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Tactile Mobility Raises A Further $27 Million To Enhance The Missing Sense Of Touch In Vehicles

Oct 27, 2021•over 3 years ago

Amount Raised

$27 Million

Haifa

Description

Tactile Mobility, the leading tactile data and virtual sensing technology company, today announced it has raised $27 million as part of a Series C funding round led by Delek Motors, with strategic investment from Goodyear Ventures and Porsche Ventures, and supported by Union Group, The Group Ventures, Zvi Neta (AEV), Giora Ackerstein, and Doron Livnat. This brings Tactile Mobility's total funding to $47 million. The funds will be used to support the rapidly growing demand for its sensing technology and data offerings, expand into new segments among vehicle manufacturers, tier-1's, insurers, tire manufacturers and more, and deepen its offerings, including additional virtual sensors and expanding the company's cloud platform.

Company Information

Company

Tactile Mobility

Location

Haifa, Haifa District, Israel

About

Tactile Mobility enables the next phase of mobility development by leveraging existing vehicle sensors and artificial intelligence to equip vehicles with the missing sense of "touch." By generating, collecting, and processing data from existing in-vehicle sensors about the vehicle, road, and surrounding environment, Tactile Mobility enables OEMs, Tier-1 suppliers, insurers, and city maintenance and planning departments to offer their customers innovative products, driving efficiency and performance as well as a safe driving experience – depending on their specific objectives. Tactile Mobility was co-founded in 2012 by Boaz Mizrachi, Yossi Shiri and Alex Ackerman and is already working with several OEMs including BMW. The company is headquartered in Haifa, Israel.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech