About Ottopia
Ottopia is a company founded in 2018 by Amit Rosenzweig.. Ottopia has raised $26.5 million across 4 funding rounds from investors including ComfortDelGro, Plug and Play Tech Center and European Union. Ottopia operates in a competitive market with competitors including Vay, Phantom Auto, DriveU.auto, Scotty Labs and Voysys, among others.
- Founders Amit Rosenzweig
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.5 M (USD)
in 4 rounds
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Latest Funding Round
$14.5 M (USD), Series A
Jan 10, 2023
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Investors
ComfortDelGro
& 9 more
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Employee Count
Employee Count
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Funding Insights of Ottopia
Ottopia has successfully raised a total of $26.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $14.5 million completed in January 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $14.5M
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First Round
First Round
(21 Dec 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - Ottopia | Valuation | ComfortDelGro , AI Alliance Fund | |
| Apr, 2021 | Amount | Series A - Ottopia | Valuation | IN Venture , Hyundai Cradle | |
| Jan, 2021 | Amount | Grant - Ottopia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Ottopia
Ottopia has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include ComfortDelGro, Plug and Play Tech Center and 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in Israeli deep-technology startups are made.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ottopia
| 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 - Ottopia
| 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 |
Ottopia Comparisons
Competitors of Ottopia
Ottopia 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 Vay, Phantom Auto, DriveU.auto, Scotty Labs and Voysys, 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 |
Remote-driving and autonomy services for electric vehicles are provided online.
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| domain | founded_year | HQ Location |
AI-powered remote safety support is offered for autonomous vehicles.
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| domain | founded_year | HQ Location |
Teleoperation of autonomous vehicles is facilitated by a tech-enabled platform.
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| domain | founded_year | HQ Location |
Teleoperations platform to virtually control self-driving vehicles
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| domain | founded_year | HQ Location |
Software for teleoperation of vehicles, machines, and robots is provided.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ottopia
Frequently Asked Questions about Ottopia
When was Ottopia founded?
Ottopia was founded in 2018.
Who is the current CEO of Ottopia?
Amit Rosenzweig is the current CEO of Ottopia. They have also founded this company.
Is Ottopia a funded company?
Ottopia is a funded company, having raised a total of $26.5M across 4 funding rounds to date. The company's 1st funding round was a Grant of $365.38K, raised on Dec 21, 2018.
What does Ottopia do?
Ottopia was founded in 2018 as a developer of AI-powered teleoperation solutions for autonomous vehicles. A software platform is provided to enable collaboration between human operators and vehicle AI during remote interventions. Services include remote assistance, low-speed driving, and performance monitoring. The solutions are applied in sectors such as logistics, mining, agriculture, and shipping.
Who are the top competitors of Ottopia?
Ottopia's top competitors include Vay, Scotty Labs and Phantom Auto.
Who are Ottopia's investors?
Ottopia has 10 investors. Key investors include ComfortDelGro, Plug and Play Tech Center, European Union, AI Alliance Fund, and MizMaa Ventures.
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