About Ception Technologies
Ception Technologies is a company based in Jerusalem (Israel) founded in 2019 by Tal Israel and Yossi Buda was acquired by DriveU.auto in June 2023. Ception Technologies offers products and services including Ception Core and MineCept. Ception Technologies operates in a competitive market with competitors including TomTom, HERE, Inrix, NavInfo and StreetLight, among others.
- Headquarter Jerusalem, Israel
- Founders Tal Israel, Yossi Buda
- SectorsTransportation, Automotive & LogisticsTechnology
- Email••••••••
- Website ception.ai
- Social LinkedIn
- Acquired by DriveU.auto (Jun 2023)
- Legal Name Ception Technologies Ltd
- InvestorsShapir
& 1 more
- Acquired byDriveU.auto
(Jun 2023)
Products & Services of Ception Technologies
Ception Technologies offers a comprehensive portfolio of products and services, including Ception Core and MineCept.
AI platform for precise mapping and navigation in industrial applications.
AI solution for enhancing safety and productivity in mining operations.
Funding Insights of Ception Technologies
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Ception Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | – | Seed | – | Shapir | – |
2 investors in total: 2 institutional.
Investors in Ception Technologies
Ception Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Shapir and DriveU.auto.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Engineering infrastructure and civil construction services are provided. | 1968 | shapir.co.il | Petah Tikva, Israel | |
Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform. | 2019 | driveu.auto | Kfar Saba, Israel |
Investor details for Ception Technologies
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People of Ception Technologies
2 people are tracked at Ception Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
Tal Israel | Co-Founder & CEO | Leadership |
Yossi Buda | Co-Founder | Leadership |
Complete people profiles for Ception Technologies
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Timeline of Ception Technologies
3 dated milestones of Ception Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Ception Technologies is founded.
- Funding First funding round.
- Exit Acquired by DriveU.auto.
Competitors of Ception Technologies
Ception Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TomTom, HERE, Inrix, NavInfo and StreetLight, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tomtom.com | 1991 | Amsterdam, Netherlands | – | 273 | SaaS-based navigation and location mapping solutions are developed. | |
| here.com | 1985 | Eindhoven, Netherlands | – | – | Location-based services and mapping solutions are provided globally. | |
| inrix.com | 2004 | Kirkland, United States | $143.1M | 126 | Real-time, historical, and predictive traffic data solutions are provided. | |
| navinfo.com | 2002 | Beijing, China | $185M | 1 | Digital maps, telematics, and dynamic traffic information solutions are provided. | |
| streetlightdata.com | 2010 | San Francisco, United States | $40.54M | 95 | Transportation analytics solutions are provided via a data platform. | |
| swiftnav.com | 2012 | San Francisco, United States | $247.6M | 102 | Provider of positioning and navigation solutions for farm tractors | |
| cyclomedia.com | 1980 | Zaltbommel, Netherlands | $29.36M | 128 | Geographical Imaging Soultions | |
| pointonenav.com | 2016 | San Francisco, United States | $37.49M | 34 | Cloud-based ultra-precise location services are delivered via GPS and sensors. | |
| dynamic-maps.co.jp | 2016 | Tokyo, Japan | $50.1M | – | Mapping solutions for autonomous vehicles | |
| sygic.com | 2004 | Bratislava, Slovakia | – | – | Voice-guided GPS navigation, HUD, and blackbox apps are developed. |
Detailed competitors of Ception Technologies
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Latest news on Ception Technologies
Complete news archive for Ception Technologies
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Similar companies to Ception Technologies
10 companies that operate in the same segment as Ception Technologies (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 1,800 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 1,460 |
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Frequently Asked Questions about Ception Technologies
Ception Technologies was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Ception Technologies is headquartered in Jerusalem, Israel. It is registered at Jerusalem, Jerusalem District, Israel.
Tal Israel is the current CEO of Ception Technologies. They have also founded this company.
Ception Technologies was founded in 2019 in Jerusalem, Israel, focusing on the autonomous vehicle sector. Advanced computer vision and deep learning algorithms are employed to create a multi-layer localization system. Pre-existing data from diverse sources is integrated with real-time inputs from vehicle sensors for precise positioning. Solutions are provided for navigation, ADAS, parking assistance, and full autonomous driving applications.
Ception Technologies offers Ception Core and MineCept.
Ception Technologies has 2 investors. Key investors include Shapir, and DriveU.auto.
Ception Technologies operates through Ception Technologies Ltd.
Yes. Ception Technologies was acquired by DriveU.auto in June 2023.