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Transport tech scaleup VivaCity raises £7m to optimise traffic networks with AI

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• The investment will fuel VivaCity’s North America expansion and widen its product portfolio

London, UK; 16th February 2023: VivaCity, the transport technology scaleup transforming cities into smarter and more efficient places to live and work, has today announced £7 million in funding to fuel its expansion into North America.



In this funding round, sustainable infrastructure VC investor ENV is joining existing investors, alternative assets and SME investment manager, Foresight Group and Gresham House Ventures, the growth equity arm of specialist alternative asset manager, Gresham House.

VivaCity’s artificial intelligence sensors gather accurate, detailed and anonymous data on transport modes, traffic flow and travel patterns, supporting strategic decisions to help optimise the transport network and improve urban infrastructure.

The funding comes after an impressive year of growth for the company, with VivaCity’s…

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