurate, detailed, and anonymous data on transport modes, traffic flow, and travel patterns. This data helps cities optimize their transport network and improve urban infrastructure."

      Solution

      "VivaCity offers a platform that uses artificial intelligence sensors to collect data on transport and traffic patterns, enabling cities to make strategic decisions to optimize their transport network and infrastructure, thus improving efficiency and sustainability."

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