Venturewave Capital leads viAct’s USD 7.3 million Series A funding round to advance AI-driven safety innovation across global industries.
Venturewave Capital is pleased to announce its lead investment in the viAct Series A funding round, totalling USD 7.3 million. This strategic investment supports viAct’s mission to transform workplace safety in high-risk sectors through its AI-powered platform. The round also involved participation from other international investors and was facilitated by Venturebeam.
Backing Next-Gen AI for Safer Workplaces
viAct has developed a powerful platform integrating proprietary “Scenario-based Vision Intelligence,” AIoT, and edge computing. Designed to enhance safety, compliance, and operational efficiency, viAct’s technology has been deployed at hundreds of sites across construction, oil & gas, and industrial environments. Its recognition as a World Economic Forum Technology Pioneer underscores the company’s global relevance and potential for scale.
This viAct Series A funding will enable further technology development, expansion into Europe and the Middle East, and team growth in AI engineering and sustainability.
Why Venturewave Capital Invested in viAct
“We are proud to support viAct as it scales its impact globally,” said Alan Foy, Chairman and Managing Partner at Venturewave Capital. “This is precisely the kind of founder-led, high-impact company we seek out—using deep tech to solve real-world problems with global relevance.”
“This raise reflects the strength of viAct’s vision, technology, and leadership. It’s also a strong endorsement of how impact capital can drive commercial and societal outcomes,” added Foy.
“We’re thrilled to partner with Venturewave Capital as our lead investor. Their commitment to impact and scale is aligned with our own values,” said Gary Ng, CEO and Co-founder of viAct.
Global Investors Join Series A
Alongside Venturewave Capital, the round included:
- Singtel Innov8
- Korea Investment Partners
- PolyU Entrepreneurship Investment Fund
- Orbit Startups
“viAct’s AI can integrate with 5G infrastructure to deliver real-time alerts and automated risk mitigation,” noted Kum Tho Wan of Singtel Innov8.
“We’ve backed viAct from early stages because we saw the potential to transform how risk and compliance are managed in dynamic, real-world environments,” said Oscar Ramos of Orbit Startups.
About viAct
viAct is a Hong Kong-based impact AI company redefining safety in construction, industrial, and infrastructure environments. Its platform uses video analytics, machine learning, and AIoT to enable smarter and safer work sites. Since its founding in 2016, the company has become a category leader in Asia and is now scaling internationally.
About Venturewave Capital
Venturewave Capital is a Dublin-based venture private equity firm investing in high-impact, founder-led technology companies with global potential. A signatory of the IFC Principles for Impact Investing and a member of the Global Impact Investing Network (GIIN), the firm provides capital and strategic support to companies that solve pressing global challenges.
Media Contact
Hugo Cheuk
Email: hc@viAct.ai
Phone: +852 9235 3537
To explore our latest investments, visit venturewave.capital/portfolio.