Event

NoTraffic closes USD 50 million Series B

Jun 27, 2023 · Funding · NoTraffic · Automotive

NoTraffic completed a USD 50 million Series B to expand production, research and sales in additional global markets.

  • M&G Investments led the completed USD 50 million Series B.
  • VNV Global, UMC Capital and seven existing investors participated in the round.
  • The company said the capital would support production, research and development, and sales expansion into Japan and major European markets.

NoTraffic develops an AI traffic-management platform that combines roadside sensors, edge computing and cloud coordination to optimise signal timing. Founded in 2017, the company connects intersections into a real-time network that responds to vehicles, pedestrians and priority users while producing infrastructure data for mobility operators.

Company
NoTraffic
Segment
Automotive
Event type
Funding
Added to Korthos
Jul 18, 2026
Geography
Tel Aviv · Israel