C
Cortica
Autonomous AI platform that enables the car to predict and react to any situation ensuring a safe, intelligent and efficient driverless driving experience
About Cortica
Cortica is a leading company in the field of Autonomous Artificial Intelligence (AI). The company has spent over $250 million in the past 15 years to develop a wide range of AI technologies. These technologies, which are protected by over 300 patents, enable machines to think and process information similarly to the human brain. This is achieved by shifting from traditional AI labels to generic representations, and indexing and compressing information into neural responses for efficient data processing.
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Cortica's AI technology is designed to be adaptable and efficient, using a minimal set of resources during processing. This results in superior performance and higher efficiency. The AI algorithms are self-learning, meaning they can adapt and learn in a dynamic environment without the need for manually labelled data. This makes them immune to data biases and capable of processing and indexing large volumes of data on low compute platforms.
Cortica's technology can handle any type of signal, including visual, audio, radar, and time series. This makes it versatile and applicable in a wide range of industries. One of its key partnerships is with Qualisense, where they are developing a self-learning AI quality inspection platform. This platform can train itself to detect defective parts with minimal user guidance, reducing the cost and time required to deploy automated inspection systems.
Another key application of Cortica's technology is in the automotive industry, where it is revolutionizing how deep learning is applied. Its self-learning approach mimics human driving perception, offering solutions for the next generation of vehicles and mobility. This results in safer, superior performance at lower energy consumption and less cost.
In summary, Cortica operates in the AI technology market, serving a wide range of industries with its self-learning, efficient, and adaptable AI technologies. Its business model involves developing and licensing its AI technologies to other companies.
At a glance
- Status
- Operational
- Founded
- 2007
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 28
- Open positions
- None listed
- Dealroom signal
- 71.2/100
- Sub-industry
- Autonomous & Sensor Tech
- Sector
- Transportation
- Technology
- Artificial Intelligence, Hardware, Big Data, Deep Tech, Machine Learning, Deep Learning, Nanotech, Computer Vision, Autonomous & Sensor Tech, Connected Device, Recognition Technology, IoT InternetOfThings
- Client focus
- b2b
- Investment activity
- 2 companies
- Capital deployed
- —
- Preferred round
- Unknown
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Oct 2023 | $40M | $160M | CVS Health · Ascension Investment Management | ↗ |
| SERIES DOther financing | Apr 2023 | $75M | $300M | Optum Ventures | ↗ |
Growth signals
Latest recorded traffic for Cortica is 3.5K monthly website visits, up 40% over the last three months. Cortica's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Horizons Ventures
Mail.ru Group
Series B and later6 investors entered at this stage
Lanta Capital Holdings
Ynon Kreiz
BlackPine
Optum Ventures
CVS Health- AMAscension Investment Management
Other known investors1 additional known investor
Technion Israel Institute of Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Cortica on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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