BMW i Ventures, Continental, Knorr-Bremse and VinFast were among the investors that helped the autonomous driving software provider close its latest funding round.

Israel-based self-driving technology developer Autobrains has closed its series C round at $120m, featuring investors including automotive producers BMW and VinFast as well as car parts producers Continental and Knorr-Bremse.

Singaporean government-owned investment fund Temasek led the round, in which BMW was represented by BMW i Ventures. The company had initially disclosed a $101m series C round in November 2021 featuring the same investors as the latest close.

Founded in 2019 and formerly known as Cartica AI, Autobrains is…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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