NoTraffic closes USD 50 million Series B
NoTraffic completed a USD 50 million Series B to expand production, research and sales in additional global markets.
Evidence notes
- M&G Investments led the completed USD 50 million Series B.
- VNV Global, UMC Capital and seven existing investors participated in the round.
- The company said the capital would support production, research and development, and sales expansion into Japan and major European markets.
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.