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RailVision Raises US$4MM in Seed Funding to Lower Fuel Costs and Greenhouse Gas Emissions in the Railway Industry

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: RailVision, Trucks Venture Capital

RailVision Analytics, the company powering the railway industry into a new era of cleantech, announced today it has closed a US$4 million (CAD$5.5 million) seed funding round from investors that back entrepreneurs building the future of transportation. The investment – which was more than two times oversubscribed – was led by Trucks Venture Capital with participation from new investors MUUS Climate Partners, Blackhorn Ventures, Incite.org, and Measured Ventures, and returning investors Active Impact Investments and Neil Murdoch. RailVision will use the funding for technical hiring, to grow its product development team, and to expand its product line and customer base.

Read more at Businesswire