Can AI help reduce traffic jams? NoTraffic raises $50M to outfit roads with smart sensors
June 27, 2023
NoTraffic, an Israeli traffic management startup, today announced its $50 million series B funding round. The company is on a quest to live up to the promise of its name by outfitting intersections and complex roadways with wireless smart sensors commanded by an AI-driven software-as-a-service (SaaS) platform.
The latest funding round was led by UK-based M&G Investments. NoTraffic plans to…