AI Transportation Startup Cyvl Raises $6M to Optimize Infrastructure

Cyvl.ai, a Somerville, MA-based enterprise AI company for transportation infrastructure, raised $6M in funding. The round was led by Companyon Ventures, with participation from Argon Ventures, AeroX Ventures, Alumni Ventures, and existing investors.

The funding will fuel Cyvl.ai's operations expansion to meet demand for its AI solutions in transportation infrastructure management. Key areas include product development, hiring, and establishing partnerships.