Security AI startup viAct has introduced the profitable closure of a US$7.3 million Collection A funding spherical. The spherical was led by Venturewave Capital, an Irish impression investing agency, with participation from Singtel Innov8, Korea Funding Companions, and PolyU Entrepreneurship Funding Fund.
viAct is an AI firm devoted to enhancing security and effectivity in high-risk industries, together with development. The corporate has developed an AI-powered ecosystem that constantly detects dangers, ensures compliance, and improves effectivity throughout initiatives. This funding will allow viAct to advance its AI capabilities, broaden globally, and develop its crew.
Reworking Building Security with AI
The development trade has historically relied on reactive security measures, addressing points solely after incidents happen. Nevertheless, viAct is on the forefront of adjusting this paradigm by leveraging AI to create a proactive method to security.
viAct’s AI-powered platform gives real-time insights, predictive analytics, and automatic interventions to stop hazards. This method is a big enchancment over conventional website monitoring, which depends upon guide oversight and fragmented instruments.
Whereas many AI options deal with particular security challenges, viAct has been creating a holistic AI monitoring platform since 2016, integrating proprietary laptop imaginative and prescient fashions to enhance each security and operational effectivity. The corporate’s options have already made a considerable impression by stopping quite a few office incidents, considerably bettering effectivity, and serving to corporations obtain their sustainability targets.
Development and Future Plans
With this new funding, viAct plans to:
- Advance AI capabilities: Develop extra refined AI fashions for hazard prediction, environmental compliance, and workforce security.
- Broaden globally: Strengthen its presence within the Center East, significantly in Saudi Arabia, the place there’s a rising demand for AI-driven security options.
- Develop its crew: Entice high expertise in AI, engineering, and sustainability to drive additional innovation.
Business Recognition and Imaginative and prescient
Gary Ng, Co-founder and CEO of viAct, expressed his imaginative and prescient for the longer term: “We envision a future the place development is synonymous with innovation, security, and sustainability. This funding isn’t just a monetary milestone—it’s a catalyst for change. Our objective is to redefine trade requirements, positioning viAct on the forefront of this transformation. With our cutting-edge AI options, we goal to empower each stakeholder to attain unprecedented ranges of effectivity and duty.”
Venturewave Capital’s Chairman and Managing Companion, Alan Foy, highlighted the agency’s funding philosophy: “viAct is a major instance of how high-impact, scalable corporations are rising from the worldwide startup ecosystem. At Venturewave Capital, we again visionary founders who’re leveraging know-how to remodel industries, and viAct is doing precisely that in AI-powered sustainability and office security. We sit up for supporting viAct as they broaden their impression throughout Asia, Europe, the Center East, and past.”
Wanting Forward
This funding marks an important step in viAct’s mission to create workplaces the place security, governance, and accountability are paramount. As industries worldwide more and more undertake automation, viAct’s AI improvements have gotten important for contractors, producers, and enterprise leaders.
viAct isn’t just offering an AI resolution; it’s main a world motion towards smarter, safer, and extra sustainable industrial practices.
To study extra about viAct, take heed to my podcast interview with Gary Ng, and go to viact.ai.
Supply: viAct, April 17, 2025. The pictures are courtesy of viAct.
Within the title picture from L to R: Gary Ng, Co-Founder, viAct; Linda Liu, Vice President, VentureWave Capital; and Hugo Chuek, Co-Founder, viAct.