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

  • Infrastructure and the autonomous vehicle
    December 12, 2014
    Harold Worrall ponders the effect of autonomous vehicles on transportation infrastructure. For the last century the transportation industry has been focused on the supply of infrastructure to support the ever growing fleet of vehicles and the greater number of miles covered by each vehicle. Our focus has been planning, funding, designing, building and maintaining roadways. Politicians, engineers, planners, financial managers … all of us have had this focus. We have experienced demand growth since the first
    Read More
  • SmartDrive launch new suite of sensors to tackle high-risk driving behaviour
    November 2, 2017
    SmartDrive Systems has introduced its SmartSense for Distracted Driving (SSDD), the first in a new line of intelligent sensors that are designed with the intention of identifying dangerous driving habits and intervening with drivers before a catastrophic event occurs. It uses computer vision-based algorithms along with SmartDrive’s video analytics platform to recognize when a driver is distracted.
    Read More
  • C/AV integration is ‘legislative nightmare’, warns ITS UK president
    February 23, 2018
    The integration of connected and autonomous vehicles (C/AV) into existing road systems “is going to be a legislative nightmare”, warned a former UK government transport minister. Giving the keynote speech at this week’s MaaSMarket conference in London, ITS UK president Steven Norris, said: “Don’t underestimate the legislative challenges – which are infinitely more complex than the technical ones. I can’t think of any development in human history which has posed so many legislative questions.” Chief among
    Read More
  • Cruise set for 'intensive testing'
    July 21, 2021
    Autonomous vehicle specialist Cruise received $5bn from GM last month to expand fleet
    Read More

Highlighted Content