Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into smart cities. This time, you get to discover 5 hand-picked startups developing smart road solutions.
Global Startup Heat Map: 5 Top Smart Road Solutions
The 5 startups you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 57 companies we analyzed for this specific topic.
Bercman enables Intelligent Traffic Management
Road intersections require the drivers to process a lot of information from the surroundings, causing traffic jams and accidents. Moreover, they present a challenge for automotive manufacturers developing solutions for autonomous vehicles. Startups are developing many solutions around smart cities and smart roads to enable vehicles to communicate with their environment and reduce the burden on drivers from intersections.
Latvian startup Bercman develops a device that uses a bird’s eye view to capture traffic and road information. The Intersection Control Unit communicates with vehicles and other infrastructure (V2I). It provides intelligent traffic management solutions, including tracking speeding and red light violations.
Asimob provides Smart Road Services
Smart road solutions are not limited to the roads. They extend to all the various signals and signs along the roadside and on the road surface that provide information to the drivers and autonomous vehicles. Autonomous and AI-based driving systems utilize a broad range of advanced sensors to understand their environment and make decisions. The sensors factor in road signs and other visual information to make the most optimal and correct decision.
Spanish startup Asimob provides AI-based solutions for smart roads. The startup’s services track road and traffic signs, road conditions, and any constructions or repairs. Moreover, Asimob’s software platform automatically detects road bumps and other signage to create a digital map for more accurate road and traffic analysis.
P3Mobility develops City Infrastructure Connected Smart Roads
Autonomous vehicles are rapidly heading towards level 4 and 5 autonomy. These developments necessitate improvements in road infrastructure. Smart road solutions integrate other smart city services, such as a system to generate revenue.
Canadian startup P3Mobility develops smart road technology in collaboration with local governments. The startup’s smart road technologies include a robust radio spectrum to enable vehicle-to-vehicle (V2V), V2I, and vehicle-to-everything (V2X) communications. Moreover, the startup provides intelligent traffic signals, smart lane traffic management focused on autonomous vehicles, and other smart city solutions.
Valerann provides Web-based Traffic Management
Modern traffic sensors collect a vast amount of data that enables smarter decisions for effective traffic management. However, services to record data generated from smart road sensors are currently very limited and do not fully cater to autonomous connected vehicles. To this end, startups are working on a range of modern traffic management solutions.
Israeli startup Valerann provides a web-based traffic management platform that uses data from both sensors and connected vehicles. The startup’s proprietary platform operates in real-time by integrating with the Internet of Things (IoT) wireless sensors. It provides data-driven insights to reduce accidents by creating a better flow of traffic.
RoadSense Advanced Technologies offers Roadside Sensors
A significant challenge for any smart road project is the installation of new sensors on existing roads. It often requires extensive damage or removal of asphalt or other surfaces and the subsequent repaving. Startups are developing smart road sensors that tackle the drawbacks of existing sensor installation methods. These solutions enable the generation and analysis of more data for smart mobility services.
RoadSense Advanced Technologies is an Israeli startup providing self-powered IoT sensors for smart road applications. The sensors are similar to road studs, eliminating the need to damage the road surface to install them. The startup’s sensors collect a wide range of data, including traffic patterns, vehicle counts, driving behavior, and other hazards.
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