Foretellix
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Foretellix

https://www.foretellix.com/
Last activity: 07.05.2024
Categories: SoftwareProviderProductVerificationVehiclesCarAutonomousAutomationPlatformIndustry
Foretellix tackles the most challenging barrier to autonomous vehicle deployment – Measurable Safety. It's verification platform allows a breakthrough in the ability to orchestrate and monitor millions of driving scenarios. We believe we can make a difference using our broad verification expertise, and we see it as our duty to help the automotive industry make AV’s safer by delivering a better verification solution. By doing that, we will help the industry reduce autonomous vehicles accidents and help save lives. There is no standard approach in today’s AV industry for verification of autonomous vehicles. Car vendors and regulators alike, are trying to figure out how to qualify, certify and supervise the deployment of autonomous vehicles on the roads. Foretellix‘s approach is answering this need based on proven verification techniques. Our vision is to deliver a scenario definition language, which will set the standard for the creation and certification of safe autonomous vehicles. This will bridge the gap between the advanced AV technology already available today, and the ability to put these driverless cars safely on the road. Our product is a comprehensive system verification framework (SVF) aimed at verification of Autonomous Vehicles (AVs). This framework is based on approaches used in VLSI chip design, adapted and enhanced to meet the needs of AV verification. The foundation of the system is a Scenario Description Language (SDL). Our vision is to make SDL an open, standard language. SVF implements coverage driven validation, based on constrained-random SDL scenario generation. Those scenarios can run on multiple execution platforms ranging from simulation to street driving. SVF offers a flexible, cost efficient and comprehensive framework, addressing the full development process of autonomous vehicles. We are looking for brilliant engineers to join our dream team. We are currently looking for a co-development partner to tune our solution.
Likes
202
Followers
46
Followers
5.84K
Mentions
30
Location: Israel, Tel Aviv District, Ramat Gan
Employees: 51-200
Phone: +972 51-240-4040
Total raised: $174M
Founded date: 2018

Investors 5

Funding Rounds 4

DateSeriesAmountInvestors
16.12.2023Series C$85M-
03.05.2023Series C$43MVolvo Grou...
02.09.2021Series B$32MVolvo Grou...
16.01.2019Series A$14M-

Mentions in press and media 30

DateTitleDescription
07.05.2024Foretellix and Geely Partner to Accelerate AV DevelopmentGeely will use Foretellix's AI training and validation solution to reduce development costs, enhance safety, and improve time to market SHANGHAI, May 7, 2024 /PRNewswire/ -- Geely, a major Chinese automotive manufacturer, and Foretellix, a ...
22.04.2024Foretellix Unveils End-to-End AV Development Solution Leveraging NVIDIA Omniverse Cloud APIs-
22.03.2024Nvidia GTC 2024: Driving Innovation in Automotive TechNvidia's GPU Technology Conference (GTC) 2024 in San Jose, California, showcased groundbreaking advancements in automotive technology. Leading automakers and tech pioneers gathered to unveil new models and explore innovative developments re...
19.03.2024Nvidia GTC 2024: Automotive Tech and Breakthroughs Unveiled in CaliforniaJace Dela Cruz, Tech Times 19 March 2024, 02:03 am Nvidia's GPU Technology Conference (GTC) 2024 has drawn the world's leading automakers and technology pioneers to San Jose, Calif., and online to showcase breakthroughs in automotive tech. ...
04.01.2024Foretellix And Nuro Announce Partnership To Accelerate Safe Deployment Of Autonomous VehiclesForetellix’s verification and validation solution will help to ensure the safety of the Nuro Driver™ through the use of large-scale automated testing. Nuro, a leading autonomous vehicle company, and Foretellix, the leading provider of safet...
16.12.2023Foretellix: Safety-Driven Verification And Validation Company Closes $85 MillionForetellix – a leading provider of safety-driven verification and validation (V&V) solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS) – recently announced that it closed a Series C funding round of $85...
06.12.2023Foretellix raises $85M to build and test scenarios for self-driving systems-
05.12.2023Foretellix Raises $85 Million in Series C ClosingTemasek and Isuzu join Woven Capital and NVIDIA in a major round led by 83North TEL-AVIV, Israel and SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Foretellix, the leading provider of safety-driven verification and validation (V&V) sol...
05.12.2023Foretellix raises $85M to build and test scenarios for self-driving systemsOn their way to building fully autonomous vehicles, self-driving car makers are facing a tall task: training their AIs to be able to respond reliably to any and all scenarios that a car, truck or bus might encounter as well as, or hopefully...
05.12.2023Foretellix raises $85 millionForetellix, Foretellix Founded: 2017 Headquarters: Tel Aviv, Israel Total Funding: $90.5M See full company profile "> a provider of verification and validation solutions for automated driving systems and advanced driver assistance s...
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