Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems

01 Sep, 2021

Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
Photo by Dimitry Anikin on Unsplash

– Foretellix announced a $32m Series B funding round, bringing its total raised capital to over $50m.
– The round was led by MoreTech Ventures with participation from several strategic investors, including Volvo Group Venture Capital, Nationwide and Japan-Israel High Tech Ventures. In addition, all series A investors, including 83North Ventures, Jump Capital, OurCrowd and NextGear participated in this new investment round.
– Foretellix was founded in 2018 by a team of verification and validation pioneers with a mission to make automated driving systems safe and efficient.

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