viAct — an Asia-based artificial intelligence (AI) firm focused on workplace safety and operational efficiency — has raised US$7.3 million ($9.61 million) in a Series A round led by Dublin’s Venturewave Capital. Singtel Innov8, Korea Investment Partners, and the PolyU Entrepreneurship Investment Fund also joined the round.
Founded in 2016, viAct offers a holistic AI monitoring platform that automates safety monitoring. The platform integrates proprietary computer vision models to provide real-time insights, predictive analytics, and automated interventions to prevent hazards before they occur.
As governments and industries push for stronger safety regulations, viAct’s AI-powered solutions bridge the gap between policy and execution — ensuring safety, sustainability, and worker well-being become a reality, not just long-term goals.
The company claims its technology has already helped prevent thousands of incidents, while improving site efficiency and accelerating sustainability across construction and other high-risk sectors.
With fresh capital, viAct plans to enhance its AI models for hazard prediction, environmental compliance, and workforce safety across heavy industries.
The funds will also be used to expand into the Middle East, such as Saudi Arabia, to address the increasing demand for AI-driven safety solutions there as well as grow its team in AI, engineering, and sustainability.
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"This funding is not just a financial milestone—it is a catalyst for change. Our goal is to redefine industry standards, positioning viAct at the forefront of this transformation. With our cutting-edge AI solutions, we aim to empower every stakeholder to achieve unprecedented levels of efficiency and responsibility. We envision a future where construction is synonymous with innovation, safety, and sustainability,” says Gary Ng, viAct’s co-founder and CEO.
Commenting on the investment, chairman and managing partner at Venturewave Capital Alan Foy, says: “At Venturewave Capital, we back visionary founders who are leveraging technology to transform industries, and viAct is doing exactly that in AI-powered sustainability and workplace safety. We look forward to supporting viAct as they expand their impact across Asia, Europe, the Middle East, and beyond.”
Meanwhile, Kum Tho Wan, managing director at Singtel Innov8, highlights that the start-up is aligned with Singtel’s focus on scaling advanced technologies like AI and 5G in industrial settings. “viAct’s AI-powered platform can leverage 5G networks to enable real-time monitoring, instant alerts, and data-driven insights. By integrating AI with 5G connectivity, viAct enhances operational efficiency, ensures timely and proactive hazard detection, and helps create safer, more responsive work environments,” he says.
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Synclare Kim, head of KIPSEA, adds: “viAct’s AI-driven solutions are transforming workplace safety and operational efficiency across high-risk industries, and with increasing government mandates for video analytics in construction safety, the company is well-positioned for significant growth. We are excited to be part of viAct’s journey and look forward to seeing it scale its innovation globally to create safer, smarter, and more sustainable work environments.”
“We are immensely proud of viAct’s achievements as a pioneering PolyU start-up, founded by our talented alumni. This funding milestone underscores the potential of homegrown talent, and we look forward to continuing our support as viAct scales globally,” says Kelvin Wong, director of Knowledge Transfer and Entrepreneurship at The Hong Kong Polytechnic University.
