Hayden AI Technologies Secures $90M in Series C Funding to Enhance Smart City Vision AI Solutions

Company Name: Hayden AI
Location: San Francisco, CA, USA
Sector: Technology, Artificial Intelligence, Smart City Solutions
Funding Details: Raised $90M in Series C funding. The round was led by The Rise Fund, with participation from Drawdown Fund, Autotech Ventures, and other investors.

Purpose of Investment: To accelerate research, development, and growth of its vision AI platform for smart cities.

Leadership: Led by CEO and Founder Chris Carson.

Product: Hayden AI develops a vision AI platform that employs geospatial data collection sensor systems to create an urban operating system. This system provides cities with actionable insights and enhanced situational awareness, enabling them to improve sustainability, traffic safety, and accessibility. The technology can be mounted on various vehicle types, offering a dynamic tool for cities to optimize their operations and meet sustainability goals.

Usage: The platform is currently utilized by some of the largest cities and transit agencies in the United States, including New York’s MTA, Washington DC’s Metro, Los Angeles Metro, and the East Bay’s AC Transit. It is instrumental in detecting and enforcing parking and moving violations that hinder public transportation and road safety.

About Company: Hayden AI Technologies is committed to advancing smart city initiatives through its innovative vision AI solutions. With the new funding, the company plans to explore new applications for its platform, aiming to further empower cities to enhance road safety, sustainability, and accessibility. CEO Chris Carson emphasized the strategic partnership with TPG’s The Rise Fund, which is known for its success in scaling socially impactful technology and climate solutions, as a crucial step towards achieving long-term goals in technology development and urban transformation.