UL Ventures
UL is a global independent safety science company with over a century of experience in developing innovative safety solutions. Based in Northbrook, Illinois, UL focuses on promoting safe living and working environments, safeguarding people, products, and places. The company utilizes research and established standards to address evolving safety needs, collaborating with businesses, manufacturers, trade associations, and international regulatory authorities to enhance safety in a complex global supply chain. UL's expertise extends to sustainability, renewable energy, and nanotechnology, reflecting its commitment to advancing safety across various sectors. With a dedicated workforce of approximately 14,000 professionals, UL continues to play a vital role in facilitating trade and providing peace of mind in an increasingly interconnected world.
Aurora Labs
Series B in 2020
Aurora Labs Ltd is a software development company based in Tel Aviv-Yafo, Israel, with additional offices in Munich, Skopje, Boston, and Detroit. Founded in 2016, the company specializes in machine learning, artificial intelligence, and blockchain technologies to address the complexities of automotive software development. Aurora Labs provides AI-based vehicle software intelligence that spans the entire lifecycle of a vehicle, including software development, testing, integration, quality control, and over-the-air updates. Its solutions help automotive manufacturers manage software costs and resources more efficiently while ensuring compliance with industry standards such as ISO-26262/ASIL-D and ASPICE-L2. With approximately 100 patents granted and a commitment to innovation, Aurora Labs has positioned itself as a key player in the evolution of software-defined vehicles, with its products being adopted globally in upcoming car models.
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