Teralytics raises $17.5m to develop mobility insights

Swiss software company Teralytics has raised $17.5 million to offer mobility insights to more countries. The company is building a platform to provide advanced mobility analytics powered by telecom network data. Using data science and proprietary machine learning algorithms, the solution is expected to provide actionable mobility insights to help cities improve journeys across all modes of transport and optimise the location of electric vehicle chargers. Investors included Robert Bosch Venture Capital,
August 23, 2019 Read time: 1 min
Swiss software company Teralytics has raised $17.5 million to offer mobility insights to more countries.

The company is building a platform to provide advanced mobility analytics powered by telecom network data. Using data science and proprietary machine learning algorithms, the solution is expected to provide actionable mobility insights to help cities improve journeys across all modes of transport and optimise the location of electric vehicle chargers.

Investors included Robert 311 Bosch Venture Capital, Innogy Ventures and 5344 Deutsche Bahn Digital Ventures.

Innogy MD Thomas W. Thomas says the company is well positioned to “unlock the data the world needs to improve human mobility, both in terms of delivering a better service at lower cost and with minimised environmental impact”.
Urban Traffic Control

For more information on companies in this article

Related Content

  • Alibaba and Sena to develop traffic management solution in Malaysia
    June 3, 2019
    Cloud computing company Alibaba Cloud has partnered with Sena Traffic Systems to build smart traffic system in Malaysia which it claims could reduce travel time by 12%. Selina Yuan, president of Alibaba, says: "The smart traffic solution will constantly learn and adapt to changing traffic environments, making the traffic management system a smart learning platform and no longer just an analytic tool." Alibaba is to provide its cloud computing resources and City Brain, a solution which uses real-time c
    Read More
  • Iteris' $3.3m intersection deal solves dilemma
    May 18, 2021
    City of Modesto, California, will improve traffic flow while saving money, says Iteris
    Read More
  • StreetLight Data maps future
    February 20, 2019
    Laura Schewel of StreetLight Data talks to Adam Hill about the importance of measuring what you do – and about how paint will remain perhaps the most important piece of technology in the city planners’ armoury for a decade to come Transportation is dangerous, responsible for 30% of global cargo emissions today. Some experts believe that it will be responsible for 80% by 2050. And that’s before you even get on to the safety question - just ask tech entrepreneur Laura Schewel. “Transportation is getting wo
    Read More
  • How MaaS delivers public sector value
    June 28, 2021
    MaaS can be much more than a vehicle to help cities and governments to better align with societal, environmental and economic policies and goals, explains Scott Shepard of Iomob
    Read More

Highlighted Content