Milênio Bus

Milênio Bus is a Brazilian startup founded in 2017, focusing on innovative solutions for the public transportation sector. The company's utilization of IoT (Internet of Things), Artificial Intelligence, and Computer Vision technologies sets it apart. The slogan "Somos uma plataforma inovadora, gerando dados em tempo real, otimização das frotas e inteligência no transporte público!" highlights the real-time data generation and fleet optimization provided by their platform. The company has developed three primary products: hardware, application, and software to effectively address the challenges faced in the rapid, dynamic environment of public transportation. The hardware is capable of accurately counting passengers as they board and alight the buses. This real-time passenger count data is then transmitted to the application, enabling users to make informed decisions on which bus to take based on passenger occupancy. The software aggregates the hardware data, offering a platform for real-time tracking and analytics for transportation managers, enabling them to strategize and optimize vehicle deployment. Milênio Bus's system provides benefits to various stakeholders, including bus companies, passengers, and local authorities. The real-time passenger information facilitates better planning and service quality for the bus companies, empowers passengers to make informed decisions, and offers authorities transparent insights into public transportation usage. The last known investment was a Pre-Seed Round investment on 07 April 2018, with participation from BMG UpTech and Bossanova Investimentos. The company operates from Brazil and operates in the AI, Computer Vision, IoT, and Transportation industries. In conclusion, Milênio Bus is addressing a critical need in the public transportation sector by leveraging advanced technologies to provide real-time insights and optimization solutions, garnering support from notable investors in their early stages of development.