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§ Private Profile · Tel Aviv, Israel
Data-automation tools and verification framework for training and validating AI autonomous vehicle stacks, ADAS, and AV systems.
Foretellix is a Tel Aviv, Israel-based software company that provides data-automation tools and a comprehensive verification framework for training and validating artificial intelligence-powered autonomous vehicle systems. The organization specifically adapts established semiconductor verification methodologies to ensure the safety of advanced driver-assistance systems and autonomous vehicles across various operational domains. The enterprise has raised $14 million in Series A funding to support the ongoing development and commercialization of its scenario description languages and software toolchains for global automotive original equipment manufacturers. Its financial backers include prominent venture capital firms 83North, Jump Capital, and Nextgear Ventures. Additionally, the corporate board of directors features experienced industry executives such as former Xilinx chief executive officer Moshe Gavrielov and former Volkswagen senior vice president Alex Hitzinger. Foretellix was founded in 2018 by Ziv Binyamini, Yoav Hollander, and Gil Amid.
Foretellix has raised $131.0M across 3 funding rounds.
Key people at Foretellix.
Foretellix has raised $131.0M in total across 3 funding rounds.
Foretellix has raised $131.0M across 3 funding rounds. Most recently, it raised $85.0M Series C in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 5, 2023 | $85M Series C | 83North | Jump Capital, Moretech Ventures, Nationwide, Next Gear Ventures, OurCrowd, Temasek, Volvo Group Venture Capital, George Kellerman | Announced |
| Aug 1, 2021 | $32M Series B | Zack Keinan | 83North, OurCrowd, Christian Bach, Mathias Biilmann Christensen, Paolo Negri, Japan, Jump Capital, Nationwide, Next Gear Ventures, NI, David Hanngren | Announced |
| Jan 1, 2019 | $14M Series A | 83North, Saurabh Sharma, TAL Cohen | Christian Bach, Mathias Biilmann Christensen, Paolo Negri | Announced |
Key people at Foretellix.
Foretellix is a technology company specializing in data automation for AI-powered autonomous vehicles (AVs), providing the Foretify platform—a Physical AI toolchain that accelerates training, validation, and safety evaluation.[2][3][7] It serves OEMs, Tier 1 suppliers, and AV developers like Volvo, Mazda, Woven by Toyota, Daimler Truck's Torc, and Nuro, solving the critical challenge of verifying and validating complex AV stacks to ensure safety, expose edge cases, and scale deployment amid AI's limitations.[1][2][6] Backed by investors including Toyota's Woven Capital, Temasek, Volvo, and NVIDIA, Foretellix demonstrates strong growth through partnerships (e.g., Parallel Domain, Voxel51) and awards like the 2025 AutoTech Breakthrough "Autonomous Vehicle Innovation of the Year."[3][4][5]
Founded in 2018 by pioneers in data-driven verification—including CEO Ziv Binyamini—the team drew from their seminal work at Verisity, Intel, and Cadence Design Systems on coverage-driven methodologies now standard in semiconductors.[1][2] The idea emerged from applying hardware verification expertise to autonomous driving's verification needs, focusing on safety and coverage-driven validation for AV and ADAS use cases.[1][6] Early traction came via engagements with top OEMs and Tier 1s, plus Volvo Autonomous Solutions partnership in 2021 for intelligent automation tools handling millions of scenarios.[6] This built into ongoing success with on-road/off-road applications and standards like ASAM OpenSCENARIO 2.0.[1]
Foretellix rides the Physical AI wave in AVs, where end-to-end AI demands vast, high-fidelity data for training amid regulatory safety pressures and scaling challenges.[2][3][5] Timing aligns with 2025 momentum—post-awards, CES 2026 demos, and partnerships accelerating deployment for OEMs targeting 2027 commercialization.[3][4][5][6] Market forces like AI limitations in rare events and data scarcity favor its scenario-based automation, shortening cycles while fostering innovation for on/off-road autonomy.[1][2] It influences the ecosystem by standardizing V&V, enabling NVIDIA/Volvo ecosystems, and lowering entry barriers for entrepreneurs.[1][2][7]
Foretellix is poised to dominate AV safety tooling as Physical AI matures, with expansions via partnerships and global offices driving adoption.[4][5] Trends like synthetic data scaling and regulatory demands for verifiable safety will propel Foretify, potentially capturing more OEM stacks amid CES 2026 showcases.[3][4] Its influence may evolve into ecosystem standards leader, fueling mass AV deployment and returning to its 2018 focus on depth for safer roads.[1][2]
Foretellix has raised $131.0M in total across 3 funding rounds.
Foretellix's investors include 83North, Jump Capital, MoreTech Ventures, Nationwide, Next Gear Ventures, OurCrowd, Temasek, Volvo Group Venture Capital, George Kellerman, Zack Keinan, Christian Bach, Mathias Biilmann Christensen.