- Companies
- Autobrains
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
Knorr-Bremse
Temasek
BMW i Ventures
Continental
VinFast
LIP Ventures Boutique
Changer Club
Momentum VC
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2022 | Series C | Temasek (lead); Knorr-Bremse; Momentum VC; VinFast; Continental; BMW i Ventures | $19M | Autobrains 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 2021 | Strategic investment | Knorr-Bremse (lead) | $25M | Autobrains, 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 2021 | Series C | Temasek (lead); Knorr-Bremse; Eduardo Gutierrez; Changer Club; LIP Ventures Boutique; VinFast; Continental; BMW i Ventures | $101M | Autobrains, 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Nov 2021 | ||
| 2 | Lead | Nov 2021 | ||
| 2 | Participant | Nov 2021 | ||
| 2 | Participant | Nov 2021 | ||
| 2 | Participant | Nov 2021 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Participant | Nov 2021 | ||
This data is available for Pro users. Sign up to see all 9 Autobrains investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAutobrains Competitors
Autobrains competitors include listed companies like Cidi, Kodiak AI and Tesla, and private ones like Applied Intuition, Didi Woya and Momenta.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $415M | - | $15B | 36.1x | ||
| Private | - | - | $5B | - | ||
| Private | $76M | - | $5B | - | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x | ||
| Publicly listed | $4M | ($577M) | $768M | 98.7x | ||
| Publicly listed | $95B | $10B | $1.4T | 13.8x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $185B | $15B | 1.0x | 1.0x | 12.1x | 8.5x | |||
| $108M | ($658M) | 422.9x | 65.9x | (69.4x) | (73.0x) | |||
| $98B | $7.1B | 0.1x | 0.1x | 1.5x | 2.3x | |||
| $130M | ($531M) | 109.9x | 40.3x | (26.9x) | (39.1x) | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
This data is available for Pro users. Sign up to see all Autobrains competitors and their valuation data. Start Free Trial | ||||||||
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. |
See companies similar to Autobrains
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




