Ottopia - About the company
Ottopia is a series A company based in Tel Aviv (Israel), founded in 2018. It operates as a Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles. Ottopia has raised $26.5M in funding from investors like Plug and Play Tech Center, ComfortDelGro and Glory Ventures. The company has 25 active competitors, including 8 funded and 7 that have exited. Its top competitors include companies like Vay, Fernride and Embotech.
Company Details
Ottopia is a developer of AI-powered teleoperation solutions to remotely control autonomous vehicles. It provides a software platform that allows the human operator and the car’s AI to work together during a remote intervention. The solutions help in remote assistance, low-speed remote driving, monitoring performance, and more. It caters to industries like logistics, mining, agriculture, shipping, etc.
- Website
- www.ottopia.tech/
- Email ID
- *****@ottopia.tech
Key Metrics
Founded Year
2018
Location
Tel Aviv, Israel
Stage
Series A
Total Funding
$26.5M in 4 rounds
Latest Funding Round
Investors
Ranked
10th among 25 active competitors
Employee Count
30 as on Sep 30, 2026
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Ottopia's funding and investors
Ottopia has raised a total funding of $26.5M over 4 rounds. Its first funding round was on Dec 21, 2018. Its latest funding round was a Series A round on Jan 10, 2023 for $*****. 5 investors participated in its latest round. Ottopia has 13 institutional investors.
Here is the list of recent funding rounds of Ottopia:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 10, 2023 | 6493889 | Series A | 2431302 | 9154802 | 7976680 | 4015654 |
Apr 23, 2021 | 9366440 | Series A | 2449607 | 4893773 | 9595929 | |
Jan 01, 2021 | 5961868 | Grant (prize money) | 7497625 | 1854992 | 8195430 |
View details of Ottopia's funding rounds and investors
Ottopia's founders and board of directors
Founder? Claim ProfileOttopia's employee count trend
Ottopia has 30 employees as of Sep 26. Here is Ottopia's employee count trend over the years:
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Ottopia's Competitors and alternates
Top competitors of Ottopia include Vay, Fernride and Embotech. Here is the list of Top 10 competitors of Ottopia, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform focused on remote-driven mobility and transportation technology | $185M | 78/100 | ||
2nd | Developer of autonomous driving platform for container terminals and yard operations | $87.4M | 66/100 | ||
3rd | Embotech 2013, Zurich (Switzerland), Series B | Developer of autonomous driving solutions for industrial logistics and vehicle marshalling | $41.3M | 58/100 | |
4th | DriveU.auto 2019, Ra'anana (Israel), Series A | Autonomous terminal tractor retrofit kit and teleoperation connectivity platfrom | $4M | 57/100 | |
5th | Cyngn Technologies 2013, Menlo Park (United States), Public | Developer of autonomous vehicle technology and autonomous mobile robots | $110M | 55/100 | |
6th | iSee 2017, Cambridge (United States), Series B | Developer of autonomous driving systems for yard truck applications | $70M | 50/100 | |
7th | Outrider 2017, Golden (United States), Series D | Provider of autonomous systems for automating yard operations at logistics hubs | $283M | 46/100 | |
8th | A company that provides an indoor/outdoor automated transport service utilizing autonomous EVs | $6.78M | 46/100 | ||
9th | Scotty Labs 2017, Menlo Park (United States), Acquired | Teleoperations platform to virtually control self-driving vehicles | $6.06M | 45/100 | |
10th | Developer of AI-powered teleoperation solutions to remotely control autonomous vehicles | $26.5M | 44/100 |
Looking for more details on Ottopia's competitors? Click here to see the top ones
Ottopia's Investments and acquisitions
Ottopia has made no investments or acquisitions yet.
Reports related to Ottopia
Here is the latest report on Ottopia's sector:
News related to Ottopia
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Ottopia Selected as the Global Market Leader of Automotive Teleoperation by Frost & SullivanPR Newswire•Apr 04, 2024•Ottopia
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ComfortDelGro Invests US$4 Million in Ottopia to Strengthen AV CapabilitiesGeospatial World•Jan 18, 2023•ComfortDelGro, Ottopia, Shift4Good, European Investment Fund and 1 other
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Ottopia Raises $14.5M in Series A FundingFinSMEs•Jan 11, 2023•Ottopia, ComfortDelGro, MizMaa, IN Venture and 2 others
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Hyundai Mobis teams up with Israel’s Ottopia for autonomous driving solutionKorea Herald•Dec 21, 2022•MOBIS INDIA LIMITED, Ottopia
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Ottopia Announces Availability of Teleoperation Software on NVIDIA DRIVE PlatformAiThority•May 11, 2021•Ottopia, Nvidia
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Ottopia raises $ 9 million for its autonomous vehicle remote control solutionusine-digitale.fr•Apr 26, 2021•Ottopia, Hyundai Motor Group, Maven Capital Partners, IN Venture
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Hyundai invests in teleoperations startup Ottopia as part of $9M roundTechCrunch+•Apr 23, 2021•Hyundai, Ottopia
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Ottopia Was Selected as One of the Most Suitable Solutions to Be Integrated Into L4 Autonomous VehiclesAiThority•Dec 24, 2020•Ottopia, BMW Group
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T-Systems and Ottopia innovative solution wins accolades at Startup AutobahnTelecomDrive•Feb 17, 2020•T Systems, Ottopia
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