viAct, a tech company from Hong Kong that builds smart AI apps, has raised $7.3 million in new funding.
The leading investor was an Irish company called VentureWave Capital, supported by Singtel Innov8 and Korean Investment Partners.
The company plans to use the money to grow its MENA region (Middle East and North Africa) business.
It will mainly focus on Saudi Arabia, which wants to use its AI technology to improve safety and help people work more efficiently.
viAct was started in 2016 and now works with over 200 contractors worldwide.
Its platform helps companies spot risks in real-time, predictpredict problems before they happen, and ensure safety rules are followed automatically. It’s used in construction, oil and gas, and logistics industries.
viAct, a company that uses AI to monitor safety at work, has raised $7.3 million in its latest funding round. The main investor was VentureWave Capital from Dublin, and other supporters included Singtel Innov8, Korean Investment Partners, and The PolyU Entrepreneurship Investment Fund.
This funding is a big step forward for viAct helping the company to reach its goal of making workplaces safer. Their aim isn’t just to stop accidents but also to show that good safety can help businesses make more money.
visit, a leader in AI-powered safety tools, has created a system that helps companies avoid delays, work more efficiently and make more profit while keeping workers safe and following the rules. That’s why over 200 contractors worldwide have chosen to use it.
“We envision a future where construction is synonymous with innovation, safety and sustainability,” said Gary Ng, Co-founder and CEO of viAct.
“This funding is not just a financial milestone. It is a catalyst for change. Our goal is to redefine industry standards positioning viAct at the forefront of this transformation. With our cutting-edge AI solutions, we aim to empower every stakeholder to achieve unprecedented levels of efficiency and responsibility.”
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