Autobrains Funding, Investors & Competitors

Autobrains has raised $145M across 3 funding rounds, most recently a $19M Series C in March 2022.

Last Autobrains funding round

$19M

Series C · Mar 2022

Cumulative funding Autobrains raised

$145M

across 3 funding rounds

Key investors in Autobrains

Autobrains Overview

About Autobrains

Autobrains is a Tel Aviv-headquartered developer of AI visual perception software for ADAS and autonomous vehicles. Leveraging 200+ patents in self-learning algorithms, the platform processes camera feeds for 360-degree scene understanding, object classification, and prediction. OEM clients like BMW and Continental integrate reMIND software into production models. Founded in 2018 from Cartica AI assets, Autobrains operates validation fleets in Israel and Germany, targeting NCAP 5-star ratings.


Founded

2019

HQ

IsraelTel Aviv

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

Autobrains Funding History

Autobrains has raised a total of $145M across 3 funding rounds.

Autobrains' first fundraising round was a $101M Series C in November 2021. The most recent completed round was a $19M Series C in March 2022.

Autobrains funding rounds

Autobrains funding rounds
DateStageInvestorsRaisedDeal Summary
Mar 2022Series CTemasek (lead); Knorr-Bremse; Momentum VC; VinFast; Continental; BMW i Ventures$19MAutobrains is an Israeli AI mobility startup developing self-learning AI technology for advanced driver assistance systems (ADAS) and autonomous driving, including video perception software that requires fewer data and computing power than traditional deep learning systems, enabling safer and more affordable self-driving solutions for edge cases like school zones and construction sites. The company positions itself as a leader in bringing full autonomy to vehicles, with applications expanding to trucks and off-roading, and aims to outperform rivals like Mobileye. Autobrains was founded as a joint venture involving Cortica group, Continental, Toyota, and BMW, and has raised around $120 million total across multiple rounds by early 2022. On March 10, 2022, Autobrains closed its Series C funding round at a total of $120 million, comprising an initial $101 million announced earlier and an additional $19 million extension, led by Temasek Holdings with participation from BMW i Ventures, Continental, Knorr-Bremse AG, VinFast, and Momentum VC. The funding will refine AI technology, expand into trucks, grow commercial reach in Asia, Europe, and the US, and scale operations. Investors highlighted Autobrains' potential to disrupt ADAS and higher automation driving (HAD) in trucks due to its efficient AI approach, independent of hardware, reducing development costs and times. The round underscores strong industry confidence amid Mobileye's IPO preparations valuing it over $50 billion.
Nov 2021Strategic investmentKnorr-Bremse (lead)$25MAutobrains, an Israeli AI mobility startup formerly known as Cartica AI, develops self-learning artificial intelligence technology for advanced driver-assistance systems (ADAS) and autonomous driving, aiming to solve the 1% error margin in self-driving vehicles through unsupervised AI that reduces reliance on manually labeled data. The company positions itself as a rival to Mobileye, offering hardware-agnostic Cartex platforms for Level 1-4 autonomy, with partnerships including Continental, BMW, and Toyota. Autobrains, founded in 2019 by CEO Igal Raichelgauz with around 100 employees primarily in Tel Aviv, emphasizes agility over competitors by enabling real-time adaptation to unprecedented scenarios. In November 2021, Autobrains raised $101 million in the first tranche of its Series C funding led by Temasek, with participation from Knorr-Bremse AG, VinFast, BMW i Ventures, and Continental; this was followed by a $19 million extension in March 2022, bringing the total Series C to $120 million. Knorr-Bremse's involvement was a strategic minority investment of approximately $25 million for about 5% stake, aligning with its ADAS and highly automated driving strategy for commercial vehicles, particularly video perception software. The funds were allocated to expand commercial reach into global markets including Asia, Europe, and the U.S., refine self-learning AI capabilities, enter trucking, and scale production targeted for 2024. The investment reflects strong industry validation from Tier 1 suppliers and OEMs anticipating disruption in the autonomous vehicle marketplace.
Nov 2021Series CTemasek (lead); Knorr-Bremse; Eduardo Gutierrez; Changer Club; LIP Ventures Boutique; VinFast; Continental; BMW i Ventures$101MAutobrains, an Israeli AI mobility company formerly known as Cartica AI and founded in 2019, develops self-learning AI technology for advanced driver-assistance systems (ADAS) and autonomous driving, using a patented signature-based approach that requires less data and computing power than traditional deep learning. The company announced a $101 million initial Series C funding round on November 1, 2021, led by Temasek Holdings, with participation from BMW i Ventures, Continental, VinFast, Knorr-Bremse, and others including Changer Club, Eduardo Gutierrez, and LIP Ventures Boutique. This round later closed at $120 million in March 2022 with the same investors. Autobrains' technology aims to enable safer, more affordable autonomous solutions across passenger vehicles, trucks, and edge cases like school zones or off-roading, positioning it against competitors like Mobileye. The funding supports refining self-learning AI capabilities, expanding into trucks and new markets in Asia, Europe, and the US, and growing commercial reach. Strategic investors highlight the technology's potential to reduce development times, costs, and hardware dependency while improving perception accuracy. Autobrains has raised over $120M total across rounds, with backing from automotive giants enabling partnerships for ADAS and higher autonomy levels. The company emphasizes modular software for entry-level to luxury vehicles, agnostic to sensors and SoCs, driving industry disruption amid growing demand for safer self-driving tech fueled by legislation and NCAP standards.

Who has invested in Autobrains?

9 investors have backed Autobrains across its funding rounds, including Knorr-Bremse, Temasek, BMW i Ventures, Continental, VinFast and LIP Ventures Boutique.

Lead investors include Temasek and Knorr-Bremse.


Autobrains Investors

Investors in Autobrains by funding rounds participated
InvestorHQRoundsRoleFirst check
Knorr-BremseGermanyMunich3LeadNov 2021
TemasekSingaporeSingapore2LeadNov 2021
VinFastVietnamHai Phong2ParticipantNov 2021
ContinentalGermanyHanover2ParticipantNov 2021
BMW i VenturesUnited StatesSan Francisco, CA2ParticipantNov 2021
Eduardo GutierrezSpainMadrid1ParticipantNov 2021
Changer ClubSwitzerlandLausanne1ParticipantNov 2021

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Autobrains Competitors

Autobrains competitors include listed companies like Cidi, Kodiak AI and Tesla, and private ones like Applied Intuition, Didi Woya and Momenta.

Public and private companies comparable to Autobrains
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Applied IntuitionUnited StatesSan Francisco, CAPrivate$415M-$15B36.1x
Didi WoyaChinaBeijingPrivate--$5B-
MomentaChinaBeijingPrivate$76M-$5B-
CidiChinaChinaPublicly listed$132M($155M)$1.3B5.0x
Kodiak AIUnited StatesUnited StatesPublicly listed$4M($577M)$768M98.7x
TeslaUnited StatesUnited StatesPublicly listed$95B$10B$1.4T13.8x

Autobrains Public Comps

Autobrains is still privately-owned, but its public comps include Tesla, Palantir, Snowflake, General Motors, Z.ai, SAIC Motor, IonQ, Aurora Innovation, MiniMax Group and XPENG.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
General Motors$185B$15B1.0x1.0x12.1x8.5x
Z.ai$108M($658M)422.9x65.9x(69.4x)(73.0x)
SAIC Motor$98B$7.1B0.1x0.1x1.5x2.3x
IonQ$130M($531M)109.9x40.3x(26.9x)(39.1x)
Aurora Innovation$3M($786M)3957.3x1040.1x(15.1x)(15.5x)

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Common questions about Autobrains

When was Autobrains founded?Autobrains was founded in 2019.
Where is Autobrains headquartered?Autobrains is headquartered in Tel Aviv, Israel.
Is Autobrains publicly listed?No, Autobrains is a private, VC-backed company.
How much funding has Autobrains raised?Autobrains has raised $145M across 3 funding rounds.
What was Autobrains' last funding round?Autobrains' last funding round was a $19M Series C in March 2022, led by Temasek.
Who are Autobrains' investors?Autobrains' investors include Knorr-Bremse, Temasek, VinFast, Continental, BMW i Ventures, Eduardo Gutierrez, Changer Club, Momentum VC and LIP Ventures Boutique.
Which companies are comparable to Autobrains?Companies comparable to Autobrains include Applied Intuition, Didi Woya, Momenta, Cidi, Kodiak AI and Tesla.

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