viAct Secures $7.3M to Drive AI-Powered Safety in Middle East Expansion

Editorial Team

Last updated 17-04-2025

3 min

ViAct secured $7.

3 million in Series A funding led by Venturewave Capital.

Funding will enhance AI models for predicting risks in high-safety sectors like construction.

Expansion plans include entering Saudi Arabia's growing tech-savvy construction market.

Additional recruitment in AI, engineering, and sustainability will support this growth.

The investment will upgrade technology for better workplace safety and sustainability initiatives.

Hong Kong-based artificial intelligence firm viAct has bagged $7.3 million in a Series A investment round led by the Irish firm Venturewave Capital. This funding round also saw participation from Singtel Innov8, Korea Investment Partners, and the entrepreneurial fund linked to Hong Kong Polytechnic University.

With this fresh funding in hand, viAct plans to develop advanced AI models aimed at predicting risks, improving environmental compliance, and safeguarding workforce safety, particularly focusing on industries that demand tough safety measures like construction, energy, manufacturing and mining.

But what’s particularly catching people's attention—especially those keeping a casual eye on tech developments here at Arageek—is viAct's ambitious plans to expand into the bustling Middle Eastern market, notably Saudi Arabia. The Kingdom, known lately for its enthusiastic embrace of high-tech safety measures, offers fertile ground for viAct's AI-backed solutions. The region's booming construction sector alone could keep the Hong Kong firm's hands full as safety becomes an increasingly critical priority.

To facilitate this growth, viAct plans to beef up its team, recruiting talent specialising in artificial intelligence, engineering, and overall sustainability. Gary Ng, co-founder and CEO of viAct, described the funding as a "catalyst for change," emphasising the company's dedication to reshaping how heavy industries approach safety and operational standards.

Meanwhile, Hugo Cheuk, co-founder and Chief Operating Officer, highlighted that this new financial boost will enable viAct to upgrade existing technologies, staying true to the core mission of promoting safety and sustainability in workplaces across the board.

If you've been following the tech startup scene as closely as we have, viAct is certainly no stranger to the spotlight. Established back in 2016, it quickly carved a niche for itself by crafting a computer-vision platform that intuitively spots safety hazards, ensures compliance, and bumps up overall operational efficiency on industrial sites. What's particularly intriguing—and handy—is how their platform uses 5G connectivity technology, providing real-time monitoring, instant alerts and detailed data-driven analytics.

Safety on work sites has always been a sticky issue, often sidelined by tight deadlines or tricky budgets. Companies like viAct setting their sights on redefining these norms is no doubt refreshing news for industry watchers. And let's be honest, avoiding worksite accidents is a relief that’s both priceless and overdue. Perhaps this investment marks another promising step towards a safer and more sustainable future.

Oh, and before I forget—apolgies for the rant, folks. But we really couldn't help getting a tad bit excited about such meaningful tech advances!

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