HomeIsraelOttopia Closes $3M in Seed Funding

Ottopia Closes $3M in Seed Funding

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ottopiaOttopia, a Tel Aviv, Israel-based technology company focused on remote assistance for self-driving cars, closed $3m seed funding.

The round was led by MizMaa Ventures with participation from Glory Ventures, Plug and Play and NextGear.

The company plans to use the funds to expand its R&D team and collaborate with AV companies to prove the safety of its platform.

Co-founded in 2018 by Leon Altarac (CTO) and Amit Rosenzweig (CEO), Ottopia has developed a software platform that allows the human operator and the car’s AI to work together during a remote intervention. The human assists the AV with decision-making in a complex scenario. The AV then executes that decision and navigates with a full suite of sensors and safety measures engaged.

FinSMEs

21/12/2018

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