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

  • Truck platooning trials take to the highways
    July 24, 2017
    There is rising enthusiasm in America and beyond for the concept of truck platooning with trials being planned in several US states, as David Crawford reports. Growing numbers of US states are considering or implementing plans for trials of electronically-linked truck platooning on public road networks. This is in response to the interest being shown by the US$70bn a year road freight industry, where fuel represents 41% of the operating costs making the prospect of improving fuel economy by trucks travellin
    Read More
  • Dutch strike public/private balance to introduce C-ITS services
    November 15, 2017
    Connected-ITS applications are due to appear on a nation-wide scale this summer, through the Netherlands’ Talking Traffic Partnership – if all goes to plan. Jon Masters reports. The Netherlands’ Talking Traffic Partnership (TTP) looks almost too good to be true: an artificial market set up and supported by national, regional and local government to accelerate deployment of Connected ITS (C-ITS) applications. If it does have any serious flaws, these are going to become apparent quite soon, because the first
    Read More
  • Advanced in-vehicle user interface - future developments
    February 1, 2012
    Dave McNamara and Craig Simonds, Autotechinsider LLC, look at human-machine interface development out to 2015. The US auto industry is going through the worst crisis it has faced since the Great Depression. But it has embraced technologies that will produce the best-possible driving experience for the public. Ford was the first OEM to announce in-car internet radio and SYNC, its signature-branded User Interface (UI), is held up as the shining example of change embracement.
    Read More
  • California authorises Baidu to test AVs
    February 2, 2021
    Cars can drive on specific roads up to 45 miles per hour - but not in fog or heavy rain
    Read More

Highlighted Content