Tech Company Financing Transactions
AltoVita Funding Round
On 12/2/2022, AltoVita raised $9.5 million in Series A funding from Novum Capital Partners.
Transaction Overview
Company Name
Announced On
12/2/2022
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series A
Investors
Novum Capital Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue its business expansion.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
48 Dover St, Mayfair
London England, W1S 4FF
UK
London England, W1S 4FF
UK
Phone
Website
Email Address
Overview
At ITC, we're building software that solves traffic jams. Apart from being annoying, traffic jams are also terrible for humanity and the planet, costing billions of dollars per year and generating horrifying CO2 emissions. We've developed state-of-the-art computer vision and machine learning algorithms to predict traffic patterns and prevent jams before they even start to accumulate. It's as sci-fi as it sounds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vivi Himmel
Chief Operating Officer
Karolina Saviova
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