Tag Archives: Israel

Innoviz Technologies Extends Series B Funding to $73 Million

Autonomous Driving LiDAR Tech Innoviz Gets Series B Funding from Delphi and Magna autonomous vehicle urban mobility

New funding from Samsung Catalyst and SoftBank Ventures Korea follows investments from Delphi Automotive, Magna International, others KFAR SABA, ISRAEL — October 31, 2017 — Innoviz Technologies, a leading provider of LiDAR sensing solutions designed for the mass commercialization of autonomous vehicles, announced today an extension of its recent Series B funding round. Bringing the round to $73 million in

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Autonomous Driving LiDAR Tech Innoviz Gets Series B Funding from Delphi and Magna

Autonomous Driving LiDAR Tech Innoviz Gets Series B Funding from Delphi and Magna autonomous vehicle urban mobility

Strategic partners Delphi Automotive and Magna International join new and existing investors to back Innoviz’s groundbreaking solid-state LiDAR technology on heels of strong adoption KFAR SABA, Israel, Sept. 7, 2017 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions designed for the mass commercialization of autonomous vehicles, announced today that it has raised $65 million in Series B funding as its groundbreaking

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Tel Aviv’s $26 Million Car-sharing Initiative to Reduce Traffic Congestion

Tel Aviv Municipal launched its car-sharing initiative that will allow road users to access 260 shared vehicles within the city limits, in an effort to reduce traffic congestion, air pollution and car ownership. “Auto-Tel” the new car-sharing service which was unveiled in January 2017 will be operated by Israeli based Shamir Group’s startup CAR2GO (not to be confused with Daimler’s car-sharing

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Israeli Startup’s Radar System Enable Drone Flight Beyond Visual LOS

Arbe Robotics, based in Tel Aviv, has built an ultra-low C-SWAP (Cost, Size, Weight and Power) full 360 degrees radar system that combines hardware and software to allow autonomous drones to detect and avoid objects up to 1km away, up from 150 metres in the first iteration of its product. “The main advantage of radar is that radar sees everything,”

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Israeli Army to Deploy Autonomous Patrol Vehicles

Israel is planning to bolster its high-tech arsenal by deploying fully autonomous military vehicles along the country’s dangerous border with Gaza, an Israel Defense Forces (IDF) official told FoxNews.com, citing the threat of Improvised Explosive Devices (IEDs), snipers, anti-tank missiles and terrorist tunnels.  Working with Israeli defense specialist Elbit Systems, IDF has equipped Ford F-350 pickup trucks with specialized remote driving

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