Tech Company Financing Transactions

Foretellix Funding Round

On 5/2/2023, Foretellix raised $43 million in Series C funding from 83North, Artofin VC and Jump Capital.

Transaction Overview

Company Name
Announced On
5/2/2023
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to accelerate the development of its product portfolio and accelerate expansion across new geographies.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
11 Menahem Begin, Rogovin Tidhar building
Ramat Gan, 99999
IL
Email Address
Overview
Foretellix's mission is to enable 'measurable safety' of ADAS & autonomous vehicles, enabled by a transition from measuring 'quantity of miles' to 'quality of coverage'. Foretellix tackles the most challenging barrier to autonomous vehicle deployment -- Safety: ensuring the autonomous vehicle behaves properly under all possible driving conditions including edge cases. Foretellix develops intelligent automation and analytic tools to orchestrate and monitor 100's of millions of driving scenarios including edge cases, providing the confidence required to allow the broad deployment of ADAS & autonomous vehicles and to unleash the full potential of the autonomous revolution.
Profile
Foretellix LinkedIn Company Profile
Social Media
Foretellix Company Twitter Account
Company News
Foretellix News
Facebook
Foretellix on Facebook
YouTube
Foretellix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ziv Binyamini
  Ziv  Binyamini LinkedIn Profile  Ziv  Binyamini Twitter Account  Ziv  Binyamini News  Ziv  Binyamini on Facebook
Chief Financial Officer
Doron Ilan
  Doron Ilan LinkedIn Profile  Doron Ilan Twitter Account  Doron Ilan News  Doron Ilan on Facebook
Chief Technical Officer
Yoav Hollander
  Yoav Hollander LinkedIn Profile  Yoav Hollander Twitter Account  Yoav Hollander News  Yoav Hollander on Facebook
Co-Founder
Gil Amid
  Gil Amid LinkedIn Profile  Gil Amid Twitter Account  Gil Amid News  Gil Amid on Facebook
VP - Marketing
Gil Reiter
  Gil Reiter LinkedIn Profile  Gil Reiter Twitter Account  Gil Reiter News  Gil Reiter on Facebook
VP - R & D
Ron Grosberg
  Ron Grosberg LinkedIn Profile  Ron Grosberg Twitter Account  Ron Grosberg News  Ron Grosberg on Facebook


 

 

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Prev: 5/2/2023: Pietra venture capital transaction
Next: 5/2/2023: Aligned venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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