Catch Up with Us
Businesswire.com, April 5th, 2021
InfiniDome announces the closure of a pre-series A round of $2.4 Million
InfiniDome, the world’s leading GPS Security Company, is closing a pre-series A round that includes investments from Next Gear Ventures, the lead investor which led infiniDome’s earlier seed funding round, along with Honeywell Ventures that joined this round of funding,
News.cision.com, March 2nd, 2021
Volvo Autonomous Solutions forms Partnership with Foretellix
Volvo Autonomous Solutions has signed an agreement with verification experts Foretellix to jointly address the challenges of large-scale verification of autonomous driving solutions on highways and confined areas, such as mines.
Ha'aretz.com, January 4, 2021
Arbe Eyes IPO at Valuation of Up to $450 Million.
Calcalistech.com, July 27, 2020
DRIVE alumni and Automotive cybersecurity startup Cybellum raises $12 million
Cybellum develops a system that provides original equipment manufacturers (OEMs) and Tier-1 suppliers with automatic software risk assessments through an agent-less and on-premise end-to-end program.
Calcalistech.com, July 7, 2020
DRIVE alumni's autonomous vehicle startup, VayaVision acquired by Canada’s LeddarTech
VayaVision, the startup that develops a data processing systems compatible with a variety of autonomous sensor systems, cameras and radars is acquired for an undisclosed amount.
TheJerusalemPost.com, June 10th, 2020
Upstream, DRIVE fastlaner, secures investment from cloud tech giant; Salesforce
The automotive data service start-up Upstream offers cloud-based data services for connected cars, including cybersecurity protection secured an investment from Salesforce Ventures.
Globes, April 16th, 2020
DRIVE alumni Autofleet: AI fleet optimization company raises $7.5m
Autofleet offers fleet owners and operators the tools to thrive and innovate in the new mobility landscape by automating fleet management for organizations including rental car companies, car sharing operators and car manufacturers to optimize existing business models and enable the launch of new mobility services.
Business Insider, January 6th, 2020
Valeo and Moodify, DRIVE alumni, collaborate to bring an end to car malador
Valeo and Moodify, an Israeli company that develops advanced scent solutions, are announcing their first collaboration. Together, they will bring to market a ground breaking solution to car malodor.
AutoMotive News, November 25th, 2019
Ottopia’s CEO and founder, explaining why countries are legalizing teleoperation.
Teleoperation enables a human operator to control vehicles from far away. In July, Florida became the sixth state to explicitly allow autonomous vehicle companies to use remote operators...
CalcalistTech.com, March 18th, 2021
Arbe Robotics headed to Nasdaq via SPAC merger at a valuation of $723 million
Founded in 2015, Arbe developed the world’s first ultra-high resolution 4D Imaging Radar that has 12x better resolution than other radars currently in the market. Its technology can alert autopilot, or steering features of objects in the way in order to avoid them at the right moment.
Businesswire.com, February 16th, 2021
infiniDome Delivers GPS Monitoring and Protection Solution to Israel Railways
The project involves deployment by Focus Telecom of GPS repeaters at more than 30 railway stations across Israel, providing accurate, location-based service indoors at all locations for a new Israel Railways ticketing app
Forbes.com, September 15, 2020
BMW To Install Tactile Mobility Sensing Tech In Every Model, Brand
BMW Group has entered into an agreement with Tactile Mobility, DRIVE alumni. to install sensing software across its product line and brands that will provide information about road and vehicle conditions to increase performance and safety.
Calcalistech.com, June 15th, 2020
Israeli driver-awareness monitoring startup ADAM CogTech raises $2 million
ADAM CogTech's technology can identify a driver’s cognitive state; determine whether a vehicle operator is under the influence of drugs or alcohol and a driver’s reaction to light stimulation. Their technology is based on advanced research in the fields of brain science, artificial intelligence, and machine learning.
Calcalistech.com, May 18th, 2020
Tactile, DRIVE alumni's technology to be incorporated in Porsche's vehicles, increasing road grip and mobility
Tactile Mobility's technology to be incorporated in Porsche's vehicles, providing smart and autonomous vehicles with the missing tactile sensing and data that improves road grip and mobility.
Forbes, April 1st, 2020
Drive-By Heat Sensors by UVeye Could Help Detect Vehicle Occupants With COVID-19
UVeye says thermal sensors on its drive-through vehicle inspection stations can help detect drivers and passengers who may have a fever, providing a valuable heads up to health professionals.
Reuters, December 16th, 2019
Arbe, DRIVE alumni, raises $32 million in private funding round
Tel Aviv-based startup Arbe has developed a high-resolution radar chipset that it says is a game changer for the automotive industry. Now, with a fresh injection of $32 million in capital, it’s pushing to bring it into production
Globes.com, March 16th, 2021
RAVIN.AI raises ac$15 million series A led by KAR Global
Ravin, which was founded in 2018, provides automated artificial intelligence solutions for vehicle inspections serving diverse fleet, insurance and remarketing customers worldwide
Calcalistech.com, February 2nd, 2021
CYE raises $120 million series A led by European VC giant EQT
Businesswire.com, December 2, 2020
Actasys announces $5M venture capital funding, round lead by Volvo Cars Tech Fund and Next Gear Ventures.
Actasys announces $5M venture capital funding to commercialize automotive sensor cleaning system. Volvo Cars Tech Fund and Next Gear Ventures lead the investment round.
Businesswire.com, June 10, 2020
DRIVE alumni and GPS Security Startup InfiniDome raises $1.6 Million
InfiniDome provides front-end cyber solutions protecting wireless communications from jamming and spoofing attacks. The investment will help strengthen protecting connected and AI-equipped driverless vehicles.