Grove Ventures’ portfolio company NoTraffic makes it into the ‘TIME 100: most influential companies of 2022’
VC Grove Ventures’ portfolio company NoTraffic has been noted in ‘TIME 100: most influential companies of 2022’. NoTraffic is aiming to revolutionize traffic lights using AI and cloud-connected radar technology. With its system already implemented in Arizona and California, the company raised $17.5 million through investors like Grove Ventures, one of Israel’s most notable venture capital funds, to expand into Europe and Asia. The technology has the potential to reduce wait times, decrease carbon emissions, and enhance road safety, ultimately allowing people to spend more time with their loved ones and arrive home safely.
>> Click here to read the full article originally published in TIME: https://time.com/collection/time100-companies-2022/6159454/notraffic/