What is Valerann?
Valerann is at the forefront of developing the intelligent transportation ecosystem with its "Smart Roads System." This end-to-end IoT solution integrates advanced sensing technologies directly into road infrastructure, transforming conventional roads into a future-ready, connected network capable of generating comprehensive real-time data. The platform provides granular insights into traffic incidents and vehicle patterns, aiming to enhance road safety by reducing accidents and predicting congestion, thereby saving lives and optimizing traffic flow. Valerann's operations currently span Europe and Israel, positioning it as a key player in the smart infrastructure market.
How much funding has Valerann raised?
Valerann has raised a total of $15M across 1 funding round:
Series A
$15M
Series A (2022): $15M with participation from RIO Ventures Holdings, 2B Angels, and HG Ventures
Key Investors in Valerann
RIO Ventures Holdings
RIO Ventures Holdings is a BVI Private Venture Fund that partners with entrepreneurs to invest in transformative technology startups, with a focus on areas like IoT and Big Data Analytics. They are particularly keen on scaling tech-driven Israeli startups.
2B Angels
2B Angels is a venture capital fund dedicated to growing early-stage deep technology ventures into category leaders. With over 60 investments in sectors including Automotive/Mobility and AI, they are one of Israel's most active venture capital funds.
HG Ventures
HG Ventures, the corporate venture arm of The Heritage Group, invests in and partners with innovative, high-growth companies to support a sustainable future, leveraging deep industry expertise.
What's next for Valerann?
The substantial enterprise-level funding Valerann has garnered, particularly the recent strategic investment, signals a strong market validation and provides the necessary capital for significant scaling and expansion. This financial backing is expected to accelerate the development and deployment of its Smart Roads System, potentially enabling Valerann to broaden its geographical reach and deepen its technological capabilities. The company is likely to focus on forging new partnerships within the transportation and smart city sectors, further solidifying its position as a leader in data-driven intelligent infrastructure solutions.
See full Valerann company page
