Winner Startup Wheel International Track viAct raises USD 7.3 Million Series A
viAct, a leading impact AI company focused on improving safety and efficiency in high-risk industries, today announced the close of US$7.3M Series A round led by Dublin-based private equity firm Venturewave Capital, with participation from Singtel Innov8, the corporate venture capital fund of Singtel, Asia’s leading communications technology group, Korea Investment Partners and PolyU Entrepreneurship Investment Fund.
For years, construction safety has been reactive, with actions being initiated only when an incident occurs. With the advent of AI, the safety paradigm is set to change and viAct is leading this transformation. viAct, an AI company from Asia, has built an AI-powered ecosystem that continuously detects risks, ensures compliance, and enhances efficiency across construction projects and other critical industries.
Unlike traditional site monitoring, which relies on manual oversight and fragmented tools, viAct’s technology provides real-time insights, predictive analytics, and automated interventions to prevent hazards before they occur. While many AI solutions address isolated challenges like PPE compliance or hazard detection, viAct has been pioneering a holistic AI monitoring platform since 2016, seamlessly integrating proprietary computer vision models to elevate both safety and operational efficiency across job sites.
-
Advance AI capabilities – Developing more sophisticated models for hazard prediction, environmental compliance, and workforce safety across heavy industries.
-
Expand globally – Strengthening its presence in Middle East (e.g. Saudi Arabia), where demand for AI-driven safety solutions is growing rapidly.
-
Grow its team – Attracting top talent in AI, engineering, and sustainability to push the boundaries of innovation.
Visit viAct for more details: See more
Startup Wheel sincerely congratulates viAct and wishes them a marvelous journey ahead.
