Led · Equity · Nov 2021

Autotalks develops automotive‑qualified V2X chipsets that provide an advanced, secure, high-performing global V2X communication solution for vehicles and autonomous systems. Its technology is designed to complement sensor data in non-line-of-sight scenarios, rough weather, and poor lighting to improve road safety and coordination among vehicles, motorcyclists, and pedestrians. The company recently launched the ZooZ micro-mobility platform and plans mass deployment of its technology in the coming years. Autotalks is led by CEO Hagai Zyss and is described as a V2X chipset market leader. Financially, the company raised $10M in funding from Foxconn Interconnect Technology (FIT) tied to a strategic collaboration. Autotalks is based in Kfar‑Netter, Israel. Autotalks develops V2X (vehicle‑to‑everything) communications chipsets for connected cars and has recently expanded its product focus to motorcycles. The company is preparing for mass production in 2019. It has extended its Series D round to $40 million, an increase from an initial $30 million raised in March. Autotalks says the funding will allow it to prepare and expand operations for the upcoming start of mass production and to continue developing communication solutions for connected and autonomous vehicles. The company is based in Israel. Management highlighted the strategic interest of new investor Mirai Creation Investment Fund in vehicles as information hubs. Autotalks develops silicon chipsets that enable V2X (vehicle-to-everything) communications for cars. The company focuses on hardware for short-range vehicle communication that regulators are increasingly mandating. It is based in Israel and recently completed a financing round. Autotalks raised $30 million in a Series D from new and existing investors. The firm expects to deploy its chipsets in U.S. models in 2019 and views a U.S. Department of Transportation notice requiring short-range communication on all new vehicles by 2023 as a major market opportunity. CEO Hagai Zyss said the company’s mission to equip vehicles with lifesaving technology is being adopted by regulators and leading carmakers.