Foretellix receives $14m to develop solution for AV testing

Israeli start-up Foretellix has received $14 million in funding to further develop a solution which measures the safety of autonomous vehicles (AV) in a range of scenarios. Foretellix says its coverage driven verification solution enables developers to test AVs in hundreds of millions of driving scenarios. Ziv Binyamini, CEO of Foretellix, says: “This funding will help us accelerate the industry transition from ‘quantity of miles’ to ‘quality of coverage’ and broad deployment.” The company then automat
January 23, 2019 Read time: 1 min

Israeli start-up Foretellix has received $14 million in funding to further develop a solution which measures the safety of autonomous vehicles (AV) in a range of scenarios.

Foretellix says its coverage driven verification solution enables developers to test AVs in hundreds of millions of driving scenarios.

Ziv Binyamini, CEO of Foretellix, says: “This funding will help us accelerate the industry transition from ‘quantity of miles’ to ‘quality of coverage’ and broad deployment.”

The company then automates the extraction and analytics of the safety related coverage metrics, which represent the percentage of scenarios proven to work in potential situations and conditions. This solution works with driving platforms such as simulators, test tracks and test vehicles.

The funding round was led by venture capital firms 83North, Jump Capital and Nextgear Ventures.

Related Content

  • Russia ramps-up technologies for transport communications
    March 28, 2018
    Covering an area almost as big as the US and Canada combined, Russia is planning to increase transport-related communications to improve road safety and traffic efficiency. Eugene Gerden reports. Russia’s government plans to increase road safety through the use of modern transport communication and the development of the relevant legislative base. Initially, particular attention will be on the introduction of connected cars and Vehicle to Anything (V2X) technologies. Russia has fewer than 60,000 connect
    Read More
  • IBTTA Summit: satellite tolling is the future
    August 15, 2019
    IBTTA members met in Florida to consider the technological changes that will impact their businesses – including satellite tolling. Colin Sowman reports from Orlando Over decades, the technology employed in toll collection has been honed to near perfection – automatic number plate recognition (ANPR) and radio frequency identification (RFID) tags are easily within a couple of per cent of infallibility even at highway speeds. However, technical innovations beyond the confines of the toll road cannot b
    Read More
  • Watch your step: the sidewalk robots are here
    March 14, 2023
    The way we order and pay for goods has changed radically – but what about how those goods are delivered? Gordon Feller looks at how sidewalk robots might reshape the urban landscape
    Read More
  • VW and partners to bring EV autonomous ride-hailing service to Israel
    November 2, 2018
    Volkswagen (VW), Mobileye and Champion Motors are to deploy a self-driving taxi service in Israel over the next four years. Operating under the name ‘New Mobility in Israel,’ the service is being tested as part of a Mobility as a Service (MaaS) model which uses autonomous electric vehicles (EV). Mobileye, an Intel company, will equip VW’s EVs with a level-4 autonomous vehicle kit – a driverless solution which consists of hardware, driving policy, safety software and map data. Champion Motors, an Isr
    Read More

Highlighted Content