Tech Company Financing Transactions
Autobrains Funding Round
BMW i Ventures, Continental AG and OurCrowd joined a Series B venture round for Autobrains. The round was announced on 9/4/2019.
Transaction Overview
Company Name
Announced On
9/4/2019
Transaction Type
Venture Equity
Amount
Unknown
Round
Series B
Proceeds Purpose
The company intends to use the funds to launch its Autonomous AI platform and scale its global operations with a focus on increasing the safety of cars and lowering casualties on the global motorways.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Sonol Tower- 52 Menachem Begin St.
Tel Aviv--Yafo, 6713701
Israel
Tel Aviv--Yafo, 6713701
Israel
Phone
Undisclosed
Website
Email Address
Overview
At Autobrains we aim to reach the industry goal of contributing to zero accidents -- without high computing costs & manual processing that makes this unfeasible. We're disrupting how the automotive industry approaches autonomous car technology with a technology, that takes it closer than ever to the human way of driving perception.
Management Team
Title
Name
Email & Social
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