On the road of continuous growth, Autobrains – an AI leader in the automotive industry headquartered in Tel Aviv – is intensifying its European and international activities by opening a new site in Munich.
TEL AVIV, ISRAEL, MUNICH, GERMANY – February 2024: Autobrains, an automotive AI pioneer and developer of revolutionary signature-based self-learning AI, has achieved a major milestone in maturing its AI products and technologies. With soaring customer engagement, the company is poised for the next phase of growth.
The strategy includes establishing a physical presence in Europe’s automotive hub. Autobrains is thrilled to announce the launch of its new subsidiary and office in Munich, Germany.
This strategic expansion into Germany marks a pivotal step in ascending to the next level of maturity and signals the company’s commitment to making an impactful entrance into the ADAS sector. In a significant development last year, Autobrains has accomplished several impressive milestones, which include:
- The successful onboarding of industry professionals Hilla Tavor and Uri Yacovy to lead Autobrains’ business development and operational strategies. Both transitioned from Mobileye, bringing with them years of experience from high-tech, automotive, and security companies, thereby elevating the company’s operational excellence.
- The amplification of its recruitment initiatives, aimed at attracting the top echelons of AI and automotive expertise within Europe.
- The establishment of Autobrains’ Munich office, a move that not only brings the company into direct alignment with European Original Equipment Manufacturers (OEMs) but also enables it to tap into the rich vein of local talent.
The Munich site marks a key expansion of the company’s base. Igal Raichelgauz, CEO and founder of Autobrains, shares, “We believe that our presence in Munich will serve as a catalyst for nurturing partnerships, fostering innovation, and propelling Autobrains to the forefront of AI-driven automotive solutions.”
Located in the heart of Europe, the new office guarantees excellent connections to existing and potential partners and customers inside and outside of Germany. The office and the team in Munich are a natural next step in what has been a period of Autobrains’ sustained growth. It is clear evidence that the company is continuing to expand its global footprint.
The Munich office will be the hub for Autobrains’ European demonstration vehicles, providing an ideal environment for developing, testing and refining the company’s AI capabilities. Germany’s specific safety requirements for ADAS and AD systems serve as a benchmark for international standards and guide the work of Autobrains’ developers. The Autobrains team is dedicated to designing assistance systems and autonomous driving functions that not only meet but exceed these high safety standards. Systems that secure approval for the German market can be readily adapted to meet the requirements of other geos, showcasing the global adaptability and commitment to safety inherent in Autobrains’ technology.
About Autobrains
Autobrains is a leading AI company in the automotive industry. Autobrains invented and developed a paradigm-shifting AI technology: Liquid AI – backed by 250+ patents addressing autonomous driving challenges. Implementing this unique AI technology for ADAS applications disrupts the market with its unprecedented perception capabilities, low compute requirements, and agnosicity to sensors and SoCs. The company is backed by strategic investors including Temasek, Knorr-Bremse AG, BMW i Ventures, Toyota Ventures, VinFast, Continental AG, and Autel.
Learn more here: https://autobrains.ai/.
Contacts:
Media contact: Sophia Eichler, media@autobrains.ai, +49 1516-7066494
Investor contact: Nils Berkemeyer, nils.berkemeyer@autobrains.ai, +49 177-627-7752
Sales contact: sales@autobrains.ai
Media contact Germany:
Christian Bangemann, cbangemann@bcom.global, +49 171 8398418
media@autobrains.ai