Waabi is an artificial intelligence company based in Toronto, Canada, focused on developing autonomous driving technology for the transportation sector. Founded in 2021 by Raquel Urtasun, Waabi offers a self-driving solution called the Waabi Driver, specifically designed for integration with trucks. The company's technology aims to facilitate large-scale commercialization and safe deployment of autonomous vehicles in the logistics and transportation industries. By utilizing advanced deep learning, probabilistic inference, and complex optimization techniques, Waabi's software is capable of complex reasoning and is end-to-end trainable. This approach allows clients to test driving scenarios and safety-critical edge cases in a closed-loop simulator, significantly reducing the need for extensive real-world testing and enhancing safety and cost-effectiveness in the deployment of autonomous trucking solutions.
Foretellix
Series C in 2023
Foretellix Ltd. is a company based in Tel Aviv, Israel, focused on developing a verification framework for Intelligent Autonomous Systems, particularly in the realm of Autonomous Vehicles. Founded in 2010, Foretellix offers solutions that automate the safety verification of complex automated driving systems, addressing the challenges of risk, cost, and time to market. The company has created a platform that automates the analysis of safety-related coverage metrics, ensuring that vehicles perform correctly across a wide range of driving scenarios. This platform enables comprehensive coverage verification services, which are essential for confirming the safety and reliability of autonomous vehicles prior to their deployment. Additionally, Foretellix has developed a standardized language for describing autonomous vehicle scenarios, further enhancing its contributions to the field of automotive safety verification.
Waabi
Venture Round in 2023
Waabi is an artificial intelligence company based in Toronto, Canada, focused on developing autonomous driving technology for the transportation sector. Founded in 2021 by Raquel Urtasun, Waabi offers a self-driving solution called the Waabi Driver, specifically designed for integration with trucks. The company's technology aims to facilitate large-scale commercialization and safe deployment of autonomous vehicles in the logistics and transportation industries. By utilizing advanced deep learning, probabilistic inference, and complex optimization techniques, Waabi's software is capable of complex reasoning and is end-to-end trainable. This approach allows clients to test driving scenarios and safety-critical edge cases in a closed-loop simulator, significantly reducing the need for extensive real-world testing and enhancing safety and cost-effectiveness in the deployment of autonomous trucking solutions.
Aurora is a self-driving vehicle company providing a platform that brings software and data services to operate passenger vehicles. To move both people and goods, the company develops Aurora Driver, a platform that brings together software, hardware, and data services to operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. Aurora is backed by Amazon and Sequoia, among others, and partners with industry leaders including Toyota, Uber, Volvo, and Paccar. Aurora tests its vehicles in the Bay Area, Pittsburgh, and Dallas. The company has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Wixom, MI.
Foretellix
Series B in 2021
Foretellix Ltd. is a company based in Tel Aviv, Israel, focused on developing a verification framework for Intelligent Autonomous Systems, particularly in the realm of Autonomous Vehicles. Founded in 2010, Foretellix offers solutions that automate the safety verification of complex automated driving systems, addressing the challenges of risk, cost, and time to market. The company has created a platform that automates the analysis of safety-related coverage metrics, ensuring that vehicles perform correctly across a wide range of driving scenarios. This platform enables comprehensive coverage verification services, which are essential for confirming the safety and reliability of autonomous vehicles prior to their deployment. Additionally, Foretellix has developed a standardized language for describing autonomous vehicle scenarios, further enhancing its contributions to the field of automotive safety verification.
Upstream Security is a provider of a cloud-based data management platform specifically designed for connected vehicles, focusing on automotive cybersecurity and data-driven applications. The platform transforms distributed vehicle data into centralized, structured, and contextualized data lakes, enabling customers to create connected vehicle applications. Upstream offers industry-leading cyber threat protection through its AutoThreat® Intelligence, the first dedicated automotive cybersecurity threat intelligence solution, which integrates seamlessly into customer environments and vehicle security operations centers. By leveraging big data and machine learning, the platform delivers real-time visibility on security, privacy, and fraud alerts, helping to safeguard the technologies and applications of connected and autonomous vehicles. Upstream serves a range of prominent automotive OEMs and suppliers, ensuring the protection of millions of vehicles worldwide.
AutoTech Ventures
Venture Round in 2019
Autotech Ventures, founded in 2013 and based in Menlo Park, California, is a venture capital firm focused on investing in startups within the ground transportation industry, which is valued at approximately $3 trillion. The firm targets companies operating in deep tech, mobility tech, autonomous systems, electrification, and related sectors. Autotech Ventures offers comprehensive support to its portfolio companies, providing not only capital to implement their business plans but also access to a vast network of industry contacts, including major corporate investors. Additionally, the firm supplies market intelligence on the evolving transportation landscape, aids in recruiting talent, and assists in securing further fundraising from other investors. By bridging the gap between rapidly innovating startups and traditionally slower-moving corporations, Autotech Ventures aims to facilitate the development of a new transportation future.
Upstream Security is a provider of a cloud-based data management platform specifically designed for connected vehicles, focusing on automotive cybersecurity and data-driven applications. The platform transforms distributed vehicle data into centralized, structured, and contextualized data lakes, enabling customers to create connected vehicle applications. Upstream offers industry-leading cyber threat protection through its AutoThreat® Intelligence, the first dedicated automotive cybersecurity threat intelligence solution, which integrates seamlessly into customer environments and vehicle security operations centers. By leveraging big data and machine learning, the platform delivers real-time visibility on security, privacy, and fraud alerts, helping to safeguard the technologies and applications of connected and autonomous vehicles. Upstream serves a range of prominent automotive OEMs and suppliers, ensuring the protection of millions of vehicles worldwide.
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