Participated · Series B · Jun 2023

NoTraffic develops an AI-powered mobility platform that connects and optimizes traffic signals as a cloud-based digital grid to improve efficiency, sustainability, and safety. The company operates a proactive Operations Center offering 24/7 monitoring, remote diagnostics, and over-the-air updates to support agency teams and deployments. Its platform has been adopted by traffic agencies across more than 40 U.S. states and Canada, including deployments in Houston, Phoenix, and Oklahoma. The company is led by CEO Tal Kreisler and is based in Overland Park, KS. Financially, NoTraffic recently completed a $90M Series C to fund expansion of operations and further product development.

Led · Series A · Jul 2022

Drover AI is a Los Angeles–based startup that sells an attachable IoT module called PathPilot (and an upcoming PathPilot Lite) which uses an onboard camera and on-device compute to analyze visual data and issue commands to scooters. The modules can alert riders with sounds or slow scooters when they detect sidewalk riding, and Drover’s tech is deployed with operators including Spin, Voi, Helbiz, Beam and Fenix. The company reports modules on over 5,000 vehicles and orders for over 15,000 more that it aims to deliver by year-end. Drover also builds customer-facing dashboards for operators and sells data to cities, and is exploring distributed moving cameras and a city-facing dashboard to inform infrastructure and policy. Near-term plans funded by the recent raise include ramping PathPilot Lite production, hiring across engineering, project management, government relations/communications in Europe, and a software engineer to expand dashboards. Longer-term the company is exploring integrations and licensing with vehicle and IoT manufacturers to embed its AI into next-generation hardware.

Led · Series A · Jun 2022

Compredict develops AI-powered virtual sensors that turn existing vehicle data into insights for a wide range of automotive applications. Led by Dr. Stéphane Foulard and Rafael Fietzek, the company supplies automakers with tools for predictive maintenance, driver coaching and car health certificates. Its solutions aim to help automakers optimize vehicle design, usage and maintenance while enabling new vehicle-centric apps and digital services. Compredict positions its technology as supporting sustainable mobility by delivering greater value to customers through new features and lower costs. The company plans to use the latest funding to expand its global footprint, diversify product offerings and enhance large-scale deployment capabilities. Financially, Compredict raised $15M in a Series B round led by Woven Capital with participation from existing investor Shift4Good. Compredict offers an AI predictive platform focused on automotive health and vehicle usage monitoring. Led by CEO Stéphane Foulard, the company leverages virtual sensors technology to give fleet operators and vehicle manufacturers insight into how safety-critical components are being used. Its solution can be deployed either embedded in vehicles or as a cloud solution and works regardless of a component's development stage. Compredict's product targets predictive maintenance and vehicle health use cases for automakers and fleet providers. The company raised €5.5M in a Series A round and plans to use the funds to deepen collaborations with automakers and fleet providers and to expand into new markets.