Total raised
$24.0M
Last: PIPE 2021-01
Stage
Public
Founded
2009
Headcount
25
HQ
Tel Aviv-Yafo
Sector
Automotive & Mobility Technologies
About
Axilion Smart Mobility is focused on developing, applying, and implementing software systems (SaaS) based on artificial intelligence, which enables cities to manage their entire mobility system optimally. Its solutions optimize traffic light systems' timing using a comprehensive analysis of the traffic light network, road users, and network demand. These solutions help in reducing air pollution, prioritize public transit, and improve road-user safety.
Funding history · 2 rounds · $24.0M total
2021-01
PIPE
$18.0M
2019-10
Seed
$6.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When did Axilion Smart Mobility become a public company?
- Axilion Smart Mobility went public on the TASE in December 2020 through a reverse merger.
- What was Axilion Smart Mobility's last funding round?
- Axilion Smart Mobility completed a PIPE funding round in January 2021, raising $18 million. Key investors included More Investment House and Meitav Dash. For full financing history, refer to startupim.
- What was a significant partnership announced by Axilion Smart Mobility in December 2024?
- In December 2024, Axilion Smart Mobility announced a strategic partnership with 360 Network Solutions to expand its signal optimization software across Florida and Georgia.
- What was the outcome of Axilion Smart Mobility's pilot program in Jerusalem?
- Axilion Smart Mobility successfully completed a pilot of its X Way Twin system in Jerusalem in June 2022.
- What negative operational development did Axilion Smart Mobility experience in June 2021?
- In June 2021, Axilion Smart Mobility experienced the cancellation of its transportation management project in Colorado and saw executive departures, including CEO Oran Dror stepping down.
- When did Axilion Smart Mobility launch its X Way Technology in the USA?
- Axilion Smart Mobility launched its X Way Technology in the USA in May 2023, as part of the ITS America conference.
- What recognition did Axilion Smart Mobility receive in November 2019?
- In November 2019, Axilion Smart Mobility, along with the City of Jerusalem and Microsoft Azure, was a finalist at the Smart City Expo Award 2019 in the Mobility category.
- What is Axilion Smart Mobility's primary focus?
- Axilion Smart Mobility focuses on developing and implementing AI-based software systems (SaaS) to optimize city-wide traffic management, aiming to reduce air pollution, prioritize public transit, and improve road safety.
Sectors & technology
Primary sector
Automotive & Mobility Technologies
Sub-sectors
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesUrban Mobility
Technologies
Artificial IntelligenceMachine LearningData StorageEdge ComputingCloud
Target customers
Government & CityMunicipalities
Business model
B2BB2G
Highlights
Climate Tech1 PatentsVerified
Tags
automationtransportationtrafficsmart-cityproject-managementcloudpublic-transportationmunicipalitiesiotsmart-mobilityartificial-intelligenceplanningclimate-techmobility-optimization