Energy Impact Partners (EIP) invested $5.7 million in ViriCiti, in a Series A round of funding. The investment in the EV fleet efficiency technology company is EIP’s first in a Europe-based firm.
ViriCiti has developed and deployed a telematics platform for monitoring and managing electric bus and truck fleets, enabling fleet operators to optimize battery and vehicle performance. The company currently serves more than 50% of the e-bus market in Europe and North America, with its solution integrated into some of the largest urban transit networks – including New York City, San Francisco, and Los Angeles.
ViriCiti’s core product offers an integrated approach for vehicle monitoring and smart charging, utilizing route planning information and different charging platforms. The company’s real-time reporting framework keeps transit operators up to date on electric fleet operation, eliminating range anxiety and depleted battery incidents.
ViriCiti is expanding to serve mixed-fleet applications by providing telematics and optimization services to non-EV buses and trucks. It is also developing smart charging capability through the vehicle to dynamically charge as needed during trips, based on integration with multiple charging hardware suppliers.
A major goal of the pilot, which begins in April, is to test the speed, functionality, and durability of new handheld devices to scan Ventra and paper tickets.
Traditionally, bus lane enforcement has relied on manual processes carried out by transit police or parking enforcement officers. While it may be effective in certain municipalities, this approach is resource-intensive and very difficult to sustain.
A phased approach to technology, in-house capabilities, and workforce investment is helping transportation leaders break the reactive cycle and build more resilient, revenue-focused operations.
The landmark event empowers riders across six agencies in the Puget Sound region to tap-and-ride transit using a contactless credit or debit card or a mobile wallet.
Now in its latest edition, the awards recognize forward-thinking solutions that improve safety, operational efficiency, sustainability, rider experience, and overall system performance.
Menard discusses how data-driven signal prioritization is improving efficiency, reliability, and ridership, while offering insight into the innovations driving the next generation of smart mobility. Together, they explore how technology and collaboration are paving the way for a more connected, sustainable future in transit.
The pilot program showcases two companies’ technology at eight bus stops. The companies submitted their ideas through the Transit Tech Lab, which is backed by the Partnership Fund for New York City and provides an accelerated pathway for early to growth-stage companies to solve public transportation challenges for the largest transit agencies in North America.
