{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwPrZmcsLDA","lastupdate":"2023-09-03T00:00:00.000Z","update_date":"2023-09-03T00:00:00.000Z","lastModified":"Oct 23, 2025","active":1,"confidence_score":101,"confidence_score_reason":"markets","urlname":"uveye","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":"$k3uAe7uQxWrynx5FqRrucL7Prx7fNtpjIbRDqazwMWuJmub288Ym6a","name":"UVeye","oneliner":"Under-vehicle Inspection System","registrar":"514234202","website":"https://uveye.com","careerspage":"","founded_month":7,"founded_year":2016,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/uv_eye","youtube":"https://www.youtube.com/channel/UCVIaF-iCq3VF2NaykWeGOJw","facebook":"https://www.facebook.com/UVEye.Ltd","linkedin":"https://www.linkedin.com/company/15160113","instagram":"https://www.instagram.com/life_at_uveye"},"social":["https://www.facebook.com/UVEye.Ltd","https://www.linkedin.com/company/15160113","https://www.youtube.com/channel/UCVIaF-iCq3VF2NaykWeGOJw","https://www.instagram.com/life_at_uveye","https://twitter.com/uv_eye"],"flattenedsociallinks":"https://www.facebook.com/UVEye.Ltd|https://www.linkedin.com/company/15160113|https://www.youtube.com/channel/UCVIaF-iCq3VF2NaykWeGOJw|https://www.instagram.com/life_at_uveye|https://twitter.com/uv_eye","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"201-500","employees_exact":280,"patent":1,"raised":239600000,"stage":"D","public_stage":"D","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sKDA","primary_sector":"Automotive & Mobility Technologies","alternativenames":["UV Eye"],"about":"UVeye develops and manufactures automated vehicle inspection systems. Their systems use computer vision and deep learning algorithms to inspect vehicles for damage, defects, and other potential safety hazards. UVeye's systems are used by dealerships, rental car companies, fleet operators, and government agencies.\n\nThe company's advanced deep-learning algorithms also provide security professionals with checkpoint solutions to scan, detect, and alert on potential risks, including improvised explosive devices, weapons, drugs, and other illicit materials, offering reliability for vehicle undercarriage inspections.\n\nThe company was named a cool vendor in Cool Vendors in AI in Automotive and Smart Mobility, 2020 by the Gartner Research Group.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+972773630399","country":null,"address":{"israeli":[{"id":"fcb57c63-492e-4e71-928b-09825470ad0e","city":"Tel Aviv-Yafo","type":null,"address":"Aminadav St 21, Tel Aviv-Yafo, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"356fac11-4c7f-4c3f-99f6-2e5871792194","city":"Mentor","address":"9306 Progress Pkwy, Mentor, OH 44060, USA","country":"United States","placeid":null},{"id":"cZEGhqrxX0e4pSPJ9hTTjPMDaiYoK67CZKYhxo5QyuAoEeTgv110Zp","city":"Teaneck","address":"500 Frank W Burr Blvd, Teaneck, NJ 07666, USA","country":"United States","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"uKpvZdVNf6cYkGcihA6blqtqLSlIPMyjss4sujaHNYkVOrCrVXeHzG","date":"Sep 17, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-expands-ai-powered-vehicle-inspections-to-trucks-buses-and-commercial-fleets-302558973.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"expansion","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, a leader in AI-powered vehicle inspection, has expanded its automated inspection systems to support heavy-duty commercial fleets in the US and UK. The new platform, compliant with CTP AT17 requirements, offers a 17-point inspection process for Class 6–8 trucks and buses. This expansion aims to address industry challenges by improving vehicle uptime, reducing costs, and enhancing customer experience. UVeyes AI-driven systems provide comprehensive inspections, detecting mechanical and cosmetic issues with high accuracy. The technology, already used by major companies like Amazon and GM, is now available to commercial operators, promising improved safety and efficiency.","partners":null,"customers":["Amazon","Hertz","GM"],"eventType":null,"investors":null,"confidence":9,"key_topics":["AI technology","vehicle inspection","fleet management","safety","efficiency"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Product Stage","Customers","Partners"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Product Stage  #Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"obpfganc6DOhTjJRBGhwuamiJn8zEEbl8EMR90QjRg9wagGZyZetD1","news_summary":"/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection, announced today the expansion of its automated inspection systems to support...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"5U6ZXe6dPrtfjCaJ9KGckclc6NSwbPLkk2LLtP9b4rHIwOKU2hZENt","date":"Sep 4, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-and-dealer-tire-launch-integration-to-streamline-tire-quotes-and-boost-customer-trust-and-safety-302546458.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"partnership","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, a leader in AI-powered vehicle inspection technology, has partnered with Dealer Tire to integrate its tire inspection system into Dealer Tires platform. This collaboration aims to streamline tire inspections, improve safety, and enhance transparency for dealerships across North America. The integration allows service advisors to access real-time tire inspection data, including tread depth readings and tire images, directly from the Dealer Tire platform. This partnership is expected to improve dealership efficiency by eliminating manual measurements and providing instant, accurate quotes. UVeyes technology is already in use at hundreds of dealerships and fleet sites globally, with key clients like Amazon and General Motors.","partners":["Dealer Tire"],"customers":["Amazon","General Motors"],"eventType":null,"investors":null,"confidence":9,"key_topics":["AI technology","vehicle inspection","tire inspection","dealerships","integration"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"NpeI9h3AKoRdrZWCVk2wBqZU2GBpMsy4RleINMiJrBEc6YjpWaWciQ","news_summary":"/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, and Dealer Tire, the leading tire distributor and service provider for...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"JnZ8A2DQW0aZQLyew4kvCwuC63fAXd3HAxbobrxODHCbV8yEaAaT9w","date":"Aug 14, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-launches-ai-vehicle-inspections-at-jlr-jaguar-land-rover-north-americas-us-seaport-facilities-bringing-car-delivery-standards-into-a-new-era-302530037.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"partnership","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, a leader in AI-powered vehicle inspections, has partnered with Jaguar Land Rover (JLR) North America to deploy its automated inspection systems at JLRs major U.S. seaport facilities. This partnership marks JLR as the first U.S. car manufacturer to implement UVeyes AI inspections as part of its Customer Acceptance Line process. The initiative aims to enhance quality assurance by providing comprehensive inspections upon vehicle arrival, ensuring high standards before reaching retailers. This move is part of a broader trend of automation and digital transformation in U.S. seaports, promising faster vehicle flow, fewer manual errors, and improved transparency. UVeyes systems are already operational at hundreds of dealerships, and this expansion further solidifies its role in the automotive logistics ecosystem.","partners":"Jaguar Land Rover North America","customers":"Jaguar Land Rover North America","eventType":null,"investors":null,"confidence":9,"key_topics":["AI technology","vehicle inspections","automation","quality assurance","supply chain"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"pTcjNC2h9dv1sSzbg89gtyr1q7VwqXi0l3CzjVAgWLdQBI3fj4hmf7","news_summary":"/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspections, is partnering with JLR (Jaguar Land Rover) North America to install automated...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"16iXGM7kTqm6v4LkX7q0aNFeAOcuulCfBQO8ahlIFpByiymnKW4yTp","date":"Jul 12, 2025","link":"https://www.themarker.com/technation/2025-07-12/ty-article/00000197-fb0b-db31-a79f-ffab74b70000","source":"www.themarker.com","visible":1,"analysis":{"tags":"expansion","round":null,"company":"Nvidia","layoffs":null,"summary":"Nvidia has become the first public company to surpass a market valuation of $4 trillion, marking significant growth compared to its valuation two years ago. The company is planning to expand its presence in Israel by searching for land to establish a new campus, aiming to leverage local government incentives. This move is seen as a strategic effort to continue its growth trajectory and attract high-quality employees. Meanwhile, Intel is facing challenges, including layoffs and potential project cancellations in Israel, as it shifts its focus to new manufacturing technologies. Additionally, Intels Israeli division, RealSense, has spun off into an independent company with a $50 million investment.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["Nvidia","Intel","expansion","layoffs","AI"],"date_of_event":"October 2023","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":"4 trillion dollars","impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Expand"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"fPo3jLHneLPA0sjwCSGGU9sNzIuIiQu2q69Z5VWic3fWgxHsA6vjdN","news_summary":"איך תוכנית \"המכשירים פורצי הדרך\" של FDA הפכה לכלי שיווקי, מי בודק אם ה-ARR באמת משקף את העסק, ומה קרה כשלקוחות ששכרו רכבים מהרץ נתקלו בסריקות המדויקות מדי של UVeye ■ כתבות ותובנות מהשבוע שחלף","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"P3yPlqBPp0h0BhuyxjCz64xxwlh2R5J50dY8sCVImNyXwQX5yY9Gav","date":"Jul 10, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-unveils-uv360-instant-ai-powered-pre-owned-vehicle-merchandising-302502254.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"AI technology","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, a leader in AI-powered vehicle inspection technology, has launched UV360, a new platform that allows car dealerships to generate 360-degree images of vehicles instantly. This technology, which will be rolled out by the end of the year, helps dealerships list vehicles online faster by eliminating the typical seven-day blackout period. The system uses AI-powered scanners to capture high-resolution images without additional hardware or labor, streamlining the appraisal and reconditioning process. UV360 is already being used by select dealerships, such as Brickell CDJR of Murgado Group and Habberstad BMW, to enhance pre-owned sales. The platform is expected to be available to hundreds of dealerships across the U.S. in the coming months.","partners":null,"customers":["Brickell CDJR of Murgado Group","Habberstad BMW"],"eventType":null,"investors":null,"confidence":9,"key_topics":["AI technology","vehicle inspection","dealerships","UV360 platform","automotive sales"],"date_of_event":"by the end of the year","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Product Stage","Customers"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Product Stage  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Jzrn0rRv37PSlUFNmPBHnGiXv9VK8lJmGAoCrIclMRuaLkEROeyG58","news_summary":"/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, announced today the launch of UV360, a powerful new platform helping car...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"AwHgRi8AAuSEHWQsLUDYpJcSaQJC7Te23yOn6Xu4FsdI4IbCBZW9yf","date":"Jul 10, 2025","link":"https://www.themarker.com/technation/2025-07-10/ty-article/.premium/00000197-f36b-dac3-a1b7-fbeb959f0000","source":"www.themarker.com","visible":1,"analysis":{"tags":"customer complaints","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye has entered into a partnership with Hertz to provide an automatic vehicle scanning system designed to detect defects and issues in vehicles. However, Hertz customers have raised complaints about being charged hundreds of dollars for minor defects that would not have been identified through manual inspection. This has led to dissatisfaction among customers, potentially impacting UVeyes reputation negatively. The partnership with Hertz is significant, but the customer backlash could pose challenges for UVeye in maintaining its market position.","partners":"Hertz","customers":"Hertz","eventType":null,"investors":null,"confidence":9,"key_topics":["automatic scanning","vehicle defects","customer complaints","Hertz partnership","rental charges"],"date_of_event":"July 10, 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"ckfcDs3ugtRAveW1LIi9B3x3ecXE32H9cz1IJ4kNBDcG1gbt1ruD87","news_summary":"הרץ חתמה עם UVeye על הסכם לשימוש במערכת שלה, שמיועדת לבדיקה אוטומטית של פגמים ובעיות בכלי רכב ■ לקוחות ענקית השכרת הרכב טוענים כי כעת הם מחויבים במאות דולרים על פגמים זערוריים, שלא היו מתגלים בבדיקה ידנית","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"zW5qWwNGuI3JhWCdYsUIy8iRA5PkQmbRXOC2dWpBR95ruUPmHS4dxC","date":"Jul 1, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-expands-in-uk-and-europe-including-key-hire-302495450.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"expansion","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, a leader in AI-powered vehicle inspection technology, has appointed Itay Erel as General Manager for its UK and EU operations. This strategic hire is part of UVeyes efforts to expand its presence in European markets, offering advanced AI-powered vehicle inspection solutions to partners such as dealerships, OEMs, and fleet operators. The company has been operating in Europe since October 2023, following a partnership with Amazon, which uses UVeyes solutions for its delivery fleets. Erel, with extensive experience in business growth and strategic partnerships, will lead UVeyes European expansion, focusing on developing go-to-market strategies and increasing market share.","partners":["Amazon"],"customers":["Amazon","General Motors"],"eventType":null,"investors":null,"confidence":10,"key_topics":["AI technology","vehicle inspection","European expansion","strategic partnerships","leadership appointment"],"date_of_event":"October 2023","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Management Changes","Expand"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Partners  #Management Changes  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"5hIZlXa63ZbxsGhCyZAqgk9esK8cKP2V0S2YVNMe1lHR9PFmrLK4zb","news_summary":"/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, announced today the appointment of Itay Erel as the General Manager of...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"RXvAYKFw2NBCNa2GaBA7HL6TmeGT8SqqCG1dCA8d6A3eG3rTIpilwM","date":"Apr 16, 2025","link":"https://www.calcalistech.com/ctechnews/article/r1gwjltcjl","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"partnership","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli AI firm, has partnered with Hertz to deploy AI-powered vehicle inspection systems at major U.S. airports. This partnership is one of the largest rollouts of automated inspection technology in the car rental industry. The deployment, which has already begun at Atlantas Hartsfield-Jackson International Airport, is expected to extend to multiple U.S. airports by the end of the year. The deal is anticipated to generate tens of millions of dollars annually for UVeye. The AI systems will enhance vehicle checks, reduce downtime, and improve customer experience for Hertz, which manages over 500,000 vehicles globally. UVeyes technology uses high-speed cameras and machine learning to provide real-time diagnostics, improving safety and uptime for Hertzs fleet.","partners":["Hertz"],"customers":["Hertz"],"eventType":null,"investors":null,"confidence":10,"key_topics":["AI technology","vehicle inspection","partnership","airport deployment","customer experience"],"date_of_event":"2023","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"cx4Zhlupo6zFpaILQDQxLptrK1eg5nDXwkqRLezXDZxoFPOQP6ZQ0T","news_summary":"The Israeli AI firm’s technology will enhance manual vehicle checks at major airports.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ZkTcO0tSLBdAb40P9GOJKpbt4D3GhYblJVNnjPSaFRJoYVoBbSD6hw","date":"Apr 16, 2025","link":"https://www.calcalist.co.il/calcalistech/article/hy4flo0ryg?_atscid=7_134353_204082920_3173158_0_Txtetaxjxdshwhus8sp","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"AI technology","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli startup, has partnered with Hertz to integrate its AI-based vehicle inspection systems in 100 Hertz branches across North America. This partnership marks Hertz as the first car rental company to adopt AI technology for vehicle inspections. The systems, which replace manual inspection processes, are already installed at major U.S. airports and will expand to more locations. UVeyes technology, which acts like an X-ray for vehicles, is capable of scanning and assessing all visible parts of a vehicle in seconds. Since its inception in 2016, UVeye has raised $380 million from investors including Woven Capital and UMC Capital.","partners":["Hertz"],"customers":["Hertz","Amazon"],"eventType":null,"investors":["Woven Capital","UMC Capital","W.R. Berkley","Menora Mivtachim","Mor Investment House","MyBerg","Trinity Capital"],"confidence":10,"key_topics":["AI technology","vehicle inspection","partnership","automation","expansion"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"380 million","structured_issues":["Partners","Customers"],"acquisition_amount":null,"FDA approved/pending approval":"not applicable","AI technology developing/using":"developing","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"JnUUAwBDq2ZxusZzTlWWKULejDlFJbaqAnnjjap8oe14UnJU4FEC58","news_summary":"חברת Hertz העולמית תתקין מערכות אוטומטיות לבדיקת רכב של UVeye הישראלית   | כלכליסט","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"XF3Az3Gaj9ByBkPSKMpzpfwwxKUXHx9HnwcPypFRBosoQgATg6iVyT","date":"Jan 29, 2025","link":"https://en.globes.co.il/en/article-israeli-ai-vehicle-inspection-co-uveye-raises-$191m-1001500776","source":"en.globes.co.il","visible":1,"analysis":{"tags":"investment","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli AI-driven vehicle inspection system developer, has completed a $191 million financing round, comprising $41 million in equity and $150 million in debt. The equity round was led by Woven Capital, with participation from UMC Capital, MyBerg, and existing investors. Trinity Capital structured the debt facility. The funds will support UVeyes global expansion and production of additional systems. UVeyes systems, described as an MRI for vehicles, are installed in over 400 dealerships in the US and are used by Amazon for fleet inspections. The company plans to expand operations in Europe and currently employs 220 people worldwide.","partners":["Amazon"],"customers":["Amazon"],"eventType":null,"investors":["Woven Capital","UMC Capital","MyBerg","W.R. Berkley","Menora Mivtachim","More Investment House","Trinity Capital"],"confidence":10,"key_topics":["AI technology","vehicle inspection","investment","global expansion","partnerships"],"date_of_event":"January 29, 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$191 million","structured_issues":["Investment","Customers","Partners","Expand"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Customers  #Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"vAppMf4Trgmhs757tSCqtI7Nudoyto3PBt2yzDFR0Cy8yUUkkzx9ym","news_summary":"Israeli AI vehicle inspection co UVeye raises $191m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3RAizZAbQ0K9kwc6HUn3WWUDaoksfrTPwQudNaYWivkm9dwmYff2aq","date":"Jan 29, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-secures-191m-in-funding-to-meet-soaring-demand-for-ai-powered-vehicle-inspection-systems-302363100.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"investment","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, a leader in AI-driven vehicle inspection technology, has raised $191 million in funding, bringing its total capital to $380.5 million. The round was led by Woven Capital, with participation from UMC Capital, MyBerg, and others. The funding will support UVeyes global expansion, increase manufacturing capacity, and strengthen partnerships. UVeye plans to install hundreds of systems worldwide by 2025, scanning millions of vehicles annually. The company has significant clients like Amazon and General Motors and is recognized for its innovative vehicle inspection systems. The investment highlights the growing demand for automated and AI-driven solutions in the automotive industry.","partners":["Woven Capital"],"customers":["Amazon","General Motors"],"eventType":null,"investors":["Woven Capital","UMC Capital","MyBerg","W.R. Berkley","Menora Mivtachim","More Investment House","Trinity Capital"],"confidence":9,"key_topics":["AI technology","vehicle inspection","global expansion","funding","partnerships"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$191 million","structured_issues":["Investment","Partners","Customers"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LgvFqnJPF9vDvMXtJFPAmmtsfBdLR6sFuglUAOoWxtvcTG5xCd8NH1","news_summary":"/PRNewswire/ -- UVeye, the global leader in AI-driven vehicle inspection technology, announced today $191 million of funding, bringing total capital raised to...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"dwkQiNVXiHWX38GSRF0MMaBvWKpNNvnOu5TzBFCxSd6xjxDC636tOv","date":"Jan 29, 2025","link":"https://en.globes.co.il/en/article-israeli-ai-vehicle-inspection-co-uveye-raises-$191m-1001500776","source":"en.globes.co.il","visible":1,"analysis":{"tags":"investment","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli company specializing in AI-driven vehicle inspection systems, has completed a $191 million financing round, comprising $41 million in equity and $150 million in debt. The equity round was led by Woven Capital, with participation from UMC Capital, MyBerg, and existing investors. Trinity Capital structured the debt facility. This funding will support UVeyes global expansion and production of additional systems. The company, which has developed an MRI for vehicles, uses advanced AI to provide precise vehicle inspections. UVeyes systems are installed in over 400 US car dealerships and are used by Amazon for inspecting delivery vehicles. The company plans to expand its operations in Europe.","partners":["Amazon"],"customers":["Amazon"],"eventType":null,"investors":["Woven Capital","UMC Capital","MyBerg","W.R. Berkley","Menora Mivtachim","More Investment House","Trinity Capital"],"confidence":9,"key_topics":["AI technology","vehicle inspection","investment round","global expansion","Amazon partnership"],"date_of_event":"January 29, 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$191 million","structured_issues":["Investment","Customers","Partners","Expand"],"acquisition_amount":null,"FDA approved/pending approval":"not applicable","AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Customers  #Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"AGInii8p8B45OMtKii2DFzeb1vLbNHkM3f3KCFFEdR2j4KtYOyrSpH","news_summary":"UVeye’s systems, which are an “MRI for vehicles,” deliver precise, data-driven insights by scanning all visible vehicle components in a matter of seconds.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"VrewskBMkpAClPL9extx0K4nDk423LZRARfjv0puhwUSBEo4cKZi6u","date":"Jan 10, 2025","link":"https://www.prnewswire.com/il/news-releases/uveye-partners-with-reynolds-and-reynolds-to-enhance-service-inspections-302347097.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"collaboration","round":null,"company":"UVeye","layoffs":null,"summary":"UVeye and The Reynolds and Reynolds Company have announced a collaboration to enhance customer service at automobile dealerships using AI-powered vehicle inspection technology. This partnership will be showcased at the NADA Show 2025. The integration allows service advisors to provide customers with detailed diagnostics of their vehicles, improving transparency and customer satisfaction. UVeyes technology, which acts like an MRI for vehicles, is already installed at numerous dealerships and fleet sites globally. The collaboration aims to increase efficiency and upsell percentages at dealerships. UVeye has been recognized for its innovative technology and is backed by major car manufacturers.","partners":["The Reynolds and Reynolds Company"],"customers":[],"eventType":null,"investors":[],"confidence":9,"key_topics":["AI technology","vehicle inspection","customer service","dealerships","collaboration"],"date_of_event":"NADA Show 2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ck7oVfoA9lZ3rdBeFxF0eZES6q7jLD4COUecoVnmazRclGpR0TxJhQ","news_summary":"/PRNewswire/ -- The Reynolds and Reynolds Company and UVeye announced today the launch of a collaborative effort, beginning at the NADA Show 2025, to enhance...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ThI6lIoxjSb7AurfhI7micDLZtH7g2da0xcz60K3q9FRa349988P5k","date":"Oct 30, 2024","link":"https://www.prnewswire.com/il/news-releases/uveye-named-to-times-list-of-the-best-inventions-of-2024-302291549.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"innovation recognition","company":"UVeye","layoffs":null,"summary":"UVeye has been recognized by TIME magazine as one of the Best Inventions of 2024 for its AI-powered vehicle inspection technology. This recognition highlights UVeyes transformative impact on the automotive industry, offering real-time, AI-driven inspections that enhance safety and efficiency. The companys technology is likened to an MRI for vehicles, capable of detecting defects quickly and accurately. UVeye collaborates with major industry players such as GM, Volvo, Hyundai, and Amazon, and has installations in over 400 locations globally. This accolade underscores UVeyes commitment to innovation in vehicular safety and smart transportation.","partners":["GM","Volvo","Hyundai","Amazon"],"customers":[],"investors":[],"confidence":10,"key_topics":["AI technology","vehicle inspection","innovation","automotive","recognition"],"date_of_event":"2024","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":"aezEGmPBB0OYiXx2sCanK3QSdh9Qr1Ug37fQNI0PQGOx5ZDQKDYHHD","news_summary":"/PRNewswire/ -- Today, TIME reveals its annual list of the Best Inventions, which features 200 extraordinary innovations changing our lives. UVeye's...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c3uidy69DD7kY2UA6AemlvWd9zcrU8TDfOs9brDRmGH0zQG2xLEyqZ","date":"Jan 31, 2024","link":"https://www.prnewswire.com/news-releases/uveye-partners-with-connexion-to-automate-gm-dealers-loaner-fleet-inspections-302049391.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Partnership, Technology Integration","company":"UVeye, Connexion Mobility, General Motors","layoffs":"Not mentioned","summary":"UVeye, in collaboration with Connexion Mobility and General Motors, is set to improve the way GM dealerships manage their loaner and rental fleet operations. The integration of UVeyes AI-powered inspection system and Connexion Mobilitys loaner fleet management platform will be available to over 4,000 General Motors dealers. The new solution improves the accuracy and efficiency of loaner fleet vehicle inspections for dealers. UVeyes technology will power a seamless experience for dealers by populating real vehicle images and a full condition report automatically within OnTRAC. This enables dealers to easily identify damage during loaner vehicle handovers.","partners":"Connexion Mobility, General Motors","customers":"General Motors dealers","investors":"General Motors","confidence":9,"key_topics":["AI-powered Inspection System","Loaner Fleet Management","Customer Experience","Vehicle Inspection","Operational Efficiency"],"date_of_event":"NADA 2024","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Partners","Customers"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"eMsM0rmY019kTcaJk4GjRpMPbe0jlOAW2799DKRggd8BeX7pyYnjDw","news_summary":"UVeye Partners with Connexion to Automate GM Dealers' Loaner Fleet Inspections","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"2rgVAkWNehFkBYRFtPf6dzoPi1jwaX4y5ZscoaHb5xDaBA3xRVsz4z","date":"Oct 24, 2023","link":"https://www.wired.com/story/amazons-ai-van-inspections-powerful-data-feed/","source":"www.wired.com","visible":1,"analysis":{"tags":"Artificial Intelligence, Vehicle Inspection","company":"Amazon","layoffs":"Not mentioned","summary":"Amazon is implementing an artificial intelligence-powered technology called AVI (automated vehicle inspection) to inspect its delivery vans. The technology, developed by startup UVeye, uses high-resolution cameras to scan the vehicles undercarriage, check tire quality, and assess the exterior for any damage or maintenance needs. The system has been tested for nearly two years and is currently installed in 20 delivery centers in the US, Canada, Germany, and the UK. Amazon plans to install hundreds more units in the coming years. The technology is expected to improve safety and efficiency, reducing the inspection process time by four minutes.","partners":"UVeye","customers":"Not mentioned","investors":"GM, Carmax, Hyundai, Volvo, Toyota","confidence":9,"key_topics":"AI Technology, Vehicle Inspection, Efficiency, Safety, Transparency","date_of_event":"Not specified","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":"Partners, Expand","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Partners, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"W6KfbU0xp5yz2mnKRtuORG68sBX103d8Q5bZgLCg9HrJ7LGQ7qtBTY","news_summary":"Amazon's AI-Powered Van Inspections Give It a Powerful New Data Feed","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"RoXNW4OUWMbyceiJu5AYKeCmAHU5GVrKcJ97yOgSZPkiMxvbOoRE4M","date":"May 9, 2023","link":"https://www.calcalistech.com/ctechnews/article/r14ojhpen","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"vehicle inspection","company":"UVeye","layoffs":null,"summary":"Israeli startup UVeye, which offers vehicle inspection systems based on AI and machine learning technologies, has raised $100 million in Series D funding. The funding round was led by Hanaco VC, with participation from existing investors including GM Ventures and CarMax. UVeye plans to use the funding to revolutionize and standardize how the auto industry detects vehicle damage and mechanical issues. The company has announced major programs in the United States, including commercial agreements with General Motors, Volvo Cars USA, and CarMax. UVeyes technology provides automakers, dealers, and fleet operators with solutions for quickly and accurately identifying vehicle problems.","partners":null,"customers":"General Motors, Volvo Cars USA, CarMax","investors":"Hanaco VC, GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P., Israeli institutional investors","confidence":8,"key_topics":["UVeye","vehicle inspection","Series D funding","automotive industry","AI technology"],"date_of_event":"2022-2023","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$100 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"68fWchjchWSPzhM6KQ54F5zH0JU53zq26iaafOyA3RBmK4B9NrqIk3","news_summary":"UVeye secures $100 million Series D for automated vehicle-inspection systems | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"lbx7CcFCACDvH0X1plV5MAYDZCcHIApp8n5C6BC2ygQQuz39YN45Fv","date":"Jun 16, 2022","link":"https://nocamels.com/2022/06/general-motors-uveye-vehicle/","source":"nocamels.com","visible":1,"analysis":{"tags":"investment, partnership, expansion","company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli tech startup that develops automated inspection systems for vehicles, has received an investment from GM Ventures. The investment will fund the development and commercialization of UVeyes vehicle inspection technology. UVeye has also entered into a commercial agreement with General Motors to expand its automated high-speed systems to GM dealerships. The companys drive-through systems use AI, machine learning, and sensor technologies to detect flaws and anomalies in vehicles. UVeye plans to incorporate electric-vehicle and autonomous-driving platforms into its inspection databases in the future. UVeye currently has facilities in multiple regions and has formed strategic partnerships with dealership groups, used car auctions, and vehicle fleets.","partners":"General Motors","customers":null,"investors":"GM Ventures","confidence":9,"key_topics":["UVeye","investment","GM Ventures","automated inspection systems","vehicle inspection technology"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"cor0ruIJLydycgY3CiqiI5PVplfdloQjYHIYN3AlfwjXqUCOrhqYdz","news_summary":"General Motors Invests In Israeli Vehicle Inspection Tech Startup UVeye","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"30255a07-354c-4203-a25b-d34510b5a217","date":"Mar 14, 2022","link":"https://jewishbusinessnews.com/2022/03/14/volvo-to-use-israels-uveye-ai-tech-for-car-inspections/","source":"jewishbusinessnews.com","visible":1,"analysis":{"tags":"automated vehicle inspections","company":"UVeye","layoffs":null,"summary":"Israeli startup UVeye has been chosen by Volvo to provide its camera-based platform for vehicle inspections. Volvo Car USA will equip its U.S. retailers with automated vehicle-inspection systems from UVeye, which use artificial intelligence and machine learning to check for defects and safety-related issues. UVeye and Volvo Cars have been collaborating since 2019, with Volvo Cars becoming a strategic investor in UVeye. The company has raised over $90 million since its founding in 2016 and has formed partnerships with dealership groups, used car auctions, and vehicle fleets. The partnership with Volvo Cars is seen as a positive growth opportunity for UVeye.","partners":"Volvo","customers":"Volvo","investors":"Volvo Cars Tech Fund","confidence":8,"key_topics":["UVeye","Volvo","automated vehicle inspections","artificial intelligence","machine learning"],"date_of_event":null,"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":"9gxx0LqFOLxIKTE45AhvEcWf9btfNd94AHbXz1xnQctboaMHhR0eRE","news_summary":"Volvo to Use Israel's UVeye AI Tech for Car Inspections","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9fb4c532-8a98-44cc-9ea4-69455055d9a4","date":"Jul 21, 2021","link":"https://www.forbes.com/sites/greggardner/2021/07/21/uveye-israeli-developer-of-automated-vehicle-inspection-systems-raises-60-million/?sh=58bb266b2e99","source":"www.forbes.com","visible":1,"analysis":{"tags":"automated vehicle inspection, funding round, global expansion","company":"UVeye","layoffs":null,"summary":"Israeli developer UVeye has raised $60 million in a Series C funding round to support its global expansion plans. The company, which specializes in automated vehicle inspection technology, has developed contact-free inspection systems used in the security industry and by automakers to detect defects in vehicles. The funding round included investors such as CarMax, W.R. Berkley Corp., and F.I.T. Ventures, as well as previous investors Volvo Cars, Hyundai Motors, and Toyota Tsusho. UVeye plans to use the funding to expand in Europe and the United States. The companys cumulative investment now exceeds $90 million.","partners":null,"customers":null,"investors":"CarMax, W.R. Berkley Corp., F.I.T. Ventures, Volvo Cars, Hyundai Motors, Toyota Tsusho","confidence":8,"key_topics":["UVeye","automated vehicle inspection","funding","global expansion","investors"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$60 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qkcTC0KMJMkDdcg6whcpn557uFJLA4CvziusgY71WRnfB6RMPlZMKh","news_summary":"UVeye, Israeli Developer Of Automated Vehicle Inspection Systems, Raises $60 Million","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e76a0d55-884b-47b5-ac61-bb4235878258","date":"Jan 29, 2021","link":"https://officesnapshots.com/2021/01/29/uveye-offices-tel-aviv/","source":"officesnapshots.com","visible":1,"analysis":{"tags":"office design","company":"UVeye","layoffs":null,"summary":"Switchup designed the office space for UVeye, a vehicle inspection device company in Tel Aviv, Israel. The office space has a sleek and modern design, featuring mixed-material wood and stone desks, comfortable seating areas, a kitchen and dining area with neutral furniture and greenery, and private yet open meeting spaces. The rooftop deck is utilized as an informal conference space or post-work event area. The design reflects the professionalism and innovation of UVeye as a company focused on vehicular safety.","partners":"Switchup","customers":null,"investors":null,"confidence":8,"key_topics":["UVeye offices","vehicle inspection","artificial intelligence","office design","Switchup"],"date_of_event":null,"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":"j5zDH57I405aWE4WXpY83YY4PMzxesmVVRuGkSmzYaUAN12dZgEypw","news_summary":"Office Tour: UVeye Offices - Tel Aviv","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8b2a5ccb-0a6d-4fbd-b843-026961b15688","date":"Jan 20, 2021","link":"https://en.globes.co.il/en/article-hyundai-invests-in-israel-autotech-co-uveye-1001357888","source":"en.globes.co.il","visible":1,"analysis":{"tags":"investment","company":"UVeye","layoffs":null,"summary":"Hyundai has made a strategic investment in UVeye, an Israeli automated vehicle-inspection systems developer, to fuel the startups global expansion. The financial details of the investment round were not disclosed, but UVeye has raised more than $40 million from carmakers and strategic investors since its founding. UVeyes vehicle inspection systems utilize proprietary algorithms, cloud architecture, AI, machine learning, and sensor fusion technologies to automate and standardize inspection processes. The investment from Hyundai is part of their plan to use UVeyes products and platforms across their operations globally. UVeye offers inspection systems for both homeland security and automotive fields, providing efficiency and data insights for customers along the automotive value chain.","partners":null,"customers":null,"investors":["Hyundai","Toyota","Volvo","W. R. Berkley Corporation"],"confidence":9,"key_topics":["UVeye","Hyundai","investment","vehicle inspection systems","global expansion"],"date_of_event":"January 20, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qS8yfS4pGTz9pGhOeROjTEkESidQ0pCjGhnT2n5M06YXg3LSA3ccEa","news_summary":"Hyundai invests in Israel auto-tech co UVeye","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"89c6e73c-723e-4326-82a1-744d9ebdd123","date":"Jan 19, 2021","link":"https://www.prnewswire.com/il/news-releases/uveye-secures-strategic-investment-from-hyundai-motor-company-301210921.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["investment"],"company":"UVeye","layoffs":null,"summary":"UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and other investors to accelerate its global expansion plans. The company has raised over $40 million from carmakers and strategic investors since its founding. Hyundais investment is part of their plan to utilize UVeyes products and platforms across their operations worldwide. UVeyes systems use proprietary algorithms, AI, machine learning, and sensor fusion technologies to automate and speed up vehicle inspection processes. The company offers inspection systems for both homeland security and automotive applications. UVeye has installed its inspection systems at various locations worldwide and has offices in Tel Aviv, Cleveland, New York, Japan, and Germany.","partners":null,"customers":null,"investors":["Hyundai Motor Company","W. R. Berkley Corporation"],"confidence":9,"key_topics":["UVeye","automated vehicle-inspection systems","strategic investments","Hyundai Motor Company","global expansion plans"],"date_of_event":"January 19, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Drr4WOBAnSg0qYDsaRizdaxGDitBNGmk5wjLqxKHkGHUibGdIPDy9G","news_summary":"UVeye Secures Strategic Investment from Hyundai Motor Company","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a18de930-3557-4c3e-92f1-ca190e3736dd","date":"Jun 23, 2020","link":"https://www.prnewswire.com/news-releases/uveye-names-two-executives-to-lead-its-north-american-operations-group-301082240.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"vehicle-inspection systems","company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli supplier of contact-free vehicle-inspection systems, has named two executives to head its North American management team for the launch of cost-saving products designed for car dealers, used-car auction houses, and major vehicle fleets. The company plans to establish new offices in Ohio and New York and expects to open production and warehouse facilities in the U.S. next year. The executives bring retail automotive experience and will focus on introducing UVeye products to a broad range of dealerships, auction houses, and fleets. UVeyes inspection systems use deep-learning technology to identify defects and improve profit margins and customer satisfaction levels. The companys technology is also used by automakers and security professionals. UVeye has developed breakthrough products for fleets and vehicle aftermarket use. The company predicts significant new business over the next 12-24 months.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["UVeye","executives","North American management team","cost-saving products","car dealers"],"date_of_event":"2020-06-23","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Rf0ffcUDh3z0Rtuo1gjspTtBwUbYPKy08a0SdqV8wr6kXKVy1D0NIi","news_summary":"UVeye Names Two Executives to Lead its North American Operations Group","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"786e0af2-2cd9-4688-ade8-3da18d161ee3","date":"Apr 5, 2020","link":"https://nocamels.com/2020/04/israeli-thermal-sensor-detect-fever-vehicle-uveye/","source":"nocamels.com","visible":1,"analysis":{"tags":"COVID-19 detection","company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli technology company known for its vehicle inspection systems, has modified its technology to detect fevers in drivers and passengers. The thermal sensors in the companys inspection systems can identify car occupants with fevers through the windshield, providing a heads up to health professionals that someone in the car may be ill and need additional testing for COVID-19. UVeye has offered to equip health-related fleet operators with vehicle-inspection equipment on a not-for-profit basis during the COVID-19 crisis. The companys technology can also assist in identifying people infected by the virus and can be used in drive-through checkpoints at hospitals and other community locations. UVeye is prepared to install contactless inspection systems with thermal sensor technology in critical locations in the United States, the UK, and the US. The companys expertise in machine learning, artificial intelligence, and camera technology allows it to solve safety and quality-related challenges in the automotive industry.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["COVID-19 detection","Vehicle inspection","Thermal sensors","Artificial intelligence","Automotive industry"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"S83wswVzLtKjkTPUWBiYMMzwAZvCLAfEvjyyc3g7xozUMqz2dsXrdy","news_summary":"Israeli Thermal Sensor Tech Can Detect Potential COVID-19 Fever In Vehicle Occupants","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8ddb0c85-7f7c-4904-908b-faa5cf3458fe","date":"Mar 3, 2020","link":"https://www.prnewswire.com/news-releases/uveye-to-unveil-industry-first-vehicle-threat-detection-technology-in-na-301015611.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["vehicle threat-detection","security technology","undercarriage scanning","artificial intelligence","law enforcement","security professionals"],"company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli company, is unveiling vehicle threat-detection technology in the United States that can instantly identify security threats concealed in the undercarriage of vehicles. The companys Helios underbody scanning systems, equipped with UV Inspect software, can automatically pinpoint threats on vehicles that are not in security databases. The technology can identify bombs, weapons, drugs, computer equipment, and other contraband. UV Inspect technology will soon be available to security-industry customers worldwide. UVeyes undercarriage inspection systems are currently deployed at high-security locations worldwide. The company will showcase its technology at the Border Security Expo and ISC West. UVeye also plans to develop deep-learning technology for vehicle inspection in the automotive industry.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["vehicle threat-detection technology","UV Inspect software","underbody scanning systems","artificial intelligence technology","Helios inspection systems"],"date_of_event":"March 3, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ej1ZuKvrpz8n1ZJUUOjfGYGjQVxSiK7DoRoIBCA2mFsd18n5zjnBf7","news_summary":"UVeye to Unveil Industry-First Vehicle Threat-Detection Technology in N.A.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e8a3bf8b-bb84-49fe-b4cd-f8382267949a","date":"Jan 13, 2020","link":"https://www.autotechoutlook.com/news/uveye-s-new-inspection-system-will-scan-your-vehicle-under-four-seconds-nwid-287.html","source":"www.autotechoutlook.com","visible":1,"analysis":{"tags":"inspection technology","company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli start-up, has developed an AI-based inspection technology for cars. The company has raised $31 million to expand its AI-driven inspection systems. The new system can thoroughly inspect a moving car in just a few seconds, detecting fluid leaks, dents, and defects as small as 0.08 inch. This technology is of interest to carmakers, fleet operators, suppliers, insurance companies, and rental and lease companies. UVeye is working with companies like Toyota, Daimler, Volvo, and the VW Groups Škoda to develop inspection systems for assembly lines, shipping areas, and dealerships.","partners":null,"customers":"Toyota, Daimler, Volvo, VW Groups Škoda","investors":null,"confidence":9,"key_topics":["AI-driven inspection systems","vehicle inspection","cloud architecture","anomaly detection","partnerships"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$31 million","structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"WwSZcSi27LWimyrBhhNz05FMVvNDRpSuwRWoDPk3frhKi3csd2Waa9","news_summary":"Uveye's New Inspection System Will Scan Your Vehicle Under Four Seconds","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c6e7a701-eb4e-451f-9c6f-f4eb599dee58","date":"Dec 4, 2019","link":"https://www.prnewswire.com/il/news-releases/uveye-to-unveil-industry-leading-vehicle-inspection-technology-at-ces-300969015.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"vehicle inspection","company":"UVeye","layoffs":null,"summary":"UVeye, an Israeli company, plans to unveil a vehicle-inspection system based on deep-learning technology at CES 2020. The system, called Atlas, uses high-resolution cameras to detect exterior defects on vehicles within seconds. UVeyes proprietary algorithms and technologies allow for quick inspection of various vehicle components. The company has raised over $35 million in investment capital and is working with vehicle manufacturers such as Volvo, Skoda, Daimler, and Toyota to deploy its inspection systems. UVeyes deep-learning technology was initially developed for the security industry. The companys exhibit at CES 2020 will be in the North Hall of the Las Vegas Convention Center.","partners":null,"customers":null,"investors":["Volvo","Skoda","Daimler","Toyota"],"confidence":9,"key_topics":["UVeye","vehicle-inspection system","deep-learning technology","CES 2020","investment capital"],"date_of_event":"December 4, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$35 million","structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Yl0zqe88FQDzVRgSML3j30WUYqAO6y86wO9Ml6xLCD3aaOTB521EAJ","news_summary":"UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d4e53aba-2ab9-459e-83d8-fb5a5b7f1767","date":"Sep 22, 2019","link":"https://www.caranddriver.com/news/a29155818/uveye-ai-car-inspection-technology/","source":"www.caranddriver.com","visible":1,"analysis":{"tags":"Technology, Automotive","company":"UVeye","layoffs":"Not mentioned","summary":"UVeye, an Israeli startup, has developed an artificial intelligence-based system that can inspect a moving car for defects in seconds. The technology, which was initially created for bomb detection, is now being used by car manufacturers, fleet operators, suppliers, auto dealers, insurance companies, and rental and lease companies. Companies including Daimler, Škoda, Toyota, and Volvo are working with UVeye to take advantage of its full-vehicle, underbody, and tire inspection systems. The company has raised $35 million in investment capital since 2017 and is planning to expand to Europe and the Asia Pacific region.","partners":"Daimler, Škoda, Toyota, Volvo","customers":"Daimler, Škoda, Toyota, Volvo","investors":"Not mentioned","confidence":9,"key_topics":["Artificial Intelligence","Car Inspection","Investment","Expansion","Partnerships"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"$35 million","structured_issues":["Customers","Partners","Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Partners  #Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"ZTms1Qus8RPpW5sY7QTxb77inxcx3CnxCB7JTHTqoBubh0gu0pCs57","news_summary":"UVeye's System Can Completely Inspect a Vehicle in Four Seconds or Less","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"7dec271e-fde4-4303-9b9d-0b26866d9de7","date":"Sep 19, 2019","link":"http://nocamels.com/2019/09/israeli-ai-tech-dramatically-change-auto-inspections/","source":"nocamels.com","visible":1,"analysis":{"tags":"vehicle inspection","company":"UVeye","layoffs":null,"summary":"Israeli company UVeye showcased its tire inspection system called Artemis at the International Motor Show in Frankfurt. UVeye develops smart vehicle inspection systems that use cloud architecture, sensor fusion, machine learning, and smart algorithms to automatically check components, bodywork, and tires. The company has raised $31 million in funding from investors including Toyota Tsusho, Volvo Cars, and W. R. Berkley Corporation. UVeyes technology is used for detecting potential threats in the security market, but it is also being applied to the automotive industry for vehicle inspection. The Artemis system checks for tire wear and quality, and it is set to be used by bus fleet operator Kavim in Israel. Volvo plans to introduce UVeyes undercarriage scanner and vehicle scanning system at its manufacturing facilities and dealerships.","partners":"Toyota Tsusho, Volvo Cars, W. R. Berkley Corporation","customers":"Kavim (bus fleet operator)","investors":"Toyota Tsusho, Volvo Cars, W. R. 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R. Berkley Corp. Toyota and Volvo have also announced plans to implement UVeyes inspection systems at some of their locations. UVeye develops machine learning and computer vision technology for the automatic external inspection of vehicles. The system can detect defects, abnormalities, changes, and foreign objects on vehicles. The company has raised a total of $35 million to date.","partners":"Toyota, Volvo","customers":null,"investors":"Toyota Tsusho Corp., Volvo Car Corp., W. R. 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They have developed different types of scanners that can check the underside of the car, the wheels, and the exterior. The scanners use machine learning to analyze stock data about cars and identify anomalies such as leaks, damages, and missing parts. This technology allows consumers to easily diagnose car issues without relying on human inspection.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["UVeye","scanners","machine learning","anomalies","automotive technology"],"date_of_event":null,"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":"5CxmtUggGPTaIt2524MYcr7hlKtjg0c1dC0dp0yPmjDnhI8wzn2zdR","news_summary":"What is the latest way to detect problems with your car?","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ec63a7cb-51f3-43ef-ba28-0b1fbb2a029f","date":"Dec 11, 2018","link":"https://www.repairerdrivennews.com/2018/12/11/uveye-tech-can-eyeball-vehicles-in-3-d-detect-auto-body-damage-hidden-threats/","source":"www.repairerdrivennews.com","visible":1,"analysis":{"tags":"vehicle inspection","company":"UVeye","layoffs":null,"summary":"UVeye, a technology company, has developed a system that combines 3-D examination of vehicle exteriors and undercarriages with artificial intelligence to detect various items, including wheel damage and potential threats like terrorist bombs. The system can also detect mechanical issues using the sound of the vehicle. UVeyes CEO, Amir Hever, presented this technology at a forum, showcasing the potential for future physical damage inspections by body shops and insurance companies. The company has introduced its latest line of products to the automotive market, enabling automatic detection of mechanical issues and damages to the outer frame of vehicles. UVeye is currently focusing on manufacturers, logistics centers, dealerships, and rental car companies. They have also announced a partnership with Toyota Tsushos aftermarket department to deploy the system in auction sites and use it on Toyotas used cars.","partners":["Toyota Tsusho"],"customers":null,"investors":null,"confidence":9,"key_topics":["3D examination","artificial intelligence","vehicle inspections","mechanical issues","UVeye system"],"date_of_event":"November 2, 2018","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":"g0zdSMANtqXr6eeNHt843xX0Mk25BG9dmvkVF5CkUCSX8LmSLM20cZ","news_summary":"UVeye tech can eyeball vehicles in 3-D, detect auto body damage, hidden threats - Repairer Driven News","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"95857947-aa81-4bd8-9b45-b64b0c36b389","date":"Jul 5, 2017","link":"https://techcrunch.com/2017/07/05/uveye/","source":"techcrunch.com","visible":1,"analysis":{"tags":"vehicle security","company":"UVeye","layoffs":null,"summary":"Israeli startup UVeye has raised $4.5 million in seed funding to develop its computer vision and machine learning technology for vehicle security. The technology uses strategically angled and synchronised hi-res cameras to create a 360-degree digital model of a vehicles undercarriage, allowing for the detection of security threats. UVeyes system can process multiple images in three seconds to create a 3D model and provide high-resolution visuals. The companys technology is currently being used in roadside security applications and has been installed in various countries. UVeye is also exploring opportunities in the wider automotive market, including partnerships with car rental and used car companies.","partners":null,"customers":"government offices, embassies, port facilities, power plants, gas factories, hotels, private establishments","investors":["Ahaka Capital","SeedIL"],"confidence":8,"key_topics":["UVeye","vehicle security","machine learning","undercarriage scanning","expansion"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$4.5 million","structured_issues":["Customers","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"x1jGKdqa6VxGp8hlYtu0SMnXIsKyE4sRBJ6IbSMCoL3kA4A81JYypq","news_summary":"UVeye raises $4.5M to use computer vision to inspect underside of vehicles at security 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