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Hayden AI Raises $90M in Series C Funding

Jul 11, 2024 - news.bensbites.com
Hayden AI Technologies, a San Francisco-based company specializing in vision AI solutions for smart cities, has raised $90M in a Series C funding round. The round was led by The Rise Fund, with participation from Drawdown Fund and Autotech Ventures, among others. The company plans to use the funds to accelerate its research, development, and growth.

Hayden AI's platform uses geospatial data collection sensor systems to create an urban operating system, providing cities with actionable insights to improve sustainability, traffic safety, and accessibility. The system is used by some of the largest cities and transit agencies in the US, including New York’s MTA, Washington DC’s Metro, and Los Angeles Metro, to detect and enforce parking and moving violations.

Key takeaways:

  • Hayden AI Technologies, a company specializing in vision AI solutions for smart cities, has raised $90M in Series C funding.
  • The funding round was led by The Rise Fund, with participation from Drawdown Fund and Autotech Ventures.
  • The company plans to use the funds to accelerate its research, development, and growth.
  • Hayden AI's platform is used by several of the nation’s largest cities and transit agencies to improve sustainability, traffic safety, and accessibility.
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