{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwI7nxZAKDA","lastupdate":"2024-04-18T00:00:00.000Z","update_date":"2024-04-18T00:00:00.000Z","lastModified":"Jan 26, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"aurora-labs","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$12DTvhqLeLxGHa6SY64yumvAHma1NShC8c4tuaHccYMYY842ULTY4U","name":"Aurora Labs","oneliner":"AI-based Vehicle Software Intelligence","registrar":"515557114","website":"https://www.auroralabs.com","careerspage":"https://www.auroralabs.com/careers","founded_month":12,"founded_year":2016,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/TheAuroraLabs","youtube":"","facebook":"https://www.facebook.com/TheAuroraLabs","linkedin":"https://www.linkedin.com/company/18682859","instagram":""},"social":["https://twitter.com/TheAuroraLabs","https://www.linkedin.com/company/18682859","https://www.facebook.com/TheAuroraLabs"],"flattenedsociallinks":"https://twitter.com/TheAuroraLabs|https://www.linkedin.com/company/18682859|https://www.facebook.com/TheAuroraLabs","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":57,"patent":1,"raised":97500000,"stage":"C","public_stage":"C","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sKDA","primary_sector":"Automotive & Mobility Technologies","alternativenames":null,"about":"Aurora Labs develops Line-of-Code Intelligence (LOCI), an artificial intelligence technology used to analyze and optimize software for the automotive industry. 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The company plans to recruit new talent in AI and machine learning to support its new focus.","partners":null,"customers":null,"eventType":null,"investors":["Moore Strategic Ventures","Porsche SE","Colmobil Group","Marius Nacht","LG","Toyota Tsusho","MizMaa","FM Capital","Maniv Mobility"],"confidence":9,"key_topics":["high-performance computing","AI platform","layoffs","investment","automotive industry"],"date_of_event":null,"product_stage":"released","investment_date":"2022","acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":"63 million","structured_issues":["Layoffs","Investment","Expand"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Layoffs  #Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"x0ZZBdc8hx8pvxGArmg0MkhL74UbfXnHWmTcCaccNA86eBJRfg6lin","news_summary":"The Israeli autotech company shifts focus to high-performance computing in vehicles and data centers.  ","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"pJRxPfCmLl1vlTIIyrvbZUPHs4wGlCgo7qeWRjtwjdhF5iCjryP1EP","date":"Jan 26, 2025","link":"https://www.themarker.com/technation/2025-01-26/ty-article/.highlight/00000194-a275-d95d-a9fd-ee7d19450000","source":"www.themarker.com","visible":1,"analysis":{"tags":"layoffs","round":null,"company":"Aurora Labs","layoffs":45,"summary":"Aurora Labs, an Israeli autotech company, has laid off approximately 60% of its workforce, equating to 45 out of 75 employees. 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The layoffs follow a previous investment round where Aurora Labs raised $100 million.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["layoffs","business shift","HPC","cash reserves","investment"],"date_of_event":"January 26, 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":"100 million dollars","structured_issues":["Layoffs"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":null,"structuredIssuesShow":"#Layoffs","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"Fk967FXMcjBPiu0yjVbrEL4aTwVFBBZPkZy25Uekr4t7bFsHzr85mt","news_summary":"אחרי גיוסים של 100 מיליון דולר: אורורה לאבס פיטרה 60% מעובדיה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"EgQ67prGuccYN2qllajWp3XyAPBEPx2awFEIYozxwnaRalE21j1Npd","date":"Jun 13, 2024","link":"https://www.prnewswire.com/il/news-releases/aurora-labs-loci---the-first-ai-advisor-engineer-with-advanced-prompting-capabilities-for-software-development-302170594.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Software Development, AI","company":"Aurora Labs","layoffs":"Not mentioned","summary":"Aurora Labs has announced a technical preview of LOCI 2.0, an AI Advisor Engineer with advanced prompting capabilities. The tool is designed to detect software anomalies, provide guidance on project branches, and help develop accurate tests to improve system quality and reliability. The company is offering a free early access offer for engineers before the tool becomes generally available in Q4 2024. LOCI 2.0 extends the capabilities of GitHub Copilot and is compatible with hardware from suppliers such as Infineon, NVIDIA, NXP, Qualcomm, Renesas, Samsung, and STMicroelectronics.","partners":["Infineon","NVIDIA","NXP","Qualcomm","Renesas","Samsung","STMicroelectronics"],"customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":["Software Anomalies","AI Advisor Engineer","Software Reliability","Software Quality","Software Maintenance"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Customers","Partners","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"QW8a8dYtUUtPxUApmejRdAmGjpHWBqCZujhsAX1JHCDUb6QZLKwSJg","news_summary":"Aurora Labs LOCI - the first AI Advisor Engineer with advanced prompting capabilities for software development","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"zUiBWJRMkAXjuIttVfM6AqvYsB6hHhFq8kiLHJIxY5bSzgm1FxeEBf","date":"Jan 7, 2024","link":"https://venturebeat.com/ai/infineon-teams-up-with-aurora-labs-on-predictive-maintenance-for-driver-safety/","source":"venturebeat.com","visible":1,"analysis":{"tags":"Partnership, Automotive Safety","company":"Aurora Labs, Infineon Technologies","layoffs":"N/A","summary":"Infineon Technologies and Aurora Labs have announced a partnership to provide improved predictive maintenance solutions for the automotive industry, with the aim of enhancing driver safety. The partnership will leverage Aurora Labs’ Line-of-Code Intelligence (LOCI) AI technology, implemented on Infineon’s 32-bit TriCore AURIX TC4x family of microcontrollers (MCUs). This integration will allow automotive manufacturers to improve vehicle safety, reliability, and performance over a vehicle’s lifespan. The partners aim to facilitate predictive safety maintenance using AI capabilities, ensuring a seamless and secure experience for drivers.","partners":"Infineon Technologies","customers":"Automotive Manufacturers","investors":"N/A","confidence":9,"key_topics":"Predictive Maintenance, Automotive Safety, AI-based Solutions, Software Lifecycle, Data Corruption","date_of_event":"January 8, 2024","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners","acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"5RwiMzPniWfyYHRjdJoHsB4eX4iPaB8dTz4i4z6YHTgVQoeND13yWO","news_summary":"Infineon teams up with Aurora Labs on predictive maintenance for driver safety","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"24CqAjEtYTDhv8y1D6tKWvo4fqIUH2zz1lCFvpLqrAHSQjNVAVrjYI","date":"Jan 18, 2023","link":"https://www.nttdata.com/global/en/news/press-release/2023/january/ntt-data-and-aurora-labs-announce-a-global-strategic-cooperation-for-software-over-the-air-updates","source":"www.nttdata.com","visible":1,"analysis":{"tags":"strategic cooperation","company":"NTT DATA Corporation","layoffs":null,"summary":"NTT DATA and Aurora Labs have announced a global strategic cooperation in the Automotive Industry, focusing on AI technology and 5G for over-the-air software updates. The partnership aims to achieve a 25-fold increase in efficiency and enable updates of 5000 nodes per radio cell. NTT DATA will provide its industry expertise and 5G expertise, while Aurora Labs will contribute its AI capabilities. The collaboration will address software agility in development, production, and on the road. The companies believe that their solution will be a game changer for managing the software lifecycle of Infotainment and ADAS systems. NTT DATA is a global digital business and IT services leader, while Aurora Labs is an automotive AI company.","partners":"Aurora Labs","customers":null,"investors":null,"confidence":9,"key_topics":["5G","AI","software updates","automotive industry","efficiency"],"date_of_event":"2023-01-17","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"xvz5BMMKCufIjgbbamM2rLcZl6V0nY8PUQEYjOLEuA0vkppX7kb1aE","news_summary":"NTT DATA and Aurora Labs announce a global strategic cooperation for software over-the-air updates supported by Artificial Intelligence and 5G connectivity","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"QOKZCG25i6gRcI5V0N9KnC4VEaxkaZr2QMnk8wRMlNVFj5aWeZeNli","date":"Jan 8, 2023","link":"https://chiportal.co.il/%d7%90%d7%95%d7%a8%d7%95%d7%a8%d7%94-%d7%9c%d7%90%d7%91%d7%a1-%d7%95%d7%90%d7%99%d7%a0%d7%a4%d7%99%d7%a0%d7%99%d7%95%d7%9f-%d7%94%d7%93%d7%92%d7%99%d7%9e%d7%95-%d7%91-ces-%d7%98%d7%9b%d7%a0%d7%95/?_atscid=7_134353_204082920_2348687_0_Txtetaxjxdshwhus8sp","source":"chiportal.co.il","visible":1,"analysis":{"tags":"Partnership, Technology","company":"Aurora Labs, Infineon Technologies","layoffs":"N/A","summary":"Israeli company Aurora Labs and Infineon Technologies are partnering to provide breakthrough capabilities for efficient and fast remote software updates (OTA) in vehicles. Aurora Labs demonstrated its AI-based technology for performing remote software updates and predicting downtime on Infineon Technologies TC3xx and TC4xx AURIXTM chips. The collaboration between Aurora Labs and Infineon Technologies combines advanced knowledge in the field of software, solutions in the field of semiconductors, and AI-based technologies, enabling efficient management of installed software throughout the vehicles life.","partners":"Infineon Technologies","customers":"N/A","investors":"N/A","confidence":8,"key_topics":"AI Technology, Software Updates, Vehicle Industry, Cost Saving, Safety","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners","acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Jgp8DofoRCepkoooH8HNjmH9bWB9feeYFuIt8zTlN2R8CqeFTbxSyT","news_summary":"אורורה לאבס ואינפיניון הדגימו ב-CES טכנולוגיה לעדכוני תוכנה מרחוק לרכבים - Chiportal","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a83d5645-e3b0-4181-9b71-40e735df4a91","date":"Jul 7, 2022","link":"https://www.calcalistech.com/ctechnews/article/r10vnv4oq","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"autotech, software development, AI","company":"Aurora Labs","layoffs":null,"summary":"Israeli autotech startup Aurora Labs has raised $63 million in a Series C financing round led by Moore Strategic Ventures. The funding brings the total investment in the company to approximately $100 million. Aurora Labs provides AI-based Vehicle Software Intelligence solutions that allow automotive companies and suppliers to develop, certify, diagnose software, and conduct over-the-air updates. The funding will be used to further develop and expand the companys technology. Porsche Automobil Holding SE and Colmobil Corp, led by the Harlap family, were also participants in the funding round.","partners":"Porsche Automobil Holding SE, Colmobil Corp","customers":null,"investors":"Moore Strategic Ventures, Porsche Automobil Holding SE, Colmobil Corp","confidence":8,"key_topics":["Series C financing","AI-based Vehicle Software Intelligence","Over-the-air updates","Investment","Automotive sector"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$63 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"gfGpRy4LFCi1F70RbUPp1vphsDtGEIik6758hCD3UZiVhtv5cyTe1X","news_summary":"Aurora Labs raises $63 million Series C for vehicle software intelligence  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3eab8d2e-349c-4093-aaa7-5faddc452d9c","date":"Sep 22, 2020","link":"https://en.globes.co.il/en/article-Israeli-car-software-co-Aurora-Labs-raises-23m-1001343439","source":"en.globes.co.il","visible":1,"analysis":{"tags":"remote software management, remote diagnostics, over-the-air software updates","company":"Aurora Labs","layoffs":null,"summary":"Israeli vehicle remote software management company Aurora Labs has raised $23 million in a Series B financing round led by LG Technology Ventures and Marius Nacht. The funding round also saw participation from Porsche SE, Toyota Tsusho, and UL Ventures, as well as existing investors. Aurora Labs provides carmakers, tier-1s, silicon vendors, and enterprises with remote software management, remote diagnostics, and over-the-air software updates. The companys solutions are used by global automotive manufacturers and device manufacturers to collect actionable data and predict and fix software problems. The funding will help Aurora Labs further develop its technology and expand its partnerships in the automotive industry.","partners":null,"customers":null,"investors":"LG Technology Ventures, Marius Nacht, Porsche SE, Toyota Tsusho, UL Ventures","confidence":9,"key_topics":["Series B financing","Investors","Partnerships","Software management","Automotive industry"],"date_of_event":"September 22, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$23 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"svwfcuYQytaTzHaeAaB63NnJlOUPT9xchL7guvUqLTJy5Hbkaxn2Yk","news_summary":"Israeli car software co Aurora Labs raises $23m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"54f4e71f-21b9-4a76-b303-c272bcde6b75","date":"Oct 15, 2019","link":"https://www.auroralabs.com/aurora-labs-wins-the-emove360-award-for-its-in-vehicle-software-management-solution/","source":"www.auroralabs.com","visible":1,"analysis":{"tags":["In-Vehicle Software Management","Automotive","Automated Driving","Electronics"],"company":"Aurora Labs","layoffs":null,"summary":"Aurora Labs has won the eMove360 Award for Electric & Autonomous Mobility in the category Automated Driving & Electronics for its Line-of-Code BehaviorTM technology. This technology provides automotive manufacturers with a comprehensive solution to manage, certify, and maintain software-driven automotive features. Aurora Labs solution uses Machine Learning and AI to detect errors in the line-of-code behavior and functionality of a vehicles software, ensuring vehicle and driver safety. The company also enables over-the-air updates of electronic control units (ECUs) with zero downtime. The award recognizes Aurora Labs contribution to fostering trust in autonomous driving and new vehicle innovations.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Software Management","Automotive","Automated Driving","Electronics","Safety"],"date_of_event":"October 15, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ZL4Fd4dJtXhNKbAi5hiZZ4ST4mBrVcvzI1Xn1wpSVG7qZ6OV7TblfO","news_summary":"Aurora Labs Wins the eMove360° Award for its In-Vehicle Software Management Solution - Aurora Labs","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e7262bc4-d3d7-456b-bcdd-af2cd940a73d","date":"Oct 23, 2018","link":"https://www.auroralabs.com/pr-aurora-labs-named-a-cool-vendor-by-gartner/","source":"www.auroralabs.com","visible":1,"analysis":{"tags":"Cool Vendor","company":"Aurora Labs","layoffs":null,"summary":"Aurora Labs has been named a Cool Vendor by Gartner Inc. in their report on Automotive and Smart Mobility. The report recognizes Aurora Labs as an innovative vendor that uses AI-powered solutions to transform the mobility market. Aurora Labs enables automotive manufacturers to proactively respond to future vehicle software architectures and bring vehicles to market faster. The company is working with car manufacturers and suppliers to introduce new technologies, including machine learning and AI, to the industry. Aurora Labs has also been invited to participate in the STARTUP AUTOBAHN innovation platform. Gartners recognition validates the need for automotive manufacturers to adopt new solutions for agile development processes.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Self-Healing Software","AI-powered solutions","automotive software","mobility market","user-centric development processes"],"date_of_event":"October 2018","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"6pqDMOZnerc9VCjkMIa6dj0UAdZmTACRwjQMU08xqnj2vV2lbhRscR","news_summary":"Aurora Labs Named A Cool Vendor By Gartner - Aurora Labs","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d6a1fdde-07b7-4bd2-a722-c13f554488c2","date":"Oct 1, 2018","link":"https://www.prnewswire.com/news-releases/industry-veteran-roger-ordman-joins-self-healing-software-company-aurora-labs-as-executive-vice-president-of-marketing-835332178.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"appointment","company":"Aurora Labs","layoffs":null,"summary":"Aurora Labs has appointed Roger Ordman as Executive Vice President of Marketing to lead the companys marketing initiatives. The appointment is seen as a crucial part of the companys growth as it continues to innovate in the automotive market. Aurora Labs is known for its Self-Healing Software™ for future-proof automotive software. The company recently announced a Series A round investment of $8.4 million, which is fueling its product development and international sales and marketing expansion efforts.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Executive Vice President","Marketing","Automotive software","Growth","Series A investment"],"date_of_event":"October 1, 2018","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$8.4 million","structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ceeZ4UwR4apD2TUO05XE85mP1PgqYWE37AW5FqEmoZQlXPocAdHMRi","news_summary":"Industry Veteran Roger Ordman Joins Self-Healing Software Company Aurora Labs as Executive Vice President of Marketing","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f9a5a186-c72e-465b-a68e-bfe0dfef05ff","date":"Jul 11, 2018","link":"https://en.globes.co.il/en/article-isaeli-autotech-co-aurora-labs-raises-84m-1001245590","source":"en.globes.co.il","visible":1,"analysis":{"tags":"predictive maintenance","company":"Aurora Labs","layoffs":null,"summary":"Aurora Labs, an autotech company based in Tel Aviv, has closed an $8.4 million A round of financing led by Fraser McCombs Capital and MizMaa Ventures. The company has developed a predictive maintenance solution for future-proof automotive software and already has three paying global OEM customers. The funds will be used to expand its international presence and advance R&D activity. Aurora Labs technology addresses the increasing complexity of software-driven innovation in the automotive industry and aims to predict downtime events, fix flaws in software, and provide cost-effective and swift ECU updates. The companys success with major OEMs and the critical need for its solutions indicate the potential for growth in the industry. 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