Israeli Smart Car Co. Autotalks Raises $30M

March 23, 2017 | Israeli V2X (Vehicle to Everything) communication solutions startup Autotalks has completed a $30 million Series D financing round. The new funding round includes the company’s existing investors: Magma Venture Capital, Gemini Israel Fund, Amiti Fund, Mitsui & Co. Global Investment, Liberty Ventures and Delek Motors, as well as new financial investors: Israeli institutions, Fraser McCombs Ventures, Vintage Investment Partners and Samsung Catalyst Fund. The proceeds will be used to expand the company’s worldwide operations and accelerate deployment of technologies for safer and smarter autonomous vehicles. Autotalks, which specializes in vehicle to vehicle communications in autonomous driving, has raised $70 million to date including this round. The company was founded in 2008 by Onn Haran and is based at Kfar Netter near Netanya.