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

  • German cars learning US traffic regulations
    September 19, 2014
    Mercedes-Benz is expanding its research activities in the US, now that it has received a licence permitting it to test autonomous vehicles on public roads in California. The company says it now plans to take autonomous driving to a new level in the US, despite the differences between US and German traffic systems, which it says are vast. While motoring in Germany commonly takes place on narrow roads, the roads in the USA are frequently wider and may have more than six or even eight lanes. Traffic lights
    Read More
  • Cohda Wireless to supply V2X technology for Berlin test
    April 1, 2019
    Cohda Wireless is to apply Vehicle to Everything (V2X) technology at an open test environment for connected and autonomous vehicle (C/AV) technologies in the centre of Berlin. Cohda will deliver its MK5 on-board units for large-scale field trials and roadside units at the Diginet-PS site, funded by the German Federal Ministry of Transport and Digital Infrastructure. The test site in the Strasse des 17. Juni is fitted with advanced vehicle positioning technology. Dr Manzoor Ahmed Khan, technical lead
    Read More
  • Taxi sector to lead self-driving market by 2025, say researchers
    November 24, 2016
    New findings from Juniper Research reveal that the annual production of self-driving cars will reach 14.5 million in 2025, up significantly from only a few thousands in 2020, to give a global installed base of more than 22 million consumer vehicles by 2025. The new research, Autonomous Vehicles & ADAS: Adoption, Regulation & Business Models 2016-2025, found that the market adoption of AV (Autonomous Vehicle) technology is set to accelerate over the next few years, driven by: Increasingly stringent vehicl
    Read More
  • US adopts automated enforcement… gradually
    March 4, 2014
    The US automated enforcement market is in rude health as the number of systems and applications continues to grow and broaden. Jason Barnes reports. Blessed and cursed – arguably, in equal measure – with a constitution which stresses the right to self-expression and determination, the US has had a harder journey than most to the more widespread use of automated traffic enforcement systems. In some cases, opposition to the concept has been extreme – including the murder of a roadside civil enforcement offici
    Read More

Highlighted Content