Amount Raised
$50 Million
Description
AI-based traffic management platform NoTraffic has bagged $50 million in Series B funding as it picks up momentum in cities across the U.S. The capital injection comes as the Biden administration’s infrastructure bill enters its second year and a host of funding programs kick in to alleviate traffic congestion, tackle CO2 emissions and reduce road fatalities.
FundzWatch™ Score
68
Medium Activity
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech