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Tel Aviv-Yafo, Israel

VC; CarMax, W.R. Berkley Corporation, F.I.T. Ventures, Volvo, Toyota

UVeye is a Computer Vision company that develops automated inspection systems for vehicles, powered by artificial intelligence and proprietary hardware.

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UVeye Enters into Strategic Collaboration with General Motors to Expand Technology to Global Dealerships


Topics: Funding Event

Organizations: UVeye, General Motors

UVeye, a provider of advanced vehicle diagnostic systems, today announced that it has received an investment from the capital venture arm of General Motors, GM Ventures, to help fund the development and commercialization of the company’s vehicle inspection technology.

As part of the strategic collaboration agreement, the two companies have agreed to work on a variety of vehicle-inspection technology projects involving used-car auctions, fleet operations and automotive dealership sales. In the future, UVeye plans to incorporate electric-vehicle and autonomous-driving platforms into its inspection databases as well.

Read more at UVeye Blog

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