Aurora Labs offers an AI-based Vehicle Software Intelligence platform that spans the full vehicle software lifecycle from development and testing to continuous certification and on-the-road, zero-downtime OTA updates. The company’s solutions collect actionable data to analyze line-of-code behavior, help streamline development, testing, integration and WP.29 compliance, and protect software from faults and cybersecurity attacks. Aurora Labs positions its technology as a cost-saving enabler for software-defined vehicles, claiming up to 98% savings on hardware and data transmission costs for updates and up to 30% savings in software engineering hours. Its products have been adopted on customer platforms globally and the company commits to ISO-26262/ASIL-D and ASPICE-L2 compliance for deployment in upcoming car models. Aurora Labs holds 90 patents and has 15 customer projects worldwide. The company is headquartered in Tel Aviv, Israel, with offices in Germany, North Macedonia, the US, and Japan, and has raised approximately $100 million to date. Aurora Labs developed a platform that detects and predicts software problems in vehicles and automatically fixes issues in real time. The platform also enables automakers to deliver over-the-air software updates. The company is Tel Aviv-based and currently focuses primarily on automotive customers while preparing to enter connected homes and smart cities. Aurora Labs works with four global automakers and an electronics company and is moving toward series production with two automotive customers. It has a 30-person team and plans to double headcount using the newly raised funds. Investors are expected to help support expansion into additional markets given their presence across industries. Aurora Labs has built a platform that detects and predicts software problems in vehicles, automatically fixes issues on the fly, and provides over-the-air updates for electronic control units. The technology aims to reduce costly software-related recalls and downtime as vehicles grow more software-dependent. The company says it has locked in three unnamed automakers as customers and currently has pilots underway. Aurora Labs emerged from stealth a few months ago and is headquartered in Tel Aviv with a new office in Munich. The firm has 17 employees and plans to add more staff by year-end and open sales offices in Detroit and San Francisco. CEO and co-founder Zohar Fox and co-founder Ori Lederman see the product addressing needs for both connected cars and future autonomous vehicles. Aurora Labs develops a self-healing software platform for connected cars that monitors on-board vehicle software to detect anomalies before they lead to malfunctions. The platform generates new datasets for diagnostic purposes and enables providers to dispatch universal Delta Over-the-Air (OTA) updates for any vehicle system. The technology is aimed at proactively managing and reducing the costs of multibillion-dollar software recalls in the automotive industry. Aurora Labs came out of stealth with $2.7M in seed funding and intends to use the funds to run several live projects with major OEMs. The seed round was backed by Maniv Mobility, MizMaa Ventures, Expansion Venture Capital and Trucks Venture Capital. Founded in 2016 by Zohar Fox (CEO) and Ori Lederman (COO), the company is based in Tel Aviv, Israel.

Total raised

$97M

Funding rounds

4

Latest round

Series C

Latest activity

Jul 2022