Ottopia, a Tel Aviv, Israel-based software company that enables the commercial deployment of autonomous vehicles (AVs), raised $14.5M in Series A funding round.
The round was led by ComfortDelGro, AI Alliance Fund, MizMaa Ventures, IN Venture and Next Gear Ventures.
The company intends to use the funds to accelerate the roll-out of its teleoperation software to fulfill its mission of enabling autonomy in all industries.
Ottopia aims to enable autonomy in multiple industries such as mobility, logistics, freight, last-mile delivery, agriculture, and construction. Its teleoperation software enables autonomous vehicles and machines to do things they otherwise cannot, while allowing their developers to cut R&D costs, commercialize faster and comply with regulatory requirements for deployment. With Ottopia’s product, humans in a remote center can safely monitor, guide and even directly control fleets of vehicles in a manner that is safe and cybersecure. The patented technology is built upon numerous innovations in the domains of networking, video, user experience, cybersecurity, and integration with the autonomous “brain”. Their software has been tested and deployed in a variety of environments, making it an essential tool for enabling the widespread adoption of autonomous technology.
FinSMEs
11/01/2023