Foretellix has closed $14M of series-A funding led by 83North, Jump Capital, and Nextgear Ventures.
Foretellix is an Israeli based start-up automating the verification and measurable safety of autonomous vehicles. It develops a coverage driven verification framework, intelligent automation and analytics to realize the safety of autonomous vehicles, and to extract the metrics to prove it.
This is enabling the industry to transition from ‘quantity of miles’ to ‘quality of coverage’ and broad deployment. The startup was founded by a very experienced team using proven coverage driven technologies and methods for the verification of complex semiconductor products.
The company aims to use the investment to accelerate its development, customer programs and deployment of its coverage driven verification solution. The company has now raised over $16M since it was founded.
Source: Press Release