Biotech & Health

VivaCity raises at $42M valuation to make US cities safer, starting with New York

Comment

New York street scene, overlayed with VivaCity AI.
Image Credits: VivaCity (opens in a new window)

Around 39,000 people were killed in motor vehicle incidents in the USA in 2020 — and 6,200 of those deaths were pedestrians. Needless to say, those deaths aren’t just statistics: each has a ripple effect on families, loved ones and the wider communities. Viva is looking to tackle transportation impacts after raising $8.5 million in funding to expand its transport data collection into North America, with the long-term hope to reduce the number of injuries and make traffic safer overall. 

Viva (or VivaCity as it is known in the U.K.) is already well-established in Australia and the U.K. and is now bringing its artificial intelligence sensors to New York City. It will work with the New York City Department of Transportation (NYC DoT) on a new safety data analysis project. Viva’s sensors gather anonymized data showing how different street users move (or don’t) through the city. They can monitor how many vehicles or people are traveling in which direction, where and when congestion occurs and even detect “near misses” between vehicles or vehicles and pedestrians.

This wealth of anonymized data is intended to assist NYC DoT in making strategic decisions that help people move from A to B more efficiently, more sustainably and more safely. The theory is that if you can predict where accidents are likely to occur, taking action to prevent them beats waiting for one — or more — to happen before trying to do something about it. 

“There is a critical need for technology that adapts to the changing mobility landscape. Reactive decision-making is not fit for purpose and it is costing lives. To change, we need to have data to better understand how people are using the roads,” Viva’s CEO Mark Nicholson explains. “This helps authorities to redirect their billions of annual infrastructure investment into the right places.”

Transit tech company Via raises $110M at $3.5B valuation

“The main driver for both myself and my co-founders is to tackle climate change. It’s the sad truth that globally, transport is the most stubborn when it comes to emissions — even with electric vehicles coming in,” says Nicholson. In a nutshell, poor transport infrastructure is a people-killer in more ways than one. “Making our streets safer means more people can go places on foot or by two-wheeled pedal-power. Good for people, good for the planet.” 

“I’m excited to see the impact this will have on road safety, particularly for vulnerable road users like cyclists. The perception that the roads are dangerous is the No. 1 reason that people don’t cycle more, so anything we can do to change that will have a huge climate impact,” says Nicholson.

Nicholson and his co-founders met at university in 2011, when they raised half a million dollars to build an experimental car that was 50x more efficient than standard road vehicles. Bitten by the entrepreneurial bug, they founded Viva in 2015, looking to improve road safety and fight climate collapse.

Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

Since its foundation, Viva has deployed more than 3,500 sensors in seven countries. These sensors can detect nine different modes of transport and have accumulated an impressive 20 billion road user counts. Its latest funding aims to help it grow further.

Viva’s latest funding is led by sustainable infrastructure VC investor EnBW New Ventures (ENV), sustainability-led alternative assets and SME investment manager Foresight Group and Gresham House Ventures, the growth equity arm of specialist alternative asset manager Gresham House. Using this fundraising, Viva says it is focused on continued growth, with two particular goals: 

First is its internal expansion, of which the New York City collaboration is a part. “We’re already present in over 100 U.K. cities and have worked with authorities in Australia and around Europe to better understand their roads,” says Nicholson. “With our sensors installed in Manhattan, Brooklyn and Queens, NYC DoT are now analyzing this data to prioritize projects for the areas most in need of safety and other improvements.”

Mobileye is using its sensors to create detailed maps of the UK

The second goal is to expand the Viva product line.  “Our vision is for road transport infrastructure to become data-driven, including real-time systems like traffic signals. The new product portfolio has targeted products that address the three major challenges the industry faces: road safety, sustainable transport and network optimization to beat congestion,” Nicholson concludes. 

Nicholson is in no doubt of how valuable the data collected by Viva can be to creating livable cities. “If we look back 10-20 years, other industries have been revolutionized by data, including advertising, marketing and retail. These industries are now radically different because of data that has gone into their ecosystems.”

VivaCity’s sensors are privacy-forward and relatively unobtrusive. Image Credits: VivaCity

The collation of large-scale anonymized data will allow for the analysis of how a city’s roads function: how and when people move about, and where the bottlenecks and blackspots are. Ultimately, this can lead to safer streets and livable cities where citizens aren’t afraid to engage with active travel. 

You might have noticed how there’s an emphasis on “anonymized data” here — the company tells TechCrunch that privacy-by-design is fundamental to the company, and it claims that maintaining the security and confidentiality of people’s data is critical to the company’s success.

“I believe strongly that the future of the Smart City has to be citizen-centric,” says Nicholson. “As such, we have designed our solutions from the ground up to guarantee the privacy of every citizen. The system was developed using data protection-by-design principles and is fully compliant with GDPR.”

More TechCrunch

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage…

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco. 

UK opens office in San Francisco to tackle AI risk

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a…

Why companies are turning to internal hackathons

Featured Article

I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture

Women in tech still face a shocking level of mistreatment at work. Melinda French Gates is one of the few working to change that.

21 hours ago
I’m rooting for Melinda French Gates to fix tech’s  broken ‘brilliant jerk’ culture

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of…

Blue Origin successfully launches its first crewed mission since 2022

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many…

Hollywood agency CAA aims to help stars manage their own AI likenesses

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In…

Expedia says two execs dismissed after ‘violation of company policy’

Welcome back to TechCrunch’s Week in Review. This week had two major events from OpenAI and Google. OpenAI’s spring update event saw the reveal of its new model, GPT-4o, which…

OpenAI and Google lay out their competing AI visions

When Jeffrey Wang posted to X asking if anyone wanted to go in on an order of fancy-but-affordable office nap pods, he didn’t expect the post to go viral.

With AI startups booming, nap pods and Silicon Valley hustle culture are back

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But…

OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to…

VCs and the military are fueling self-driving startups that don’t need roads

When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying…

Deal Dive: Sagetap looks to bring enterprise software sales into the 21st century

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI moves away from safety

After Apple loosened its App Store guidelines to permit game emulators, the retro game emulator Delta — an app 10 years in the making — hit the top of the…

Adobe comes after indie game emulator Delta for copying its logo

Meta is once again taking on its competitors by developing a feature that borrows concepts from others — in this case, BeReal and Snapchat. The company is developing a feature…

Meta’s latest experiment borrows from BeReal’s and Snapchat’s core ideas

Welcome to Startups Weekly! We’ve been drowning in AI news this week, with Google’s I/O setting the pace. And Elon Musk rages against the machine.

Startups Weekly: It’s the dawning of the age of AI — plus,  Musk is raging against the machine

IndieBio’s Bay Area incubator is about to debut its 15th cohort of biotech startups. We took special note of a few, which were making some major, bordering on ludicrous, claims…

IndieBio’s SF incubator lineup is making some wild biotech promises

YouTube TV has announced that its multiview feature for watching four streams at once is now available on Android phones and tablets. The Android launch comes two months after YouTube…

YouTube TV’s ‘multiview’ feature is now available on Android phones and tablets

Featured Article

Two Santa Cruz students uncover security bug that could let millions do their laundry for free

CSC ServiceWorks provides laundry machines to thousands of residential homes and universities, but the company ignored requests to fix a security bug.

3 days ago
Two Santa Cruz students uncover security bug that could let millions do their laundry for free

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also…

Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

Decks are all about telling a compelling story and Goodcarbon does a good job on that front. But there’s important information missing too.

Pitch Deck Teardown: Goodcarbon’s $5.5M seed deck

Slack is making it difficult for its customers if they want the company to stop using its data for model training.

Slack under attack over sneaky AI training policy

A Texas-based company that provides health insurance and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said…

Healthcare company WebTPA discloses breach affecting 2.5 million people

Featured Article

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.

3 days ago
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts.

Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK

Kudos uses AI to figure out consumer spending habits so it can then provide more personalized financial advice, like maximizing rewards and utilizing credit effectively.

Kudos lands $10M for an AI smart wallet that picks the best credit card for purchases

The EU’s warning comes after Microsoft failed to respond to a legally binding request for information that focused on its generative AI tools.

EU warns Microsoft it could be fined billions over missing GenAI risk info

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday.  The trustee is asking…

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’