Carteav Overview
Carteav provides an autonomous low-speed vehicle solution designed to safely transport people and goods in geo-fenced low-speed areas such as resorts, hotels, retirement communities, neighborhoods, factories, and airports. Carteav’s solution enables safe, efficient, feature-rich transportation and significant cost savings.
Cumulative Funding Raised Over Time ($)
$6.5MNov 2022
$6.5MSep 2020
Latest News
growth-positive
Carteav Appoints New Strategic Investors to Active Business Advisors
Carteav, a leader in autonomous low-speed vehicles (ALSV), has appointed three strategic investors as active business advisors. The investors, Rick Wagoner, Mark L. Joseph, and Laurence Geller, bring extensive knowledge and experience in the automotive and passenger transportation industries. They will provide guidance and support to Carteav during its critical growth phase. The company aims to disrupt and revolutionize the ALSV marketplace, delivering autonomous transportation solutions in managed areas. The strategic investors are expected to help develop automotive and hospitality partnerships and drive market adoption. Carteav will showcase its vehicles at industry events, including CES 2023, the 2023 PGA Show, and the Anfas Hotel Equipment 2023. The companys mission is to inspire mass-market adoption of ALSVs globally.
Partners
growth-positive
Autonomous golf carts? Yes, please
Israeli startup Carteav is developing an autonomous driving system for low-speed vehicles used in places like hotels, campuses, airports, and hospitals. The system includes the autonomous vehicles, a site management system, and a passenger summoning system. The company takes existing golf carts and installs LiDAR sensors, cameras, and short-range radars on them. Carteav has raised $6.5 million from investors including Zohar Zisapel, Yehuda Zisapel, Altshuler Shaham, and Mobilion Ventures.
Investment
growth-positive
Autonomous Vehicle Developer Carteav Closes $6.5m in Capital Funding
Carteav, a leader in autonomous low-speed vehicles, has closed an equity investment funding round of $6.5 million. The investors include Zohar Zisapel and Mobilion Ventures. The funding will be used to expand product development initiatives and deepen the companys presence in the US. Carteav offers autonomous low-speed vehicles and a comprehensive site management solution. The company plans to participate in CES and the 2023 PGA Show as it aims to become the global leader in autonomous transportation in managed areas. The funding will enable Carteav to support and onboard early adopters and bring its vehicles to the US market.
InvestmentExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $6.5M |
| Last funding | $6.5M |
| Stage | A |
| Rounds | 2 |
| Investors | 4 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | carteav.com |
| Careers | Careers page |
Locations
Levi Eshkol St 29, Rishon LeTsiyon, Israel
Photos & Videos
No files yet
Carteav Business
Business models
B2B2C, B2C, B2B
Product stage
R&D
Employees
11-50
Sector
Automotive & Mobility TechnologiesUrban MobilityAutonomous & ConnectedTarget Customer
Media & EntertainmentSportsTravel & TourismAttractionsResortsHospitalityHotelsTransportation & LogisticsTransportation InfrastructureAirportsCore Technology
Artificial IntelligenceComputer VisionTags (6)
computer-visionairportssmart-mobilityhotelsautonomous-vehiclessafetyGeographic Markets
United StatesCarteav Financials
$6.5M
Total funding
Undisclosed
Capital raised
$6.5M
Last funding
A
Funding stage
2
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$6.5MNov 2022
$6.5MSep 2020
Private Equity Funding
A Round
Nov 2022
$6.5M
Altshuler Shaham Investment House, Yehuda Zisapel (Late), Mobilion Ventures, Zohar Zisapel (Late)
Undisclosed Round
Sep 2020
Undisclosed
Zohar Zisapel (Late)
Carteav Lifecycle
Cumulative Funding Raised Over Time
$6.5MNov 2022
$6.5MSep 2020
All Events
A Round
Nov 2022
$6.5M
Altshuler Shaham Investment House, Yehuda Zisapel (Late), Mobilion Ventures, Zohar Zisapel (Late)
Undisclosed Round
Sep 2020
Undisclosed
Zohar Zisapel (Late)
Carteav News
3 articles
growth-positive
Carteav Appoints New Strategic Investors to Active Business Advisors
Carteav, a leader in autonomous low-speed vehicles (ALSV), has appointed three strategic investors as active business advisors. The investors, Rick Wagoner, Mark L. Joseph, and Laurence Geller, bring extensive knowledge and experience in the automotive and passenger transportation industries. They will provide guidance and support to Carteav during its critical growth phase. The company aims to disrupt and revolutionize the ALSV marketplace, delivering autonomous transportation solutions in managed areas. The strategic investors are expected to help develop automotive and hospitality partnerships and drive market adoption. Carteav will showcase its vehicles at industry events, including CES 2023, the 2023 PGA Show, and the Anfas Hotel Equipment 2023. The companys mission is to inspire mass-market adoption of ALSVs globally.
Partners
growth-positive
Autonomous golf carts? Yes, please
Israeli startup Carteav is developing an autonomous driving system for low-speed vehicles used in places like hotels, campuses, airports, and hospitals. The system includes the autonomous vehicles, a site management system, and a passenger summoning system. The company takes existing golf carts and installs LiDAR sensors, cameras, and short-range radars on them. Carteav has raised $6.5 million from investors including Zohar Zisapel, Yehuda Zisapel, Altshuler Shaham, and Mobilion Ventures.
Investment
growth-positive
Autonomous Vehicle Developer Carteav Closes $6.5m in Capital Funding
Carteav, a leader in autonomous low-speed vehicles, has closed an equity investment funding round of $6.5 million. The investors include Zohar Zisapel and Mobilion Ventures. The funding will be used to expand product development initiatives and deepen the companys presence in the US. Carteav offers autonomous low-speed vehicles and a comprehensive site management solution. The company plans to participate in CES and the 2023 PGA Show as it aims to become the global leader in autonomous transportation in managed areas. The funding will enable Carteav to support and onboard early adopters and bring its vehicles to the US market.
InvestmentExpand
Carteav Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 28 |
| Team members | 2 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 18 classification IDs that could be used for matching.
Carteav Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 89/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Maor Perlov |
| Registrar ID | 516256542 |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-01-05T00:00:00.000Z |
| Created | 2020-10-04T00:00:00.000Z |