Raised by our startups
Projects between our partners and startups
Drive TLV is a unique innovation hub focused on smart mobility solutions.
We create effective collaborations between handpicked startups and our corporate partners, leading to commercial agreements.
Our partners rely on Drive TLV to bring top emerging technologies to their doorstep – and tailor solutions to their particular needs. We build a close relationship with each and every partner, gaining an understanding of their needs and innovation interests. We are able to create effective matches between partners and startups, based on real market needs.
FastLane is Drive's commercialization program.
It offers smart mobility startups the opportunity to go to market... fast. With close access to leading corporate partners, success is just around the corner.
Waycare has been acquired for $61 million
Congrats to Waycare, for the $61M acquisition by US-based Rekor Systems. Waycare has developed an AI solution that aggregates and processes data from various sources to help government agencies with crash prediction, congestion detection, and incident management and identification.
Voyage81 has been acquired for $40 million
Congrats to Voyage81 for a $40M acquisition by the tech-driven beauty brand, IL MAKIAGE.
Voyage81, Drive TLV’s batch #4 alumni, has developed a software that generates so-called hyperspectral-imaging data from smartphone pictures.
Foretellix raises $32M in Series B
The round was led by MoreTech Ventures, alongside strategic partners of Drive TLV - Volvo Group, and Next Gear Ventures.
The company is experiencing a rapid increase in demand for its platform coming from leading OEMs and Tier1s developing ADAS and AV products, both on and off-road.