Carteav
Autonomous Low-speed Vehicles
Company Overview
Snapshot
Founded in September 2020 by Avinoam Barak and Eli Doron, Carteav has 11–50 employees. The company has raised $6.5 million across two funding rounds from four investors. In November 2022, Carteav closed a $6.5 million capital funding round.
Business overview
Carteav develops autonomous low-speed vehicle solutions for safely transporting people and goods within geo-fenced areas. Its technology is designed for environments such as resorts, hotels, retirement communities, neighborhoods, factories, and airports, aiming to provide efficient, feature-rich transportation and cost savings. The company operates within the Automotive & Mobility Technologies sector, focusing on smart mobility and autonomous vehicles.
Strategic signal
In January 2023, Carteav appointed new strategic investors to its active business advisors. This move signals a strengthening of the company's strategic guidance and network, potentially accelerating its market penetration and product development in the autonomous low-speed vehicle sector.
Company Intelligence Q&A
- When was Carteav founded?
- Carteav was founded in September 2020 by co-founders Avinoam Barak and Eli Doron.
- What is Carteav's primary focus?
- Carteav focuses on providing autonomous low-speed vehicle solutions for safe transportation of people and goods in geo-fenced environments like resorts, hotels, and airports.
- What was a significant funding event for Carteav?
- In November 2022, Carteav closed a $6.5 million capital funding round. Investors included Altshuler Shaham Investment House and Mobilion Ventures.
- What was a key strategic development for Carteav in early 2023?
- In January 2023, Carteav appointed new strategic investors to its active business advisors, enhancing its strategic guidance and industry connections.
- Which markets does Carteav target with its autonomous vehicle solutions?
- Carteav targets markets such as resorts, hotels, retirement communities, neighborhoods, factories, and airports with its TruSafe™ autonomous low-speed vehicle solution.