AXILION
Active

Solve Traffic Congestion & Improve Sustainability with Video AI

Artificial Intelligence, Automotive, Deep Learning
Artificial Intelligence Deep Learning

Business Overview

Axilion Smart Mobility enables cities around the globe to reclaim their traffic-congested streets by harnessing advanced AI technology that transforms traffic signals into a dynamic and adaptive traffic network. Axilion transforms standard traffic signals to become intelligent car connected IoT devices. With our software and services, we dramatically reduce transit operator’s travel time (Light Rail & Bus Rapid Transit), optimize traffic flow in intersections with dynamic green waves, grow transit ridership as we streamline public transit in the lights, with minimal impact on other road users. In the Jerusalem light rail (LRT) throughout 69 signalized intersections, we streamlined trams with our TSP reducing travel time by 40%, increased ridership by 400%, while cutting fleet costs by 33%. Jerusalem recently selected Axilion for the expansion in 3 new tram lines and 250 signalized intersections. At Haifa Metronit (BRT) throughout 110 signalized intersections, we increased average bus speed by 30%, ridership by 100% and reduced the operator O&M by $7M/year. Haifa has also recently standardize all intersection planning with Axilion. Cities deploy Axilion for public transit and then expand to all signalized intersections in the city, as we dramatically improve traffic flow. Our Adaptive Traffic Network solutions empower municipalities with real-time command and control, V2X traffic signal communications to vehicles, with plans to evolve to congestion management and prediction facilitating city-wide dynamic toll pricing. Axilion software and services solutions are deployed in over 15 cities including Israel Europe and the USA. With seamless integration, Axilion green and innovative solution is a key component for cities who wish to take the first step towards a true smart city.

 

Founded
January 2009
Employees
30
Business model
B2B, B2G
Offering type
Software
Funding stage
Seed
Business stage
Launched
Total funding
$6 Million
Sectors
Artificial Intelligence, Automotive, Deep Learning, Sustainability, Traffic

Founders

AXILION
Ilan WEIZMAN
CTO
AI Expert
AXILION
Oran DROR
CEO
Serial Entrepreneur

Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

AI Technology Stack

AI Description

AI and deep learning software and SaaD services reduce transit operator’s travel time by 40% and increase ridership by 400%. Axilion is the only solution that applies innovative AI technology through a city-wide hardware agnostic abstraction layer. This powerful algorithm enables cities to maximize their current infrastructure’s effectiveness via a universal language that is seamlessly integrated throughout multiple networks with a click of a button, for unified communication and smart optimization.

AI types
Artificial Intelligence, Deep Learning

In The News

Similar Startups

STATUS
Active
FUNDING
$3.7 M
FUNDING STAGE
Angel
STATUS
Active
FUNDING
$8 M
FUNDING STAGE
Seed
STATUS
Active
FUNDING
$1.2 M
FUNDING STAGE
Pre-Seed
STATUS
Active
FUNDING
$42 M
FUNDING STAGE
Series B

Related Investors

TYPE
Venture Capital
MIN CHEQUE
$0.3 M
PORTFOLIO
2
TYPE
Venture Capital
PORTFOLIO
12
TYPE
Corporate Venture Capital
PORTFOLIO
2
TYPE
Venture Capital
PORTFOLIO
3

Sign up for free

  • Save profiles to your list
  • View all funding rounds
  • Advanced sorting filter access
  • Search investment rounds
  • Search exit events

Sign up for Pro

  • Export lists (CSV, Excel) of startups and investors
  • View newly added AI startups
  • View investor emails
  • View investor funds raised
  • Advanced filters, sorting and search
  • Starting at just $15 per month