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

  • Here and Mitsubishi unveil road hazard alert system
    May 22, 2019
    Here Technologies has piloted a system with Mitsubishi Electric which it claims can enable vehicles to automatically warn others about upcoming road hazards with lane-level precision Here says the Lane Hazard Warning platform enables an event detected by a vehicle’s sensors – such as a slow car or pothole – to be localised to a specific lane. This information can then be transmitted in real time via the cloud to other vehicles approaching the same area, the company adds. Hiroshi Onishi, executive office
    Read More
  • Last call for first AV to Michigan Central
    April 12, 2024
    Detroit's redeveloped railway station will be one of stops on new AV route in city
    Read More
  • University of Michigan’s M City to test autonomous driving
    March 27, 2015
    The University of Michigan is creating the Mobility Transformation Center (MTC), in partnership with government and leading tech companies, as a means to test and develop the infrastructure and in-vehicle components to make autonomous vehicles a reality. M City, the nickname for the MTC, is a mock city that allows developers to test a fully autonomous driving experience in a real-world environment. With completion scheduled for July, the 32-acre facility on U of M’s North Campus will include buildings,
    Read More
  • Connected Vehicles test vehicle to vehicle applications
    January 19, 2012
    In the US, the ITS Joint Program Office is about to conduct a series of Driver Clinics intended to gauge public reaction to Connected Vehicle safety technologies and applications. Starting in August, the US Department of Transportation (USDOT) will test Vehicle-to-Vehicle (V2V) applications with everyday drivers in what it describes as 'normal operational scenarios'. These Driver Clinics are being carried out at six locations across the US and together with the subsequent model deployment beginning in 2012,
    Read More

Highlighted Content