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Automotus Invests Over $9 Million To Expand Automated Brake Management Technology And Improve Urban Traffic

Written by Bruno Teles
Published on 10/01/2023 at 13:46
tecnologia de gerenciamento de freios automatizados
Tecnologia de gerenciamento de freios automatizados (Foto/divulgação)
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As Mobility Landscape Has Made Limited Space in Cities Necessary for the Use of Some Technology for Automated Curb Management to Improve Urban Traffic. This Is Because the Curb Has to Deal Not Only with Cars and Motorcycles but Also with Other Obstacles to Ensure a City Circulating Perfectly.

Currently, cities need to deal with public transportation, bike lanes, deliveries, vehicles, and much more — all of which makes the curb more “turbulent.” Therefore, managing curb space has become a necessity for large metropolises, and there is even software available to manage this space.

Thus, Automotus, a small American startup, announced an initial project of US$9 million to advance its automated curb management solution.

The company stated that its technology could reduce congestion and carbon emissions in cities by up to 10%. Furthermore, the software also helps reduce double parking risks by up to 64% and increases city parking revenues by more than 500%. Although in the initial phase, the curb management technology promises to be a revolution for urban mobility. 

Curb Management Technology Is a Priority for Automotus

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Automotus Invests Over US$ 9 Million to Expand Automated Curb Management Technology and Improve Urban Traffic

Launched in 2018, Automotus operates in American cities like Los Angeles, Santa Monica, Omaha, Pittsburgh, among others, to automate payments for unloading and parking vehicles, as well as enforce curb violations and manage charging zones preferences for commercial EVs.

According to TechCrunch, the CEO of Automotus, Jordan Justun, stated that the company “We also integrate with other mobility service providers to help cities gain a broader view of how public right-of-way is being used and for what planning modes, policies, and pricing efforts.”

In 2021, Automotus raised over US$1.2 million in seed funding, securing an additional US$7.8 million to complete its intermediate plan to fund automated curb technology. Among the investors are firms like CityRock Venture Partners, Unbridled Ventures, NY Angels, Keiki Capital, SUM Ventures, Quake Capital, Irish Angles, and LA’s Cleantech Incubator Impact Fund.

On the project, Justus also pointed out that “Most of the funding will be used to execute and support deployments in at least 15 new cities that will become operational in 2023.” Finally, he emphasized that “We have a big year of launches ahead and are focused on providing the best possible solutions for our clients while continuing to expand previous pilots.”

However, despite Automotus widely offering a software as a service product, it is necessary to install the right hardware to ensure efficient data collection. For this, in its partner cities, Automotus will implement cameras enabled for mobile, equipped with the company’s proprietary computer vision technology.

Thus, the cameras will be mounted at traffic lights and urban lights, in areas where many loading and unloading activities occur, as well as delivery zones. This will make it easier to analyze where there is more curb overload to find solutions to decongest those areas.

Bruno Teles

I cover technology, innovation, oil and gas, and provide daily updates on opportunities in the Brazilian market. I have published over 7,000 articles on the websites CPG, Naval Porto Estaleiro, Mineração Brasil, and Obras Construção Civil. For topic suggestions, please contact me at brunotelesredator@gmail.com.

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