Autobrain Technologies Ltd
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Autobrain Technologies Ltd - overview
Established
2019
Location
Tel Aviv-Yafo, -, Israel
Primary Industry
Software
About
Established in 2019 by CEO Igal Raichelgauz and based in Tel Aviv, Israel, Cartica, Ltd. , formerly Cartica AI and currently trading as Autobrains Technologies. , operates as a provider of automotive visual intelligence platform which helps the automotive industry to accelerate the performance of vehicles. In November 2021, Cartica, Ltd.
raised USD 101 million in Series C funding led by Temasek Holdings, with participation from Knorr-Bremse AG and Vingroup Company. Continental AG and BMW i Ventures also participated in the round. The company's product varies from entry-level NCAP cameras, to fully autonomous systems. The company's Cartex platform is designed in a modular way that enables customers to select features based on their requirements from entry-level functionalities to advanced automated driving capabilities.
The platform is divided into four segments, Cartex 4M, Cartex 4H, Cartex 4F, and Cartex 5. The platform also offers self-learning AI, power consumption, visual perception, predictive AI, and other feature that helps to understand the vehicle's environment. Cartica, Ltd. plans to use the funding raised in Series C to expand its commercial reach, and bring self-learning AI to additional markets.
Current Investors
BMW i Ventures, OurCrowd, Continental
Primary Industry
Software
Sub Industries
Automobiles, Other Vehicles & Parts, Analytics & Performance Software
Website
www.autobrains.ai
Verticals
Artificial Intelligence, IoT (Internet of Things)
Company Stage
Series C
Total Amount Raised
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