What is Mobileye?
Founded in 1999 and headquartered in Jerusalem, Israel, Mobileye specializes in developing sophisticated autonomous driving technologies and advanced driver-assistance systems (ADAS). Their product suite includes advanced cameras, specialized computer chips, and intelligent software designed to enhance vehicle safety and enable self-driving capabilities. Mobileye's technology is integral to the automotive industry's push towards greater automation and safety, positioning the company as a key player in the future of mobility. The company's trajectory, marked by substantial capital infusions, indicates a strong market demand for its pioneering work in a rapidly evolving sector.
How much funding has Mobileye raised?
Mobileye has raised a total of $2.3B across 5 funding rounds:
Private Equity
$15M
Private Equity
$100M
Private Equity
$400M
Stock Offering
$889.7M
Stock Offering
$861M
Private Equity (2006): $15M with participation from FIBI Holding, Gandyr Group, and GlenRock
Private Equity (2007): $100M led by Goldman Sachs
Private Equity (2013): $400M supported by Fidelity, Enterprise Rent-A-Car, BlackRock, and Wellington Management Co.
Stock Issuance/Offering (2014): $889.7M, investors not publicly disclosed
Stock Issuance/Offering (2022): $861M, investors not publicly disclosed
Key Investors in Mobileye
Goldman Sachs
Goldman Sachs is a leading global investment banking firm, known for its significant involvement in capital markets and strategic advisory services for technology-focused companies.
Fidelity
Fidelity Investments is a major financial services firm providing a broad range of investment and wealth management solutions, often backing companies with strong growth potential.
BlackRock
BlackRock is a global investment management corporation that offers a wide array of investment products and services, frequently investing in technology and growth-oriented enterprises.
What's next for Mobileye?
With the recent major strategic investment, Mobileye is poised to further solidify its market leadership. This capital infusion will likely fuel continued research and development into next-generation autonomous driving systems, expand manufacturing capabilities, and strengthen global partnerships. The company's focus on safety and efficiency in autonomous technology suggests a strategic expansion into new markets and applications, potentially including commercial vehicles and advanced mobility services. Mobileye's ongoing commitment to innovation, backed by substantial financial backing, positions it for sustained growth and influence in the autonomous vehicle landscape.
See full Mobileye company page
