- viAct, a Hong Kong-based AI company, has raised $7.3 million in a Series A round led by Ireland’s VentureWave Capital, with participation from Singtel Innov8 and Korean Investment Partners. The company plans to expand aggressively in the Middle East, particularly Saudi Arabia, to support its booming construction and energy sectors with AI-driven safety and productivity solutions.
- Founded in 2016, viAct serves over 200 contractors globally with its AI-powered platform for real-time risk detection, predictive analytics, and automated compliance. Its solution has helped companies prevent thousands of incidents while improving project timelines, operational efficiency, and profitability across sectors including construction, oil & gas, and logistics.
- With this funding, viAct will grow its AI R&D, build local teams in MENA, and localise its technology to meet the region’s environmental, regulatory, and operational needs.
Press release:
Workplace safety isn’t just about compliance—it’s about protecting lives, preventing costly delays, and driving business profitability. Yet, for decades, industries like construction, oil & gas, and manufacturing have relied on reactive measures, addressing safety incidents only after they occur. AI is changing that. By leveraging real-time risk detection, predictive analytics, and automated interventions, companies are now transforming safety into a strategic advantage that enhances efficiency, reduces financial losses, and accelerates project timelines.
One company at the forefront of this revolution is viAct and with its latest funding, it’s poised to redefine how safety impacts the bottom line.
viAct, an AI-powered impact monitoring platform, announced the close of its US$7.3M Series A round, led by Dublin-based private equity firm VentureWave Capital, with participation from the CVC of Asia’s leading communications technology group Singtel, Singtel Innov8, Korean Investment Partners, and The PolyU Entrepreneurship Investment Fund. This funding marks a major milestone in viAct’s mission to redefine workplace safety not just by preventing accidents but by transforming safety into a profit-driving advantage for businesses.
viAct, a pioneer in AI-driven safety solutions, has developed an ecosystem that reduces costly delays, improves operational efficiency, and maximises project profitability while ensuring compliance and worker well-being. This has made it the first choice for 200+ contractors worldwide.
Unlike traditional site monitoring, which relies on manual oversight and fragmented tools, viAct’s AI-powered platform delivers real-time risk detection, predictive analytics, and automated interventions. This allows companies to reduce downtime, avoid expensive disruptions, and accelerate project timelines. The result? Double-digit efficiency gains, lower insurance costs, and stronger bottom-line performance.
While many AI solutions address isolated challenges like PPE compliance or hazard detection, viAct has been pioneering a holistic AI monitoring platform since 2016. Seamlessly integrating proprietary computer vision models with advanced AI Agents, viAct does not just enhance safety; it optimizes workflows, prevents costly errors, and boosts overall site productivity across industries like construction, oil & gas, mining, logistics, facility management, and manufacturing.
The business case for AI-driven safety is undeniable. Companies using viAct’s solutions have prevented thousands of workplace incidents, significantly reducing liability and insurance claims. By mitigating risks in real time, projects are completed faster, minimising unexpected delays and financial losses. AI automation has also improved workforce productivity, eliminating the need for manual compliance tracking while ensuring seamless regulatory adherence. Moreover, viAct’s AI optimises resource use, helping businesses achieve sustainability targets faster and reduce environmental impact.
With this latest funding, viAct is set to:
- Advance AI capabilities – Developing more sophisticated models for hazard prediction, environmental compliance, and workforce safety to help businesses maximise efficiency while maintaining regulatory compliance.
- Expand globally – Strengthening its presence in the Middle East, particularly Saudi Arabia, where demand for AI-driven safety and operational efficiency solutions is growing rapidly.
- Grow its team – Attracting top AI, engineering, and sustainability talent to push the boundaries of innovation and industry transformation.
This investment is more than just capital; it is a catalyst for reshaping workplace safety into a strategic business advantage. As industries worldwide tighten regulations and demand greater accountability, viAct is bridging the gap between compliance and profitability, proving that safety is not just a legal requirement but also a competitive edge.
In this context, both Gary Ng and Hugo Cheuk emphasise viAct’s commitment to pushing the boundaries of AI, with a strong focus on empowering stakeholders to drive critical impact in the society.
“We envision a future where construction is synonymous with innovation, safety, and sustainability,” said Gary Ng, Co-founder and CEO of viAct. “This funding is not just a financial milestone—it is a catalyst for change. Our goal is to redefine industry standards, positioning viAct at the forefront of this transformation. With our cutting-edge AI solutions, we aim to empower every stakeholder to achieve unprecedented levels of efficiency and responsibility.”
In the cosmopolitan when industries are embracing automation for an improved operation, viAct’s innovation has been becoming indispensable for contractors, manufacturers, and enterprise leaders worldwide. More than just an AI solution, viAct has become the flag bearer of the movement toward smarter, safer, and more sustainable industrial practices on a global scale.
Echoing this vision, Hugo Cheuk, Co-founder and COO of viAct, stated:
“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.”
“Singtel Innov8 is proud to support viAct in its mission to enhance workplace safety for frontline workers,” said Sharan Makhija, Senior Director – Investments of Singtel Innov8. “viAct’s AI-powered platform can leverage 5G networks to enable real-time monitoring, instant alerts, and data-driven insights. By integrating AI with 5G connectivity, viAct enhances operational efficiency, ensures proactive hazard detection, and helps create safer, more responsive work environments.”
The message is clear: smart safety pays off. Contractors using viAct are not just preventing accidents; they are reducing liabilities, completing projects faster, and driving higher profitability.
With AI taking the guesswork out of risk management, safety is no longer a burden but a growth enabler. As industries push for efficiency, compliance, and sustainability, viAct is proving that the safest sites are also the most successful.