Amount Raised
$43 Million
Round Type
Series C
Ramat GanSoftwareArtificial IntelligenceMachine Learninginformation technology & servicesInvestors
Description
Foretellix, the leading provider of safety-driven verification and validation solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS), announced today it had raised $43 million in the first closing of its Series C funding round led by 83North, bringing its total raised capital to over $93 million. Woven Capital, the growth fund of Toyota, and NVIDIA joined the financing round, along with Artofin VC. All major existing shareholders participated, including MoreTech, Nationwide, Volvo Group VC, and Jump Capital. Foretellix will use the funding to accelerate the development of its expanding product portfolio and fuel expansion across new geographies.
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.
- Cranium Al raised $4.7M (Seed) on May 10, 2023.
- Precedent raised $9M (Seed) on June 14, 2023.
- Glyphic AI raised $5.5M (Funding Round) on June 14, 2023.
- Meshcapade raised $6M (Funding Round) on June 14, 2023.
- EdgeTier raised $6.5M (Series A) on June 13, 2023.
- Vectara raised $29M (Funding Round) on June 13, 2023.
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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Related People
Foretellix 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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