UK AI company Vivacity Labs secures £5m Series A funding to fuel international growth and deliver ‘smarter transport’
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Company plans to double headcount and expand into Northern Europe and Australian markets
Vivacity Labs’ technology transforms cities into smarter and more efficient places to work and live
London, UK; 22 February, 2021: Vivacity Labs, the London-based tech company which uses artificial intelligence to improve traffic insights and safety, today announced it has secured £5m of Series A funding in a VC round led by investor Mobeus, with additional funding from existing investors Downing Ventures and London Co-Investment Fund.
Vivacity Labs
Vivacity Labs works with government, regional bodies and local councils to re-think and optimise the way traffic and transport infrastructure is built and used. The technology provides anonymous, highly accurate data to deliver real-time insight into road networks, infrastructure and the way in which we all use our