Announced
Completed
Synopsis
The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, led a $90m Series C round in Hayden AI, a company transforming how cities leverage infrastructure with AI, with participation from Drawdown and Autotech Ventures. “Large cities have a dual mandate of increasing operational performance and safety of their public transit systems while improving their energy efficiency. Hayden AI’s proprietary technology offers a solution that sits at the intersection of accessibility, safety, and sustainability and is well aligned with The Rise Fund’s pursuit of rapidly growing businesses that deliver social and environmental impact at scale. Leveraging Hayden AI’s industry-leading accuracy and adaptability, we look forward to building on their success with the largest US cities to scale their technology into additional use-cases and new cities domestically and internationally,“ Steve Ellis, The Rise Funds Managing Partner.
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