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

  • Goggo & Oxbotica drive AV logistics in Spain
    March 23, 2023
    Full autonomy is eventual plan as Goggo Network works with retailers such as Carrefour
    Read More
  • AWS enhances Aurora AV system 
    December 14, 2021
    AWS supports millions of virtual tests to validate the capabilities of the Aurora Driver 
    Read More
  • London needs just one road user charge, says report
    July 8, 2019
    London’s patchwork of road charging schemes should be replaced by a single, distance-based user charge, according to new research. Apart from anything else, it would be much fairer… The UK capital’s multiple road charging schemes require a radical overhaul, according to a new report by the Centre for London thinktank. The suggested solution is to replace existing levies on drivers with a single, distance-based user charge which would more fairly reflect how much, and at what time, people are using London
    Read More
  • Daimler and Baidu to develop automated driving and connectivity in China
    July 31, 2018
    German car manufacturer Daimler has extended its partnership with technology company Baidu in China to develop automated driving and connectivity projects. The companies partnered in 2017 to develop the Baidu Apollo, an open platform intended to support the major features and functions of automated vehicles. Daimler also joined the Apollo Committee, a group whose stated aim is to accelerate research on safer solutions in automated driving and promote the drafting of related regulations. In July, Dai
    Read More

Highlighted Content