Beltways Inc. is a technology company.
Beltways Inc. has raised $100K across 1 funding round.
Beltways Inc. has raised $100K in total across 1 funding round.
Beltways Inc. has raised $100K in total across 1 funding round.
Beltways Inc.'s investors include Heroic Ventures, KittyHawk Ventures, Space Capital, Andrew Viterbi.
Beltways Inc. is a technology company that designs and builds a patented, modular accelerating pedestrian transit system capable of speeds up to 10 mph, which is about 10 times faster than conventional airport walkways. Their system is aimed at improving pedestrian flow and reducing travel times in environments such as airports, amusement parks, universities, and urban transit hubs. The technology incorporates smart motion activation, IoT sensors for safety and energy efficiency, and an enterprise SaaS platform that provides analytics on passenger movement, energy usage, and system maintenance. This combination addresses the need for faster, safer, and more energy-efficient pedestrian transit solutions[1][2].
Founded in 2020 by brothers Matine and John Yuksel, Beltways builds on an idea originally conceived by their father, Edip Yuksel, during his university days in Turkey. The concept of a modular, pit-less accelerating walkway was revived by the brothers during the 2020 pandemic, leading them to develop the technology further. They relocated the company to Northern Kentucky near Cincinnati/Northern Kentucky International Airport (CVG) to leverage affordable real estate, manufacturing partners, and capital access. Early traction came from pilot offers at airports, and the company has since raised over $3 million in funding to support growth and pilot demonstrations[1][3].
Beltways is positioned at the intersection of urban mobility innovation and smart infrastructure. It rides the trend toward sustainable, efficient last-mile transit solutions that enhance walkability and reduce reliance on cars or traditional transit. The timing is favorable due to increasing urbanization, demand for contactless and energy-efficient transit options post-pandemic, and growing interest from airports and city planners in new mobility technologies. Beltways’ modular, scalable system could become a key pillar in future urban transit ecosystems, influencing how cities and large venues manage pedestrian traffic and connectivity[3][5].
Looking ahead, Beltways aims to launch public pilot demonstrations at U.S. airports soon, with plans to expand into other markets such as private venues and urban developments. Trends shaping their journey include the push for greener, smarter cities and the integration of IoT and data analytics in infrastructure. As Beltways scales, it may redefine pedestrian transit by making fast, safe, and energy-efficient walkways a standard feature in airports and urban centers worldwide, accelerating humanity’s movement in a literal and figurative sense[3][5].
Beltways Inc. has raised $100K across 1 funding round. Most recently, it raised $100K Seed in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $100K Seed | Heroic Ventures, KittyHawk Ventures, Space Capital, Andrew Viterbi |