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

  • Econolite shares tips to get C/AV-ready
    August 24, 2022
    As more tech-based ATMS and sensors come online, how do we make these technologies functional and practical in existing infrastructure - particularly for data-hungry C/AV systems? Sunny Chakravarty and Dustin DeVoe of Econolite have some ideas
    Read More
  • Highways England highlights enforcement business
    April 16, 2019
    Enforcement policies need to start focusing much harder on business users, says a new initiative from Highways England. Geoff Hadwick reports on what this could mean for cutting work-related injuries and incidents
    Read More
  • ITS instrumental in reducing Texan congestion
    September 4, 2018
    ITS projects in the Houston area have seen costs crunched – and even a system failure has proved valuable in analysing performance. David Crawford reports on developments in the Lone Star state Savings by Texan public agencies are major factors in the recent ITS Texas awards, recognising beneficial initiatives in bridge strike prevention and traffic intersection control. In the first, the Texas Department of Transportation (TxDOT)’s Houston District, covering the state’s most populous city and its surround
    Read More
  • America explores road user charging options
    November 14, 2017
    Jack Opiola casts an eye over the numerous road user charging pilots underway in the US. In the USA, congestion mitigation and improving mobility have often focused on network improvements, increased road capacity, improved public transport, high-occupancy toll (HOT) lanes or ‘express lanes’ and ITS measures – all of which require political capital and major funding. Nowadays, political capital is as hard to obtain as funding because more political leaders are recognising the decline of fuel excise tax
    Read More

Highlighted Content