Porsche Invests In Israeli Road Visibility Startup TriEye
Israel's TriEye, whose short-wave-infra-red sensing technology enables vision in adverse weather and night-time conditions, has expanded its funding round to $19 million with an investment from German sports car manufacturer Porsche. TriEye said on Wednesday the additional funds will be used for product development and operations as well as team growth.
In May, TriEye announced an early funding round, led by Intel Capital. Other investors in the round include Israeli businessman Marius Nacht and TriEye's existing investor Grove Ventures. To date, TriEye has raised $22 million, including a seed investment of $3 million led by Grove Ventures in 2017.The company said its camera, whose initial samples are due to launch in 2020, is designed to save lives on the roads.
Porsche Ventures said it seeks strategic investments in businesses relating to customer experience, mobility and digital lifestyle, as well as artificial intelligence, blockchain and virtual and augmented reality.
Related News
Popular Porsche Models
Latest Cars
Upcoming Cars
Trending News
Latest News
car&bike Team | Dec 12, 2025Nissan Entry MPV Design To Be Unveiled On December 18New MPV to be the first of three new models for India by Nissan, alongside the Tekton and a three-row SUV.1 min read
Jaiveer Mehra | Dec 12, 2025New Mini Convertible Launched At Rs 58.50 LakhDrop-top variant of the iconic Cooper hatchback available in a single Cooper S spec.1 min read
car&bike Team | Dec 12, 2025Mahindra XUV 7XO Pre-Bookings Open December 15The mid-cycle update to the XUV 700, the XUV 7XO, is set to borrow design elements and tech from the new Mahindra XEV 9S.2 mins read
Jafar Rizvi | Dec 12, 2025New Kia Seltos vs Maruti Suzuki Victoris: Dimensions, Engines, Features ComparedThe Seltos has long ruled the Indian market, and now it arrives with a fresh design inside and out. But, how does it compare with Maruti Suzuki’s newly launched compact SUV, the Victoris? Let’s find out.1 min read
Seshan Vijayraghvan | Dec 11, 2025New MINI Cooper Convertible India Launch TomorrowThe MINI Cooper S Convertible gets a a 2.0-litre twin turbo petrol engine that makes 201 bhp and 300 Nm of peak torque.1 min read
car&bike Team | Dec 11, 2025Ather Rizta Sales Cross 2 Lakh Unit MilestoneMilestone arrives within 2 years of the scooter’s launch in April 2024.1 min read
Janak Sorap | Dec 11, 2025Harley-Davidson X440 T First Ride Review: Smarter and SharperHarley-Davidson has taken the X440 and given it a more focused and engaging twist. The result is the X440 T—essentially the same platform but updated in areas that give the motorcycle more appeal and riders more thrill.5 mins read
Shams Raza Naqvi | Dec 10, 20252025 Mini Cooper Convertible Review: More Colour On Indian RoadsThe updated Mini Cooper Convertible is set to be launched in the Indian market in the next few days. We drive it around Jaisalmer for a quick review.1 min read
Bilal Firfiray | Dec 8, 2025Tata Sierra Review: India’s New Favourite?Marking its return after a few decades, the reborn Sierra has made everyone sit up and take notice. But is it worth the hype?10 mins read
Girish Karkera | Dec 4, 20252026 Honda Prelude First Drive: Domesticated Civic Type RA sporty-looking coupe built to give customers a taste of performance but not at the expense of everyday practicality.5 mins read
Seshan Vijayraghvan | Nov 29, 2025Mahindra XEV 9S First Drive Review: Big Electric SUV, Bigger ExpectationsThe XEV 9S lands at a time when the EV crowd is growing fast. It’s a big, born-electric, three-row SUV that starts under 20 lakh. It sits close to the XUV700 in size, but the brief is very different. Here’s what it’s like on the road.11 mins read