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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