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

  • Cubic demonstrates new services for US market
    September 7, 2014
    Cubic, whose transportation solutions power some of the major urban centres across the world, including London, San Francisco, Chicago, Vancouver, New York, Los Angeles, San Diego, Sydney, and Brisbane, is showcasing two vital new services for the US market here at the ITS World Congress. The first is its Intelligent Transport Management Solutions (ITMS) which have already powered the transport and infrastructure projects for the Sydney and London Olympic Games. The company says that, with an unrivalled exp
    Read More
  • ITS UK Awards 2024: and the winners are...
    November 11, 2024

    ITS UK revealed the winners of its prestigious annual Awards at its 18th President’s Dinner last week.

    Organisation president and former UK transport minister Steve Norris presented the trophies across 16 categories.

    "Many congratulations to all the winners of the ITS UK Annual Awards," said Max Sugarman, chief executive of ITS UK.

    Read More
  • Chris Tomlinson: 'My golden rule is have an open mind’
    July 27, 2021
    The executive director of Georgia’s mobility authorities explains tolling’s place in demand management, the benefits of being mode-agnostic and how to learn from other agencies
    Read More
  • Artificial intelligence systems for autonomous driving on the rise, says IHS
    June 17, 2016
    According to the latest report from market research firm HIS, Automotive Electronics Roadmap Report, as the complexity and penetration of in-vehicle infotainment systems and advanced driver assistance systems (ADAS) increases, there is a growing need for hardware and software solutions that support artificial intelligence, which uses electronics and software to emulate the functions of the human brain. In fact, unit shipments of artificial intelligence (AI) systems used in infotainment and ADAS systems are
    Read More

Highlighted Content