Tracsis is to invest up to £1.3m in Vivacity Labs Ltd, in return for up to a 28.1% equity stake in the business. Tracsis says Vivacity has developed “novel machine learning software and sensor technology, which is applied to solve a wide range of traffic and transport issues, most specifically for the automatic counting and classification of pedestrian and vehicle flows in a variety of environments”. It added: “Adoption of the Vivacity technology has the potential for...
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