Porsche Invests In Israeli Auto Tech Firm Tactile Mobility

Tactile Mobility develops software that uses a vehicle's non-visual sensors, including wheel speed, wheel angle, RPM and gear position to help smart and autonomous vehicles "feel" vehicle-road dynamics and road conditions below their tires.

View Photos
Porsche has invested $ 9 Million in Tactile Mobility.

Israeli automotive technology startup Tactile Mobility said on Tuesday it secured $9 million in funding from Porsche, Union Tech Ventures and previous investors.

Tactile Mobility said it plans to use the funds, which could grow to $14 million, to further develop its technology and data offerings and expand marketing operations.

Tactile Mobility develops software that uses a vehicle's non-visual sensors, including wheel speed, wheel angle, RPM and gear position to help smart and autonomous vehicles "feel" vehicle-road dynamics and road conditions below their tires.

In addition, the company said it crowdsources data regarding vehicle-road dynamics from vehicles equipped with its software to create a representation of each vehicle's characteristics that can help maximize vehicle longevity, and a road conditions and hazards map layer.

0 Comments

The company is collaborating with several manufacturers including Ford and Porsche as well as with municipalities and road authorities in the United States, Europe, and Asia.



(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

For the latest auto news and reviews, follow CarandBike on Twitter, Facebook, and subscribe to our YouTube channel.

Be the first one to comment
Thanks for the comments.