Fundz

Autobrains Nabs $19M, Bringing Its Series C To $120M, To Take On Mobileye In Autonomous Driving Tech

PRIVATEMar 10, 2022

Amount Raised

$19 Million

Round Type

Series C

Tel AvivSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceTransportation

Description

AI has been the backbone of many a technological breakthrough over the years, but one challenge it has yet to solve is that of self-driving: try as they may, engineers have yet to build a platform that can manage all the practicalities and unexpected eventualities of conducting a vehicle as well as or better than a human can do, and which has also convinced regulators and the general population of its reliability. We’re still seeing a lot of development, however, and today, Autobrains, one of the hopefuls in this space that believes it has figured out how to fix the 1% margin of error typical in self-driving with a “self-learning” approach that is hardware-agnostic (more on that below) is announcing yet more funding to continue developing its platform.

Quick answer

Autobrains raised $19 Million in a Series C round, dated March 10, 2022. Autobrains is based in Tel Aviv, Tel Aviv District, Israel.

How much did Autobrains raise?
Autobrains raised $19 Million in a Series C round on March 10, 2022.
What does Autobrains do?
Autobrains is a leading AI mobility company, radically rethinking AI for the safest route from ADAS to full autonomy.
Where is Autobrains based and how big is it?
Autobrains is based in Tel Aviv, Tel Aviv District, Israel.
Who are the decision-makers at Autobrains?
Fundz holds 1 contact at Autobrains. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Science And Engineering around the same time

Companies in the same sectors as Autobrains that raised within 45 days of this round, from Fundz verified event records.

  • d-Matrix raised $44M (Funding Round) on April 20, 2022.
  • PassiveLogic raised $15M (Funding Round) on April 12, 2022.
  • Lilt raised $55M (Series C) on April 7, 2022.
  • Zephyr AI, Inc. raised $18M on April 4, 2022.
  • Pinecone raised $28M on April 1, 2022.
  • Zephyr AI, Inc. raised $19M (Seed) on March 30, 2022.

Who to call at Autobrains, and when

A new round usually means Autobrains is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Autobrains raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Autobrains, from your own LinkedIn network

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Company Information

Company

Autobrains

Location

Tel Aviv, Tel Aviv District, Israel

About

Autobrains is a leading AI mobility company, radically rethinking AI for the safest route from ADAS to full autonomy. Revolutionizing how deep learning is applied, Autobrains’ patented self-learning and signature-based AI is a new approach to perception, closing the technology gaps toward the safest human-driven and autonomous car possible. The product portfolio offers modular, highly efficient entry-level, volume, premium, and luxury software solutions - covering all autonomous driving levels. Strategic investors include BMW i Ventures, VinFast, Continental AG, Knorr-Bremse AG, and others. Learn more here: https://autobrains.ai/.

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Fundz sees it the moment Autobrains raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Autobrains raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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