Mobility Insight News
5 articles
GBV Invests $2,000,000 in Mobility Insight, an Israel Innovation Company, Using ML and AI to Help American Cities Combat Increasing Traffic Congestion and Improve Pedestrian Safety
Mobility Insight Announces Expansion to Florida
Mobility Insight has announced the establishment of Mobility Insight USA, a Florida-based company. The announcement was made at the Florida Israel Innovation Expo & Conference, where the company presented its next-generation traffic management product and its achievements in Israel and the US. The conference also highlighted the partnership between Mobility Insight and Marlin Engineering. Mobility Insights traffic congestion reduction technology improves road network levels of service by over 30% and enables road network operators to introduce new revenue streams. The companys Traffic Management as a Service (TMaaS) platform provides policy making, transportation planning, and traffic controlling users with actionable insights. The establishment of Mobility Insight USA marks the companys expansion into the US market.
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Israeli startup Mobi empowers smart cities with AI-driven smart traffic solutions
Israeli startup Mobi has closed a $2 million Seed round to further develop its AI-powered traffic management platform. The platform utilizes AI algorithms and physical sensors to predict traffic behavior, identify congestion, and recommend actions to prevent blockages. Mobi was awarded the opportunity to develop and operate smart traffic management in Israel and is also expanding its solutions to the U.S. The funding will be used to penetrate the U.S. market and develop collaborations with relevant industries.
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Amika Mobile and Mobility Insight announce Connected Vehicle Systems for Intelligent Borders
Amika Mobile and Mobility Insight are collaborating on a project for intelligent border security and connected vehicle systems. Amika Mobiles platform, Amika Mobility Server (AMS), will be used by Mobi to process events and discover mobile devices in public places. Mobis cloud system and IoT sensor network will enable traffic prediction and analytics. The joint project is being conducted for the Government of Canada with support from CIIRDF. The collaboration aims to bring the latest security and safety innovations to connected vehicles and intelligent border crossings. The article highlights the growth potential of the connected vehicle market and the public safety and security market. A presentation and demonstration of the integration will be showcased at an event in Montreal.
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Fleet management co Mobility Insight raising $5m
Mobility Insight, a company developing a vehicle fleet and transportation management solution, is in the process of closing a financing round to raise $5 million. The company has already raised $3 million and plans to raise an additional $2 million. Mobility Insight aims to become a dominant player in the global market of connected vehicles, with estimates of 300 million connected vehicles by 2024. Their comprehensive solution includes software and hardware for managing road and transportation networks, analyzing vehicle traffic in smart cities, and collecting real-time information from wireless smart sensors. The company is currently working with the Ministry of Transport, business customers, and local authorities in Israel and overseas. They are also establishing a base for activity in the US.
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