Foretellix closes $85M Series C round

Dec 5, 2023 · Funding · Foretellix · Simulation

Foretellix closed an $85 million Series C financing round led by 83North to scale its autonomy validation products and AI capabilities.

Foretellix company media
Company media · Foretellix
  • 83North led the round, with Temasek and Isuzu joining investors including Woven Capital and NVIDIA.
  • The company said the Series C brought total capital raised to $135 million.
  • Foretellix said the funding would extend its product line and accelerate AI capabilities for autonomous systems.

Foretellix develops a verification and validation toolchain for physical AI and autonomous systems. Its software defines measurable safety requirements, generates scenarios, orchestrates simulation and real-world testing, and analyses coverage across large validation campaigns. The company serves automotive, trucking, mining and industrial autonomy programmes that need auditable evidence before scaled deployment.