NoTraffic raises USD 90 million Series C
NoTraffic raised a USD 90 million Series C to accelerate deployment of its software-defined traffic infrastructure across North America.
Evidence notes
- PSG Equity led the USD 90 million Series C.
- M&G Investments, Grove Ventures, LifeX Ventures, Meitav Investment House and Next Gear Ventures participated.
- NoTraffic said hundreds of agencies across more than 40 US states and Canada had adopted its platform.
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.