Nationwide, Volvo Invest in ADAS Testing Platform
Sept. 3, 2021—Nationwide Insurance is one of several investors into Foretellix, a platform automating the testing, verification and validation process for ADAS.
According to a press release, Foertellix secured $32 million in its latest series B funding round, with Nationwide and Volvo participating.
Fortetellix was founded in 2018 and is experiencing a rapid increase in demand for its platform. The platform is used throughout the development cycle, from the requirements stage through product development, verification and validation.