Hayden AI, a geospatial analytics and artificial intelligence pioneer, has completed a $53 million Series B fundraising round. The Drawdown Fund led the round, a growth equity fund to help firms address important climate change drivers. The firm intends to use this money to strengthen its domestic market leadership.
Hayden AI’s Platform and Applications
Chris Carson, CEO of Hayden AI, underlines the company’s ambition to change urban mobility and public services worldwide. The AI-powered platform supports various applications, including traffic enforcement and dynamic digital city structure. Hayden AI’s goal and technologies, he believes, are a good fit with their investing strategy. Hayden develops data-driven intelligence tools to assist governments and enterprises in addressing real-world challenges. Their trademarked hardware is adaptable to many vehicles, allowing applications such as traffic infraction enforcement and data collection to enhance transit operations.
“Sustainable mobility is one of the greatest challenges facing the world today,” said Erik Snyder, Managing Director of the Drawdown Fund. “Hayden AI’s mission and technology align perfectly with our investment philosophy. We’re thrilled to lead this funding round.”
The company aims to use its AI-powered platform to improve urban transportation and public services worldwide, with applications ranging from traffic enforcement to dynamic digital city building.