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Foretellix and Geely Partner to Accelerate AV Development

Geely will use Foretellix’s AI training and validation solution to reduce development costs, enhance safety, and improve time to market.

Shanghai, China, May 7, 2024 — Geely, a major Chinese automotive manufacturer, and Foretellix, a leading provider of safety-driven V&V solutions for Autonomous Vehicles (AV), announced today a strategic partnership to enable safe large-scale deployment of AVs while reducing Geely’s R&D costs and increasing development efficiency.

Foretellix and Geely will collaborate to integrate Foretellix’s Foretify™ platform with Geely’s development and V&V flows and advanced simulator. The Foretify Platform will enable efficient synthetic data generation for AI training, automated scenario-based virtual testing, large-scale failure triage, performance and KPIs assessment, and ODD coverage measurement. The platform will be used to automatically analyze driving logs from Geely’s test vehicles and replay numerous variations in virtual simulation to maximize the utilization of physical drives.

“The Foretellix solution will expedite and enhance Geely’s development and validation process,” said Mr. ChuanHai Li, Vice President of Geely Research and Development.  “It will enable us to ensure proper ODD coverage, quickly identify unknown corner cases, and resolve them more efficiently. Our partnership with Forerellix will be crucial in Geely’s quest to overcome safety challenges and commercialize AVs faster.”

“We are excited to partner with Geely,” said Ziv Binyamini, Foretellix CEO and co-founder. “We look forward to working with Geely and helping them accelerate their strategy for safe, efficient, and cost-effective autonomy.”

About Geely

Geely, a pioneering force in the automotive industry, continues to redefine the future of mobility through innovation and dedication to excellence. Established in 1986, Geely has emerged as a global leader in automobile manufacturing, renowned for its cutting-edge technology, forward-thinking design, and commitment to sustainability. With a diverse portfolio encompassing electric, hybrid, and traditional vehicles, Geely remains at the forefront of the automotive revolution, shaping the way we drive and inspiring a new era of transportation solutions.

About Foretellix

Foretellix is the leading provider of safety-driven V&V solutions for Automated Driving Systems and ADAS. Foretellix’s Foretify™️ platform helps automotive, trucking, and mining customers to ensure safety, reduce development costs, and accelerate time-to-market. Foretellix is headquartered in Israel, with US, Europe, and Asia offices. For more information, visit www.foretellix.com

 

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Ziv Binyamini

CEO & Co-Founder

Ziv is a verification visionary and a passionate leader. Previously, Ziv served as Corporate VP at Cadence running the simulation and verification business. Through his career at Cadence, Verisity and Intel, Ziv led the development of verification businesses including chip simulation and Verification IP, industry first Coverage Driven Verification solutions and test bench products including Specman for chip verification and Perspec for SoC HW/SW verification.

Yoav Hollander

CTO & Founder

Yoav is a world expert and leader in complex systems expert verification and validation. he Invented the “e” verification language and related methodology (later followed by the UVM methodology). Yoav founded Verisity to deliver “e” and related tools. Verisity was acquired by Cadence Design Systems. In the last few years, Yoav has been researching complex-system verification.

Gil Amid

Chief Regulatory Affairs Officer, VP Operations & Co-founder

Gil is a former Vice President of Intel Corp. Gil has 30 years of experience working for Intel , in which he led the development of EDA and CAD tools in all design domains as well as leading VLSI design projects. In his recent years he was in charge of (among others) the verification tools development organization within Intel.

Doron Ilan

CFO

Doron is an experienced CFO with over 20 years in corporate finance, in various private and public companies. As the CFO of 012 Smile Telecom [Nasdaq: BCOM], he led the company’s successful NASDAQ IPO, and later, as the CFO of SuperCom [SPCB] executed an M&A process and a public offering on NASDAQ. In recent years he was the CFO of Xfone, an Israeli telecom provider.

Udi Jacobi

Udi Jacobi

Chief Commercial Officer

Udi has over 20 years of commercial leadership experience, managing and growing businesses throughout the USA, Europe, and APAC. His experience spans a broad range of industries and disciplines, including Automotive, New Media, and Digital Transformation. Prior to joining Foretellix, Udi founded and successfully grew Brightcom Media into a multi-million-dollar profitable business.

Vicky Revzin

HR & Global Employee Operations Director

Vicky Revzin – HR & Global Employee Operations Director

Roger Ordman

VP Marketing

Roger has over 20 years of global experience managing product, marketing and business development teams. Roger’s experience spans the networking, mobile and automotive industries previously serving as EVP of Marketing at Aurora Labs, and Marketing and Product Director at HARMAN. Roger is a frequent speaker on emerging trends in automotive software and holds an engineering degree in Industrial Management from Tel Aviv University.

Sharon Rosenberg

Solution Architect & Chief Methodologist

Sharon has over two decades of experience in the verification and validation of highly complex systems. He is the author of two landmark verification & validation textbooks and a key contributor to ASAM OpenSCENARIO® 2.0.

Ron Grossberg

VP R&D

Ron is an experienced manager and a passionate software engineer with more than 20 years of experience. Previously Ron managed a group in Algotec (now a Philips subsidiary), fully in charge of the development of complex medical imaging software used by radiologists in thousands of hospitals around the globe. Ron started his way in the IDF programming academy and technological units.

Jeni Osternik

Jeni Osternik

VP Product & Execution

Jeni is a versatile leader with over 17 years of experience spanning product management, operations, engineering, and business leadership. He leads the company’s product and delivery execution, ensuring the successful alignment of business, technology, and customer value. Before joining Foretellix, Jeni held management roles in the defense and homeland security sectors, where he led multidisciplinary teams and large-scale international programs, driving growth and innovation across complex technology ecosystems.

Alex Hitzinger

CEO & Co-Founder

Alex started his automotive career at Toyota Motorsport before joining Cosworth and Red Bull Technology. Hitzinger then joined Porsche as Technical Director and Chief Engineer of Porsche 919, which won the 24 Hours of Le Mans in 2015. He spent three years at Apple as Head of Product Design for Project Titan. Most recently, Hitzinger served as Senior Vice President of Autonomous Driving at VW Group and Member of the Executive Board VWN, where he was involved in developing the ID Buzz. He also served as Chief Executive Officer of Artemis GmbH, where he was the Chief Architect of the revolutionary new vehicle concept for next-generation autonomous mobility for their flagship-product Audi Landjet.

Moshe Gavrielov

Chairman of the Board

Moshe Gavrielov last served as the President and CEO of Xilinx from 2008-2018, during which the company delivered three successive generations of technology leadership. These yielded revenue growth to over $2.5B, significantly increased profitability, and market share expansion. As a result market capitalization quadrupled during his tenure and approached $20B. Prior to that Moshe was the CEO of Verisity, delivered revenue growth to over $70M while leading its successful IPO in 2001 and led its sale to Cadence for $315M in 2005. Prior to Verisity, Moshe served in numerous executive management roles in LSI Logic, Digital Equipment and National Semiconductor.

Boaz Schwartz

Chairman of the Board

Boaz Schwartz is a seasoned finance professional and a tech investor. Dr. Schwartz has founded and managed Deutsche Bank Israel for 24 years and until December 2020. Following his retirement from Deutsche Bank, Boaz has become an active tech investor in both early and late-stage companies. Dr. Schwartz is a board member of IDC Herzliya, iArgento Ltd and the vice-Chairman of Zabar Solar Ltd. He earned a Ph.D in Finance from the University of Chicago; MBA with Distinction from the Wharton School at the University of Pennsylvania; MSc and BSc in Electrical Engineering from the University of Tel Aviv.

Gil Goren

CEO & Co-Founder

Gil Goren joined 83North in 2016, after more than a decade at EMC in a variety of roles in Boston and Tel Aviv. At his last role as SVP & Managing Partner at EMC Ventures he managed strategic partnerships Investments and M&A internationally. Prior investments include Anobit (acquired by Apple), XtremIO & ScaleIO (both acquired by EMC), Cyvera & Secdo (both acquired by Palo Alto Networks), Adallom (acquired by Microsoft), CloudEndure (acquired by Amazon) Jfrog, RedisLabs, Guardicore and VastData among others. Currently on the boards of VDOO, Foretellix, and IBEX. He has B.SC in Electrical Engineering from the Technion and MBA from Boston University.

Glen De Vos

Mr. De Vos has over 30 years of senior leadership experience in automotive and industrial technology sectors, particularly around autonomy and mobility. In his career he has held a number of leadership roles at Aptiv and its predecessor Delphi Automotive. Positions included Chief Technology Officer and President of the Advanced Safety and User Experience business unit. He currently serves as the CEO of MicroVision, Inc.

Mark Mohr

VP Global Sales & Business Development

Since March 2021 Mark is SVP of Vehicle Technology at Volvo Group Truck Technology. Before he was Head of Development Commercial Vehicle Division at ZF Friedrichshafen AG. In this role, Mark’s main was on driver assistance systems automation, new hardware, and software architectures besides the classical driveline and chassis business. Since his Ph.D. in Mechanical Engineering from the Technical University Kaiserslautern, Germany, he has a long experience in simulation and digital engineering.

Carl-Peter Forster

VP Global Sales & Business Development

Carl-Peter Forster started his career at McKinsey & Company as a management consultant in 1982. After four years there, he joined BMW in Munich, where he became a member of the Executive Board in 1999 as head of global manufacturing. In 2001, he joined the European division of General Motors and became Managing Director of Opel and Vice President of GM Europe. In 2006 he became CEO and President of GM Europe and joined the parent company’s Global Automotive Strategy Board. After leaving General Motors, he became Group CEO at Tata Motors, where he was responsible for the Jaguar and Land Rover brands. In 2013, he joined the boards of Geely Automotive Holdings and Volvo Cars.

Eran Sandhaus

Eran recently led Delphi Automotive’s (now Aptiv) Autonomous Driving and Connected Services business unit, overseeing global engineering teams, business staff and wholly owned subsidiaries focused on providing hardware, software, algorithms and cloud services to transform future mobility. Prior to Delphi, Eran was a senior executive for over 20 years in Fortune 500 companies including Qualcomm, Cypress, Texas Instruments and Marvell. During this period Eran led global businesses, operations and M&A focused on server communications, storage, mobile handsets and Internet-of-Things (IoT) for consumer, automotive and industrial applications.

Benny Schnaider

Benny Schnaider is a high-tech serial entrepreneur. Benny co-founded Ravello Systems and served as its President and Chairman. The company has developed an over-the-top cloud services. Since Ravello acquisition by Oracle in 2016, Benny serves as VP SW development for Oracle-Ravello. Previously, Benny co-founded and was the CEO Qumranet (KVM), acquired by Red Hat in 2008. Co-founded P-Cube, acquired by Cisco in 2004. Benny was the CEO and Founder of PentaCom Ltd., acquired by Cisco in 2000. Benny invests and serves as a board member in several startups like: Traffix Systems (acquired by F5 in 2012) and B-Hive (acquired by VMware in 2008), ScyllaDB, Otonomo, Colabo, CathWorks.