About Foretellix
Foretellix is a company based in Tel Aviv (Israel) founded in 2018 by Gil Amid, Ziv Binyamini, and Yoav Hollander. Foretellix has raised $132.5 million across 6 funding rounds from investors including Nvidia, OurCrowd and Volvo Group. Foretellix has completed 1 acquisition, including Metamoto. Foretellix operates in a competitive market with competitors including Applied Intuition, Cognata, Trace Machina, IVEX and Metamoto, among others.
- Headquarter Tel Aviv, Israel
- Founders Gil Amid, Ziv Binyamini, Yoav Hollander
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Sectors
Transportation, Automotive & Logistics
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People of Foretellix
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Funding Insights of Foretellix
Foretellix has successfully raised a total of $132.5M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $42 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Foretellix
Foretellix has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Nvidia, OurCrowd and Volvo Group.
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Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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An investment platform is provided for diverse sectors and geographies.
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Global funding is provided to growth-stage mobility ventures.
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Investor details for Foretellix
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Investments & Acquisitions by Foretellix
Foretellix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Metamoto.
Investment portfolio details for Foretellix
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Multi-sensor simulation solutions for autonomous vehicle systems are provided.
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Complete acquisition details for Foretellix
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Financial Statements - Foretellix
Detailed financials for Foretellix
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Foretellix Comparisons
Peer comparison for Foretellix
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Competitors of Foretellix
Foretellix 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 Applied Intuition, Cognata, Trace Machina, IVEX and Metamoto, among others.
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Simulation software for autonomous vehicles is developed.
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Deep learning algorithms are utilized for autonomous driving simulations.
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Simulation infrastructure is provided for safety-critical physical world AI development.
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AI-based simulation and validation systems for autonomous vehicles are provided.
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Multi-sensor simulation solutions for autonomous vehicle systems are provided.
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Detailed competitors of Foretellix
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Latest news on Foretellix
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Frequently Asked Questions about Foretellix
Foretellix was founded in 2018.
Foretellix is headquartered in Tel Aviv, Israel.
Ziv Binyamini is the current CEO of Foretellix. They have also founded this company.
Foretellix is a funded company, having raised a total of $132.5M across 6 funding rounds to date.
Foretellix was established in 2018 in Tel Aviv, Israel, within the autonomous vehicle sector. A simulation platform is operated, incorporating analytic and automation tools to support deployment processes. Solutions for simulation, test tracks, and driving are delivered using SDL, scenarios, and variant monitors. Automation for ADAS and highway functions is also facilitated, targeting vehicle technology advancements.
Foretellix's top competitors include Applied Intuition, Cognata and Trace Machina.
Foretellix has made 1 acquisition, including Metamoto.
Foretellix has 18 investors. Key investors include Nvidia, OurCrowd, Volvo Group, Nationwide, and ComfortDelGro.