NoTraffic raises USD 17.5 million Series A
NoTraffic raised USD 17.5 million in Series A funding to scale deployments and expand its traffic-management platform.
Evidence notes
- Nielsen Ventures and Vektor Partners led the USD 17.5 million Series A.
- Grove Ventures, Menora Mivtachim, Meitav Dash, lool ventures, Next Gear Ventures and North First Ventures also participated.
- NoTraffic planned to expand into dozens of US cities, enter European and Asian markets and double its team.
Company context
NoTraffic develops an AI traffic-management platform that combines roadside sensors, edge computing and cloud coordination to optimise signal timing. Founded in 2017, the company connects intersections into a real-time network that responds to vehicles, pedestrians and priority users while producing infrastructure data for mobility operators.