Smart city solutions provider Hayden AI secured $4.5 Million funding

Oakland based smart city solution provider Hayden AI Technologies has recently secured $4.5 million in funding round.

Hayden AI is founded by Chris Carson. It combines mobile sensors with an AI to provides solutions aimed at enabling governments to achieve their goals of safer streets, efficient urban mobility, and equitable transportation.

Recently, Hayden AI partnered with public transportation and mobility providers to deliver automated traffic law enforcement solutions. The smart city solution provider also wields sensor data with digital twin technology. It helps simulate scenarios and create actionable insights into hazardous driving areas, parking lot management, traffic patterns, curbside management, notes the announcement.

Chris Carson, Co-Founder, and CEO of Hayden AI, said, "This funding round positions Hayden AI for rapid national expansion, particularly in California, allowing us to accelerate and scale the deployment of our autonomous traffic management platform. We are thrilled to have investors that bring significant expertise and comprehensive industry knowledge, which is invaluable as we continue to empower smart cities around the world to end traffic-related fatalities and severe injuries while providing safe and equitable mobility for all."

Nicolai Wadstrom, Founder, CEO, and General Partner at BootstrapLabs, said, "Smart technologies are driving the creation of safer cities and Hayden AI is at the forefront of this revolution. Hayden AI's strategic approach and commitment to enabling smart and safe cities align well with how BootstrapLabs sees the role of Artificial Intelligence in shaping a better future with fellow humans at heart. Their AI-powered mobility solution enables cities to more efficiently enforce traffic laws, improving traffic safety and freeing up valuable resources. We are pleased to partner with Hayden AI to help strategically scale its AI-powered mobility solution, which will ultimately enhance public security and welfare, creating a positive impact on society.

The current funding round brings the total funding for AI-powered smart city solutions provider to $9.5 million. The previous $5 million seed funding round was backed by the BootstrapLabs.

The BootstrapLabs also led the latest funding round. Other participating investors include UC Berkeley’s, e.Republic's venture arm, Autotech Ventures, and Modern Venture Partners.

The Oakland based smart city solutions provider, as of now, has plans to use the new funds to accelerate the development and delivery of AI-powered solution, notes the announcement.