Porsche Invests in Israeli Startup TriEye to Increase Road Visibility and Safety

Israeli startup which enables vision in adverse weather and night-time conditions TriEye has expanded its Series A round to $19 million with an investment from the luxury car manufacturer Porsche. The German More...

Israel’s SoftWheel, the Developer of Next Generation of Wheels Raises $25 Million

Israel’s SoftWheel, which develops next generation of wheels for the automotive industry, raised $25 million in a third financing round. The investment by and collaboration with Musashi Seimitsu, Japan-based More...

Israeli Self-Healing Automotive Software Developer Aurora Labs Raises $8.4 Million

Israeli startup Aurora Labs, a developer of the predictive maintenance solution software for future-proof automotive, has raised $8.4 million A round of financing led by U.S Fraser McCombs Capital along with More...

Volkswagen Partners With Former Israel’s Shin Bet intelligence agency Chief on Cybersecurity

  Israel has emerged as a leader in the race to keep cars secure and prevent hacking your vehicle. International groups including Volkswagen, Harman International Industries and IBM have already bought More...