Amount Raised
$85 Million
Round Type
Series C
Ramat GanSoftwareArtificial IntelligenceMachine Learninginformation technology & servicesInvestors
Description
Foretellix, the leading provider of safety-driven verification and validation (V&V) solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS), has announced today that it closed a Series C funding round of $85 million, bringing its total raised capital to $135 million. The funding round was led by 83North. The new investors Temasek and Isuzu joined Woven Capital - the growth fund of Toyota - NVIDIA, and Artofin, which participated in the first closing earlier this year. All major existing shareholders participated, including MoreTech, Nationwide, Volvo Group VC, Jump Capital, Next Gear Ventures, and OurCrowd
Quick answer
Foretellix raised $85 Million in a Series C round, dated December 5, 2023. Investors: Our Crowd, Next Gear Ventures, Jump Capital, Volvo Group VC, Nationwide, More Tech, Artofin and Isuzu. Foretellix is based in Ramat Gan, Tel Aviv District, Israel.
- How much did Foretellix raise?
- Foretellix raised $85 Million in a Series C round on December 5, 2023.
- Who invested in Foretellix?
- Our Crowd, Next Gear Ventures, Jump Capital, Volvo Group VC, Nationwide, More Tech, Artofin and Isuzu are named as investors in this round.
- What does Foretellix do?
- Foretellix provides a revolutionary product development testing, verification, and validation platform enabling the mass deployment of autonomous driving systems.
- Where is Foretellix based and how big is it?
- Foretellix is based in Ramat Gan, Tel Aviv District, Israel. Fundz records about 150 employees.
- Who are the decision-makers at Foretellix?
- Fundz holds 1 contact at Foretellix. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as Foretellix that raised within 45 days of this round, from Fundz verified event records.
- VAST Data raised an undisclosed amount (Series E) on December 6, 2023.
- LegalFly raised $2.2M (Seed) on November 28, 2023.
- Cranium Al raised $25M (Series A) on October 26, 2023.
- Finpilot raised $3.8M (Seed) on January 11, 2024.
- Nabla raised $24M (Series B) on January 5, 2024.
- Robin AI raised $26M (Funding Round) on January 3, 2024.
Who to call at Foretellix, and when
A new round usually means Foretellix is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Foretellix raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Foretellix, from your own LinkedIn network
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