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London-based tech company Vivacity Labs has secured £5 million 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 works with government, regional bodies and local councils to rethink and optimise the way traffic and transport infrastructure is built and used. The technology provides anonymous data to deliver real-time insight into road networks and infrastructure. The investment will support Vivacity Labs’ expansion of its AI-based traffic signal system, which reduces conges...

UK AI company Vivacity Labs secures £5m Series A funding to fuel international growth and deliver ‘smarter transport’ Media 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 exis...