Teleoperation startup Ottopia nets $14.5 million Series A
Teleoperation startup Ottopia nets $14.5 million Series A
The Israeli startup’s teleoperation software can remotely assist, guide, and even safely control fleets of autonomous vehicles and machines
Israeli startup Ottopia announced on Tuesday that it has raised $14.5 million in its Series A funding round. The round included participation from ComfortDelGro, one of the world’s biggest public transport companies, AI Alliance Fund, and existing investors such as MizMaa Ventures, IN Venture, and Next Gear Ventures.
Ottopia was founded in 2018 by CEO Amit Rosenzweig with the aim of enabling autonomy in multiple industries such as mobility, logistics, freight, last-mile delivery, agriculture, and construction. The company’s teleoperation software can remotely assist, guide, and even safely control fleets of autonomous vehicles and machines.
With this new funding, Ottopia plans to accelerate the development and roll-out of its teleoperation software, as well as expand its team, which currently numbers 42 employees.
