Bright Way Vision Overview
Bright Way Vision is developing VISDOM, a market-ready automotive camera system designed to improve vehicle safety in all weather, road, and lighting conditions. It is powered by GatedVision, a proprietary technology that allows for long- and short-range imaging at low lighting conditions. This compact camera can be installed behind any rear-view mirror and is available in three configurations suitable for AVs, trucks, trains, and other special vehicles. The system is automotive qualified, road proven, and ready for mass production. VISDOM ensures continuous clarity, regardless of environmental lighting and reflection conditions, enabling highly reliable object detection and identification for continuous vehicle perception. As a result, this technology significantly enhances safety for all road users, including VRUs, making it an efficient and economical sensor suite.
Cumulative Funding Raised Over Time ($)
$25.0MJun 2019
Latest News
growth-positive
Eyal Levi Appointed CEO of Bright Way Vision
Eyal Levi has been appointed CEO of Bright Way Vision, a company that develops the worlds first automotive GatedVision camera system for night and all-weather vision. The appointment will enable Levi to orchestrate large transactions with automotive OEMs and tier-one companies. Dr. Ofer David, the previous CEO, has been promoted to Chairman of the Board and will focus on developing the new generation of night and all-weather cameras. Bright Way Visions product, VISDOM, is a market-ready enhanced-vision solution for the automotive and transportation industries.
Management Changes
growth-positive
Elbit Subsidiary BrightWay Raises $25 Million
BrightWay Vision Ltd., a subsidiary of Elbit Systems, has raised $25 million in investment from Koito Manufacturing Co. Ltd. and Magenta Venture Partners. The investment will give Koito and Magenta a combined 38.5% stake in BrightWay. BrightWay develops a multi-functional vision and ranging system for the automotive industry using active gated imaging technology.
Investment
growth-positive
Israeli startup uses army night-vision tech to help prevent car accidents
Israeli startup BrightWay Vision has developed a night-vision technology that extends the vision range of drivers in all weather and lighting conditions. The system, which uses gated vision technology, enables drivers to see at least 250 meters ahead, compared to the average range of 50 to 120 meters. The companys technology can be used as a standalone or integrated into existing advanced driver-assisted solutions. BrightWay Vision has already sold hundreds of its systems to customers including Daimler AG and Continental AG, and has signed a contract with a Chinese firm to supply 10,000 units in 2019.
CustomersPartners
growth-positive
An eye for the next Mobileye
The article discusses the investment strategies of major automobile importers in Israel, who have a reputation for possessing a golden touch. It highlights the success of investments in companies like Mobileye and explores the potential of other start-ups and technology companies in the automotive industry. The article specifically mentions BrightWay Vision, a hazard-avoidance system for drivers, and its potential in the market. Lubinski is mentioned as one of the investors in BrightWay Vision. The article also mentions Argus Cyber Security and its focus on providing solutions for cyber threats in networked cars. The investment amount for Argus is not disclosed. The article concludes by mentioning George Horesh and his successful investments in Inchcape and Advanced Vision Technology.
Partners
growth-positive
Elbit Systems unit Brightway Vision fights road accidents
Brightway Vision Ltd., a company that has adapted night vision technology developed by Elbit Systems, is seeking to raise $10 million. The company aims to create an inexpensive system called BrightEye to improve vision while driving at night and prevent road accidents. Brightway estimates the cost of its products at $2,200-7,200. The company is in talks to sell its products to General Motors, Volvo, Renault SA, Nissan Motor Company, Mercedes Benz, and Peugeot-Citroen SA. Elbit Systems owns 78% of Brightway, while the Manor family owns 10% and Brightways founders and employees own 12%.
InvestmentPartners
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $25M |
| Last funding | $25M |
| Stage | Mature |
| Rounds | 1 |
| Investors | 2 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | www.brightwayvision.com |
Locations
Nahum Het Street 7, Tirat Carmel, Israel
Photos & Videos
2 item(s)
Bright Way Vision Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Automotive & Mobility TechnologiesAutonomous & ConnectedIndustrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
Industrial ManufacturingDiscrete IndustriesAutomotiveCore Technology
SensingInfraredLIDARLaserRadarSemiconductors & ElectronicsChipsetsArtificial IntelligenceComputer VisionTags (16)
safetyautomotivesensorslasersdriverscamerasimagingcomputer-visionadaselectro-opticsartificial-intelligenceroad-safetymobile-applicationsautonomous-vehiclesoptronicssmart-mobilityGeographic Markets
GlobalBright Way Vision Financials
$25M
Total funding
Undisclosed
Capital raised
$25M
Last funding
Mature
Funding stage
1
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$25.0MJun 2019
Private Equity Funding
B Round
Jun 2019
$25M
Koito Manufacturing Co. Ltd. (Lead)
,
Magenta Venture Partners
Bright Way Vision Lifecycle
Cumulative Funding Raised Over Time
$25.0MJun 2019
All Events
B Round
Jun 2019
$25M
Koito Manufacturing Co. Ltd. (Lead)
,
Magenta Venture Partners
Bright Way Vision News
5 articles
growth-positive
Eyal Levi Appointed CEO of Bright Way Vision
Eyal Levi has been appointed CEO of Bright Way Vision, a company that develops the worlds first automotive GatedVision camera system for night and all-weather vision. The appointment will enable Levi to orchestrate large transactions with automotive OEMs and tier-one companies. Dr. Ofer David, the previous CEO, has been promoted to Chairman of the Board and will focus on developing the new generation of night and all-weather cameras. Bright Way Visions product, VISDOM, is a market-ready enhanced-vision solution for the automotive and transportation industries.
Management Changes
growth-positive
Elbit Subsidiary BrightWay Raises $25 Million
BrightWay Vision Ltd., a subsidiary of Elbit Systems, has raised $25 million in investment from Koito Manufacturing Co. Ltd. and Magenta Venture Partners. The investment will give Koito and Magenta a combined 38.5% stake in BrightWay. BrightWay develops a multi-functional vision and ranging system for the automotive industry using active gated imaging technology.
Investment
growth-positive
Israeli startup uses army night-vision tech to help prevent car accidents
Israeli startup BrightWay Vision has developed a night-vision technology that extends the vision range of drivers in all weather and lighting conditions. The system, which uses gated vision technology, enables drivers to see at least 250 meters ahead, compared to the average range of 50 to 120 meters. The companys technology can be used as a standalone or integrated into existing advanced driver-assisted solutions. BrightWay Vision has already sold hundreds of its systems to customers including Daimler AG and Continental AG, and has signed a contract with a Chinese firm to supply 10,000 units in 2019.
CustomersPartners
growth-positive
An eye for the next Mobileye
The article discusses the investment strategies of major automobile importers in Israel, who have a reputation for possessing a golden touch. It highlights the success of investments in companies like Mobileye and explores the potential of other start-ups and technology companies in the automotive industry. The article specifically mentions BrightWay Vision, a hazard-avoidance system for drivers, and its potential in the market. Lubinski is mentioned as one of the investors in BrightWay Vision. The article also mentions Argus Cyber Security and its focus on providing solutions for cyber threats in networked cars. The investment amount for Argus is not disclosed. The article concludes by mentioning George Horesh and his successful investments in Inchcape and Advanced Vision Technology.
Partners
growth-positive
Elbit Systems unit Brightway Vision fights road accidents
Brightway Vision Ltd., a company that has adapted night vision technology developed by Elbit Systems, is seeking to raise $10 million. The company aims to create an inexpensive system called BrightEye to improve vision while driving at night and prevent road accidents. Brightway estimates the cost of its products at $2,200-7,200. The company is in talks to sell its products to General Motors, Volvo, Renault SA, Nissan Motor Company, Mercedes Benz, and Peugeot-Citroen SA. Elbit Systems owns 78% of Brightway, while the Manor family owns 10% and Brightways founders and employees own 12%.
InvestmentPartners
Bright Way Vision Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 15 |
| Team members | 5 |
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Bright Way Vision Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514538131 |
| Crunchbase | brightway-vision |
| Phone | +97246469900 |
| Creator | Sophie Pollock |
| Creator email | pollos@blair.edu |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-02-19T00:00:00.000Z |
| Created | 2014-07-06T00:00:00.000Z |
| Claimed | Yes |