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

  • C/AV technology will be ‘life-altering revolution’
    July 20, 2018
    Preparing for the challenges - and promises - of connected and automated vehicles and other emerging transportation technologies does not necessarily mean investing in actual hardware. Matthew Smith identifies eight key points that US transportation authorities need to look at. Transportation technology is moving rapidly. With the advent of connected and automated vehicle (C/AV) technology, the nation is on the verge of experiencing a major transportation revolution: a life-altering revolution akin to th
    Read More
  • Nervous about AV travel? You’ll get the Gist
    February 4, 2025
    Help is on the way for those anxious folk who will accept rides from automated vehicles but may feel uncomfortable doing so, reports David Arminas
    Read More
  • Curiosity Lab enters partnership on AV research
    September 12, 2019
    A US transport research organisation has partnered with the Georgia Institute of Technology and Delta Airlines to advance autonomous vehicle (AV) and infrastructure research. Curiosity Lab at Peachtree Corners is a 5G-enabled autonomous vehicle (AV) test bed with a 1.5 mile AV track. The deal will provide Georgia Tech researchers with access to Curiosity Lab’s test track and laboratory. The lab features dedicated fibre, smart poles and a network operations centre for researchers to track data from connecte
    Read More
  • AVs and poor weather – a bad mix
    May 11, 2020
    The US DoT has produced a report on how adverse weather and road conditions will affect automated vehicles – it found inconsistency between different cars with these features which are already on highways and suggests limitations are not yet understood
    Read More

Highlighted Content