
viAct
viAct is a technology company.
Financial History
viAct has raised $7.0M across 1 funding round.
Frequently Asked Questions
How much funding has viAct raised?
viAct has raised $7.0M in total across 1 funding round.

viAct is a technology company.
viAct has raised $7.0M across 1 funding round.
viAct has raised $7.0M in total across 1 funding round.
viAct has raised $7.0M in total across 1 funding round.
viAct's investors include SOSV.
viAct is a Hong Kong-based technology company founded in 2016 that builds an AI-powered workplace safety platform using computer vision and IoT for real-time monitoring in high-risk industries like construction, oil & gas, manufacturing, mining, and facility management[1][2][3][4]. It serves construction firms, EHS leaders, and heavy industry operators across Asia, Europe, and expanding markets like Indonesia, Vietnam, and Singapore, solving critical problems such as worker safety hazards, compliance violations, productivity losses, theft, and environmental risks through automated detection of issues like PPE non-compliance, danger zone intrusions, work-at-height violations, and fleet management[1][2][4]. With over 50 AI/IoT solutions, including 30+ pre-built modules trained on millions of construction data points, viAct delivers 24/7 alerts, reducing accidents by 95%, manpower costs by 70%, and injury costs by $1M per case, while enabling ESG improvements and post-construction digital twins via integrations like Autodesk Forge[1][2][3].
Funded by SOSV, Artesian, Alibaba, and Vectr Ventures with $2M raised, viAct has earned recognition as a Top 100 Global ConTech Startup (2019) and Top 50 (2020), demonstrating strong growth even amid COVID-19, with 30+ customers and 30,000+ hours of on-site operations as of 2021[2][3].
viAct was co-founded in 2016 by Gary Ng (CEO, former founder of Customindz) and Hugo Cheuk (COO, former founder/CEO of Cliptage) in Hong Kong, amid Asia's booming construction sector needing better safety monitoring beyond unreliable human oversight[1][2][3]. The idea emerged from recognizing that accidents in construction—unpredictable and occurring in hard-to-watch areas—could be prevented with AI vision tech processing video from cameras, drones, and phones for round-the-clock risk detection, even in extreme weather[2][4]. Early traction came from developing proprietary "Scenario-based Vision Intelligence" with thousands of pre-processed data points, leading to exponential growth, awards from BuildWorld/PwC and CEMEX Ventures, and a $2M funding round highlighted in TechCrunch (2021), fueling expansion into civil works, infrastructure, smart cities, and beyond[2][3].
viAct rides the ConTech and AI safety wave, addressing a $10T+ global construction market plagued by 1 in 10 worker deaths and regulatory pressures for ESG/sustainability amid urbanization in Asia (e.g., smart cities, infrastructure)[1][2][4]. Timing aligns with post-COVID labor shortages, IoT/5G proliferation, and BIM adoption, amplified by market forces like Indonesia/Vietnam growth and mandates for zero-accident sites[1][2]. It influences the ecosystem by pioneering "V4S" standards, enabling digital twins for lifecycle management (construction to operations), and fostering AI interoperability—pushing competitors toward vision intelligence while partners like Autodesk expand post-build applications[1][5].
viAct is poised for hypergrowth by layering LLM-powered autonomous agents onto its vision platform, automating workflows in heavy industries and scaling to global smart infrastructure projects[5]. Trends like AI regulation, ESG mandates, and edge computing will accelerate adoption, potentially tripling customers as it penetrates North America/Middle East. Its influence may evolve from Asia's safety pioneer to a full-stack AI ops leader, redefining risk-free workplaces—echoing its founding mission to automate what humans can't watch 24/7[2][4].
viAct has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Series A in April 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2025 | $7.0M Series A | SOSV |