How Much Did CorrActions Raise?
Funding & Key Investors

CorrActions, a Jerusalem-based pioneer in neuroscience-driven artificial intelligence, has successfully secured a major strategic investment to accelerate its technological roadmap. This latest capital injection brings the company's $10M to a new milestone, underscoring investor confidence in its unique approach to human-machine interface challenges. The recent $7.3M represents a pivotal moment for the firm as it transitions from early-stage development into a phase of rapid enterprise-level scaling and market penetration.

What is CorrActions?

CorrActions
SoftwareEngineering Software

CorrActions operates at the intersection of neuroscience and machine learning, developing sophisticated AI software designed to bridge the gap between human cognitive states and machine responsiveness. By analyzing neurological data, the company provides actionable insights that enhance safety and operational efficiency across various sectors, including automotive and industrial automation. Positioned as a critical player in the deep tech landscape, CorrActions addresses the growing demand for intuitive, safety-critical human-machine interfaces that can adapt to the physiological and cognitive nuances of the user in real-time.

How much funding has CorrActions raised?

CorrActions has raised a total of $9.9M across 2 funding rounds:

2021

Angel/Seed

$2.7M

2023

Series A

$7.3M

Angel/Seed (2021): $2.7M with participation from Israeli Innovation Authority, Operator Partners, and VentureIsrael

Series A (2023): $7.3M led by Stone Ventures Partners, NextLeap Ventures, Regah Ventures, Volvo Group, Next Gear Ventures, OurCrowd, and BlackBerry

Key Investors in CorrActions

Volvo Group

A global leader in the manufacturing of trucks, buses, and construction equipment, providing comprehensive solutions for industrial transport and infrastructure.

BlackBerry

A prominent cybersecurity firm specializing in securing the Internet of Things and providing safety-critical software for embedded systems.

Next Gear Ventures

A venture capital firm focused on sustainable and smart mobility solutions, supporting early-stage ventures that drive innovation in clean propulsion and urban transport.

What's next for CorrActions?

With this latest infusion of capital, CorrActions is well-positioned to deepen its research and development efforts while expanding its commercial footprint. The strategic backing from industry leaders and venture firms suggests a clear trajectory toward integrating its neuroscience-based solutions into global enterprise ecosystems. Moving forward, the company is expected to prioritize the refinement of its proprietary algorithms and the scaling of its software deployment, aiming to set a new standard for safety and interaction in the rapidly evolving landscape of autonomous and semi-autonomous systems.

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Frequently Asked Questions Regarding CorrActions Financial Insights

What are the most recent funding rounds that CorrActions has completed, and what were the funding rounds?
CorrActions has recently completed 2 funding rounds: Series A on Dec 12, 2023, Angel/Seed on May 27, 2021.
What is the total amount of funding CorrActions has raised to date?
CorrActions has raised a total of $9.9M in funding to date.
How many funding rounds has CorrActions completed?
CorrActions has completed 2 funding rounds.
How much funding did CorrActions raise in its most recent funding round?
CorrActions raised $7.3M in its most recent funding round.
Who are the lead investors in CorrActions's latest funding round?
The lead investor in CorrActions's latest funding round was Stone Ventures Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CorrActions's history?
The largest funding round in CorrActions's history was $7.3M.
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