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
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Ception Technologies Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Shapir
& 1 more
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Employee Count
Employee Count
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Acquired by
DriveU.auto
(Jun 01, 2023)
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Products & Services of Ception Technologies
Ception Technologies offers a comprehensive portfolio of products and services, including Ception Core and MineCept. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Seed - Ception Technologies | Valuation | Shapir |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Engineering infrastructure and civil construction services are provided.
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Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Ception Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ception Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ception Technologies Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-based navigation and location mapping solutions are developed.
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Location-based services and mapping solutions are provided globally.
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Real-time, historical, and predictive traffic data solutions are provided.
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Digital maps, telematics, and dynamic traffic information solutions are provided.
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Transportation analytics solutions are provided via a data platform.
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| domain | founded_year | HQ Location |
Provider of positioning and navigation solutions for farm tractors
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ception Technologies
Frequently Asked Questions about Ception Technologies
When was Ception Technologies founded?
Ception Technologies was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Ception Technologies located?
Ception Technologies is headquartered in Jerusalem, Israel. It is registered at Jerusalem, Jerusalem District, Israel.
Who is the current CEO of Ception Technologies?
Tal Israel is the current CEO of Ception Technologies. They have also founded this company.
What does Ception Technologies do?
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.
Who are the top competitors of Ception Technologies?
What products or services does Ception Technologies offer?
Ception Technologies offers Ception Core and MineCept.
Who are Ception Technologies's investors?
Ception Technologies has 2 investors. Key investors include Shapir, and DriveU.auto.