NoTraffic Raises $75.7 million to Fight Traffic Jams
The NoTraffic platform can retrofit any intersection around the world and transform cloud-connected and autonomous in less than 2 hours.
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The NoTraffic platform can retrofit any intersection around the world and transform cloud-connected and autonomous in less than 2 hours.
The first deployment with strategic partner HiRain Technologies started in RiZhao port, with both parties planning to expand the project to additional ports, including on HiRain’s autonomous trucks and AGVs
The deal is expected to generate tens of millions of dollars in revenue for the Israeli startup
Judah Taub, Managing Partner at Hetz Ventures, shares insights after reading “The Black Swan: The Impact of the Highly Improbable” by Nassim Nicholas Taleb
The startup has seen its valuation increase fivefold to $1 billion since its previous funding round less than two years ago