Eye-Net Mobile Ltd.

Founded in 2018 and headquartered in Ness Ziona, Israel, Eye-Net Mobile Ltd. develops innovative V2X (Vehicle-to-Everything) solutions to prevent collisions, enhancing road safety through real-time data analysis and predictive modeling. Eye-Net Mobile Ltd. specializes in collision prevention technologies by providing advanced V2X solutions.

The company was founded in 2018 by its CEO Haim Siboni in Ness Ziona, Israel. The venture funding values the company at USD 55 million pre money. The venture funding values the company at USD 55 million post money. Eye-Net Mobile specializes in advanced V2X (Vehicle-to-Everything) collision prevention solutions designed to enhance road safety through real-time data analysis and predictive modeling.

Their core offerings, such as Eye-Net™ Protect, Eye-Net™ Sense, and Eye-Net™ View, leverage existing cellular networks to facilitate multi-user interactions, ensuring accurate collision predictions with minimal latency. These products cater primarily to the automotive and micromobility sectors, providing significant enhancements for third-party applications focusing on safety and traffic management. With a patented architecture and integrated algorithms, Eye-Net's solutions are utilized by various stakeholders, including automotive manufacturers, shared mobility service providers, and application developers, aiming to reduce traffic-related fatalities and improve overall road safety across North America, Europe, and Asia-Pacific markets. Eye-Net Mobile generates revenue primarily through B2B partnerships and licensing agreements with automotive manufacturers, mobility service providers, and third-party application developers.

Their business model typically involves subscriptions for ongoing access to their software solutions and analytics tools, enabling clients to integrate advanced safety features into their existing platforms. The revenue structure may include tiered pricing plans based on the scale of implementation and the specific functionalities utilized, such as real-time collision data analysis and user safety enhancements. Flagship products like Eye-Net™ Protect and Eye-Net™ Sense play a significant role in this revenue model, as clients seek to deliver enhanced safety features to their end-users, thereby fostering a safer driving environment and addressing the critical issue of road safety. Eye-Net Mobile has plans to expand its product lineup by designing new V2X solutions aimed at further enhancing road safety.

The company is targeting expansion into new markets in Europe and Asia-Pacific by 2026 to broaden its reach and impact. The recent funding of USD 3. 00 mn will support these growth initiatives by providing necessary working capital and facilitating the development of new technologies.