Foresight Automotive

Rehovot, Israel Founded: 1977 • Age: 49 yrs
Tech-enabled perception solution for autonomous vehicles

About Foresight Automotive

Foresight Automotive is a company based in Rehovot (Israel) founded in 1977.. The company has 72 employees as of December 31, 2024. Foresight Automotive offers products and services including Dragonfly Vision™, ScaleCam™, Mono2Stereo™, and QuadSight 2.0™. Foresight Automotive operates in a competitive market with competitors including Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, among others.

  • Headquarter Rehovot, Israel
  • Employees 72 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Foresight Autonomous Holdings Ltd
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
    $441.5 K (USD)
    -11.95
    as on Dec 31, 2024
  • Net Profit
    $-11.31 M (USD)
    39.28
    as on Dec 31, 2024
  • EBITDA
    $-12.66 M (USD)
    21.87
    as on Dec 31, 2024
  • Latest Funding Round
    $988.26 K (USD), Grant

    Jan 01, 2021

  • Investors
  • Employee Count
    72

    as on Dec 31, 2024

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IPO & Listings of Foresight Automotive

Foresight Automotive is a publicly listed company on the TASE with ticker symbol FRSX in Israel, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TASE · Ticker: FRSX . Sector: Producer manufacturing · Israel

Products & Services of Foresight Automotive

Foresight Automotive offers a comprehensive portfolio of products and services, including Dragonfly Vision™, ScaleCam™, Mono2Stereo™, and QuadSight 2.0™. 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.

Primary

Offers 360° 3D perception for ADAS and autonomous driving applications.

Enables flexible camera placement for enhanced detection accuracy.

Converts mono cameras to 3D systems for improved distance accuracy.

Provides obstacle detection in harsh weather and lighting conditions.

People of Foresight Automotive
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Vlad Tovbin
Embedded Software Engineer
People
Haim Siboni
CEO & Chairman
People
Levy Zruya
Chief Technology Officer
People
Eli Yoresh
Chief Financial Officer

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Funding Insights of Foresight Automotive

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $988,260
  • First Round

    (13 Mar 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Grant - Foresight Automotive Valuation

investors

Mar, 2017 Amount Post-IPO - Foresight Automotive Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Foresight Automotive

Foresight Automotive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Foresight Automotive

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Foresight Automotive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Foresight Automotive Comparisons

Employees
+
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Competitors of Foresight Automotive

Foresight Automotive 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 Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, 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
domain founded_year HQ Location
AI-based system-on-chips are developed for advanced driver assistance systems.
domain founded_year HQ Location
Manufacturer of SoCs for automotive industry
domain founded_year HQ Location
Developer of AI-based chips for machine vision tasks
domain founded_year HQ Location
AI-enabled vision processing for autonomous vehicles is provided.
domain founded_year HQ Location
Online platform offering full-stack autonomous driving software and services
domain founded_year HQ Location
Provider of software and hardware solutions for autonomous driver assistance and mobility
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Foresight Automotive

Frequently Asked Questions about Foresight Automotive

When was Foresight Automotive founded?

Foresight Automotive was founded in 1977 and raised its 1st funding round 40 years after it was founded.

Where is Foresight Automotive located?

Foresight Automotive is headquartered in Rehovot, Israel. It is registered at Rehovot, Central District, Israel.

How many employees does Foresight Automotive have?

As of Dec 31, 2024, the latest employee count at Foresight Automotive is 72.

What is the annual revenue of Foresight Automotive?

Annual revenue of Foresight Automotive is $441.5K as on Dec 31, 2024.

What does Foresight Automotive do?

Foresight Automotive was founded in 1977 in Rehovot, Israel, and operates in the automotive technology sector. Perception systems for autonomous, semi-autonomous vehicles, and ADAS are provided. Quadsight integrates stereo visible-light cameras with infrared sensors to enable depth perception. 3D video analysis, image processing algorithms, and sensor fusion are employed for object detection in poor weather. Automatic calibration and tailored solutions are featured in the offerings.

Who are the top competitors of Foresight Automotive?

Foresight Automotive's top competitors include Mobileye, Indie Semiconductor and Black Sesame Technologies.

What products or services does Foresight Automotive offer?

Foresight Automotive offers Dragonfly Vision™, ScaleCam™, Mono2Stereo™, and QuadSight 2.0™.

Is Foresight Automotive publicly traded?

Yes, Foresight Automotive is publicly traded on TASE under the ticker symbol FRSX.

Who are Foresight Automotive's investors?

Foresight Automotive has 1 investor. Key investors include European Union.

What is Foresight Automotive's ticker symbol?

The ticker symbol of Foresight Automotive is FRSX on TASE.

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