Skip to main content

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”.

For more information on companies in this article

Related Content

  • The world was your Oyster
    November 5, 2021
    Embracing digital payments and transparent journey planning is key to changing traveller behaviour and accelerating integrated public transport, says Martin Howell of Worldline
  • Uber clean-up - those all-important facts and figures
    September 11, 2020
    Ride-hailing giant says it can switch to all-electric vehicles 'in any major city' by 2030
  • Bentley buys up Citilabs and Orbit
    October 24, 2019
    Infrastructure software specialist Bentley Systems is continuing to expand its portfolio with its just-announced acquisition of Citilabs and Orbit Geospatial Technologies. Citilabs provides the global mobility solution CUBE and analytics package Streetlytics, while Orbit offers the Orbit GT software. Bentley CEO Greg Bentley did not reveal the size of the deal. The move will allow Streetlytics traffic data to become available through Bentley’s cloud services, to improve the quality of digital twin mod
  • Transportation’s electrifying future
    August 1, 2023
    Climbing out of our silos will be vital to create the frameworks and networks needed to decarbonise transport, if we are serious about mitigating climate change, says Colin Sowman