Bright Way Vision

Company Overview

Snapshot

Founded in January 2011 by Ofer David and Eyal Levi, Bright Way Vision operates with 11–50 employees. The company has raised $25 million across one funding round from two investors. In January 2023, Eyal Levi was appointed CEO, signaling a strategic shift to orchestrate large transactions with automotive OEMs and tier-one companies.

Business overview

Bright Way Vision develops VISDOM, a market-ready automotive camera system designed to enhance vehicle safety across all weather, road, and lighting conditions. Its core technology, GatedVision, enables long- and short-range imaging in low-light environments. The compact camera system is suitable for autonomous vehicles, trucks, trains, and other specialized vehicles, offering continuous clarity for reliable object detection and identification. The company operates within the Automotive & Mobility Technologies sector, focusing on improving road safety for all users.

Strategic signal

In January 2023, Bright Way Vision appointed Eyal Levi as CEO, with former CEO Dr. Ofer David transitioning to Chairman of the Board. This leadership change indicates a strategic focus on leveraging Levi's expertise to secure significant partnerships and transactions with automotive OEMs and tier-one companies, aiming to accelerate the adoption of their GatedVision camera system in the automotive and transportation industries.

Company Intelligence Q&A

What is Bright Way Vision's primary product?

Bright Way Vision's primary product is VISDOM, a CMOS-based automotive camera system designed to improve vehicle safety in all weather, road, and lighting conditions using proprietary GatedVision technology.

When did Bright Way Vision appoint its new CEO?

In January 2023, Eyal Levi was appointed CEO of Bright Way Vision. The previous CEO, Dr. Ofer David, transitioned to Chairman of the Board.

Which investors participated in Bright Way Vision's funding round?

In June 2019, Bright Way Vision raised $25 million from Koito Manufacturing Co. Ltd. and Magenta Venture Partners.

What is the core technology behind Bright Way Vision's products?

Bright Way Vision's core technology is GatedVision, which enables long- and short-range imaging in low lighting conditions, ensuring continuous clarity regardless of environmental factors.

Has Bright Way Vision secured any significant customer contracts?

In July 2018, Bright Way Vision had sold hundreds of its systems to customers including Daimler AG and Continental AG, and signed a contract with a Chinese firm to supply 10,000 units in 2019.