To expand in MENA and Europe
viAct, an impact-driven artificial intelligence startup transforming safety in high-risk industries, has raised US$7.3 million in a Series A funding round. The investment was led by Dublin-based Venturewave Capital, with support from Singtel Innov8, Korea Investment Partners, and the PolyU Entrepreneurship Investment Fund.
The strategic capital injection will facilitate viAct’s expansion across the Middle East, North Africa (MENA), and Europe, enhance its AI capabilities, and grow its international team. The funding will also allow viAct to improve its AI algorithms for more advanced hazard prediction. Environmental monitoring and worker safety are key priorities. The company is also recruiting new talent in artificial intelligence, engineering, and sustainability to push further the boundaries of what safety automation can achieve.
Founded in Hong Kong, viAct has created a comprehensive AI-powered ecosystem that proactively detects risks, ensures compliance, and enhances efficiency across the construction, mining, and manufacturing sectors.
Traditional safety practices have historically been reactive, addressing issues only after incidents occur. viAct’s real-time monitoring platform transforms this model by predicting and preventing hazards before they happen.
viAct differentiator
Unlike fragmented safety tools or manual oversight systems, viAct’s solution integrates proprietary computer vision models to provide comprehensive site supervision.
Since its founding in 2016, the company has prevented thousands of workplace incidents, significantly improved operational efficiency, and accelerated companies’ progress toward sustainability goals. Its innovations have enhanced safety and established AI as a strategic enabler in some of the world’s most hazardous workplaces.
With a growing presence in high-growth markets like Saudi Arabia, viAct aims to meet surging demand for advanced safety technologies across the MENA region. The company is also expanding its presence in Europe, where stricter regulatory standards and a focus on green transformation push industries to adopt more innovative and sustainable practices.
Stakeholders’ reaction
Gary Ng, Co-founder and CEO of viAct, described the investment as a turning point in the company’s mission. “We envision a future where construction is synonymous with innovation, safety, and sustainability. This funding is not just a financial milestone but a catalyst for change. We aim to redefine industry standards, positioning viAct at the forefront of this transformation.”
Alan Foy, Chairman and Managing Partner of VentureWave Capital, stated: “viAct is a prime example of how high-impact, scalable companies emerge from the global startup ecosystem. At Venturewave Capital, we back visionary founders leveraging technology to transform industries, and viAct is doing 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.”
Hugo Cheuk, Co-Founder and COO of viAct, noted the global urgency for more innovative safety systems. “As we expand into new markets, our commitment to leveraging AI for smarter safety practices has never been stronger. This investment allows us to enhance our technology and further our mission of creating a safer, more sustainable work environment.”
Investors are aligning closely with viAct’s long-term vision. Kum Tho Wan, Managing Director of Singtel Innov8, stated: “viAct’s AI-powered platform can leverage 5G networks to enable real-time monitoring, instant alerts, and data-driven insights. Integrating AI with 5G connectivity, viAct enhances operational efficiency, ensures timely and proactive hazard detection, and helps create safer, more responsive work environments.”
Korea Investment Partners also sees strong future potential. “viAct’s AI-driven solutions are transforming workplace safety and operational efficiency across high-risk industries,” said Synclare Kim, Head of KIPSEA.
“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.”
The Hong Kong Polytechnic University, where viAct was founded, expressed pride in the startup’s achievements. Kelvin Wong, Director of Knowledge Transfer and Entrepreneurship, said: “This funding milestone underscores the potential of homegrown talent, and we look forward to continuing our support as viAct scales globally.”
Orbit Startups, an early investor in viAct, believes the company is modernising one of the world’s most traditional industries. Oscar Ramos, Managing General Partner, remarked: “viAct’s AI-powered platform is transforming safety, productivity, and accountability on the ground. We’re proud to continue supporting the founders as they scale their impact and expand into new frontiers—especially across the Middle East, a region ripe for innovation in infrastructure and development.”
As industries worldwide race to meet evolving safety standards and sustainability targets, the need for intelligent safety solutions has never been greater. viAct addresses the critical pain points in high-risk environments, where compliance is often cumbersome, risks remain unchecked, and fragmented systems offer limited oversight.
ViAct envisions a future where safety becomes a strategic advantage rather than a regulatory burden. Through AI, the company empowers industrial leaders to predict and prevent incidents, boost performance, and stay aligned with environmental and governance goals.
Image: (L-R) Gary Ng, Co-Founder, viAct; Linda Liu, Vice President, VentureWave Capital; and Hugo Chuek, Co-Founder, viAct. Credit: viAct
