Miovision raises $260 million in growth funding

1 minute read
17 April 2023

On April 17, 2023, Miovision announced that it had raised $260 million in growth funding in a round co-led by TELUS Ventures, Maverix Private Equity and Export Development Canada (EDC).

Miovision is a leading provider of intelligent transportation solutions that enable cities to reduce traffic congestion and vehicle emissions while improving public safety. The company's AI-powered platform helps communities improve traffic efficiency at the intersection and make roads safer for all types of road users - vehicles, bicycles and pedestrians. Miovision is headquartered in Kitchener, Ontario, and has offices in Germany, Serbia and the US. 

Gowling advised Miovision with respect to this funding round with a team led by Todd Bissett and Stephanie Hayes and that included Patrick Chen (corporate) and student-at-law Alyssa Chen.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.