Mobileye
Shlomo Momo Halevi Street 1, Har Hotzvim, Jerusalem, 9777015, Israel
Overview
Mobileye builds camera‑based advanced driver assistance and autonomous driving technology that aims to deliver affordable autonomy using mainstream cameras rather than expensive sensor suites. Its "traffic assist" system is being integrated via partnerships with five major automakers and has appeared on vehicles such as the Audi A7. A newer version arriving this summer is intended to help steer in stop‑start situations (drivers must still keep hands on the wheel), and a more advanced hands‑free system was described as street‑ready by 2013. The company plans to experiment with adding more onboard cameras to improve autonomy performance. Mobileye has operated since the 1990s and positions itself as an automotive A.I. company focused on improving camera intelligence rather than becoming an automaker. Financially, the company is undertaking a large equity sale that values it at $1.5 billion pre‑money.
- Total raised
- $400M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Jul 2013
Industries
- Artificial Intelligence (AI)
- Automotive
- Autonomous Vehicles
- Machine Learning
- Transportation
Recent funding
Equity
Jul 2013
$400M