Zense Act - About the company
Zense Act is an acquired company based in Sweden, founded in 2020. It operates as an AI & Saas-enabled software platform offering development of autonomous driving solutions. Zense Act has raised an undisclosed amount in funding. The company has 118 active competitors, including 32 funded and 23 that have exited. Its top competitors include companies like Aptiv, Phantom and Cortica.
Company Details
AI & Saas-enabled software platform offering development of autonomous driving solutions. The company offers software platform for the development of self-driving technologies for cars. It offers features like an open-source platform, scalable system, etc. The platform offers various systems like computer vision software, vehicle motion control, localization, etc.
- Website
- zenseact.com
- Social
- Phone Number
- +46 **********
Key Metrics
Founded Year
2020
Location
Stage
Acquired
Latest Funding Round
Ranked
23rd among 118 active competitors
Employee Count
617 as on Sep 30, 2026
Exit Details
Acquired by Volvo Cars (Dec 31, 2022)
Zense Act's acquisition details
Zense Act got acquired by Volvo Cars on Dec 31, 2022.
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Zense Act's funding and investors
Zense Act has raised funding over 2 rounds. Its first funding round was on Jul 01, 2021. Its latest funding round was a Seed round on Jul 14, 2021 for $*****. 1 investor participated in its latest round. Zense Act has 2 institutional investors.
Here is the list of recent funding rounds of Zense Act:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 14, 2021 | 9228707 | Seed | 5434235 | 8084141 | 6057727 | 8434437 |
Jul 01, 2021 | 5373893 | Grant (prize money) | 7918893 | 3445089 | 7884621 |
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Zense Act's founders and board of directors
Founder? Claim ProfileZense Act's employee count trend
Zense Act has 617 employees as of Sep 26. Here is Zense Act's employee count trend over the years:
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Zense Act's Competitors and alternates
Top competitors of Zense Act include Aptiv, Phantom and Cortica. Here is the list of Top 10 competitors of Zense Act, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aptiv 1994, Schaffhausen (Switzerland), Public | Provider of vehicle components, connectivity systems, and electrical distribution systems | - | 71/100 | |
2nd |  Phantom 2016, Burlingame (United States), Acquired | AI-enabled full-stack system provider for autonomous vehicles | $80.2M | 70/100 | |
3rd | Provider of an AI-enabled visual intelligence platform | $34.9M | 67/100 | ||
4th | StradVision 2014, Seoul (South Korea), Public | Developer of AI-based perception software for autonomous driving and advanced systems | $137M | 63/100 | |
5th |  Indie Semiconductor 2007, Aliso Viejo (United States), Public | Platform develops semiconductor solutions for automotive systems | $3M | 61/100 | |
6th |  Aviva Links 2020, San Jose (United States), Acquired | AI-enabled platform offering connectivity solutions for autonomous driving | $33M | 60/100 | |
7th | Provider of tech-enabled vision based ADAS and autonomous vehicle solutions | - | 60/100 | ||
8th | Derq 2016, Dubai (United Arab Emirates), Seed | Developer of intelligent transportation systems using artificial intelligence for road safety | $6M | 60/100 | |
9th |  Autobrains 2019, Tel Aviv (Israel), Series C | AI-driven automotive intelligence that develops adaptive learning systems for vehicles | $120M | 59/100 | |
10th |  PhiGent Robotics 2021, Beijing (China), Series B | Provider of driving robotics solutions | $110M | 58/100 | |
23rd | AI & Saas-enabled software platform offering development of autonomous driving solutions | - | 47/100 |
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Zense Act's Investments and acquisitions
Zense Act has made no investments or acquisitions yet.
Reports related to Zense Act
Here is the latest report on Zense Act's sector:
News related to Zense Act
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Zenseact becomes fully owned subsidiary of Volvo CarsReuters•Dec 31, 2022•Zense Act, Volvo Cars, Volvo
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AI software company Zenseact launches a new generation of safety technology in the Volvo EX90.PR Newswire•Nov 15, 2022•Zense Act
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Swedish Polestar unveils new electric SUV at $84,000Breaking The News•Oct 12, 2022•Polestar, Zense Act
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Veeam and Kasten K10 by Veeam Enable Zenseact to Accelerate Data Protection TransitionSMEStreet.in•Jun 23, 2022•Veeam, Zense Act, Kasten
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Volvo Cars’ unsupervised autonomous driving feature Ride Pilot to debut in CaliforniaNew Mobility•Jan 06, 2022•Volvo Cars, Skylum, Zense Act
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Zenseact receives ECARX strategic investmentNew Mobility•Jul 14, 2021•Volvo Cars, Zense Act, ECARX Holdings
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China's ECARX acquires stake in Volvo's autonomous driving subsidiaryChina Daily•Jul 14, 2021•Volvo Cars, Zense Act, ECARX
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Volvo and Luminar unveil autonomous highway driving systemusine-digitale.fr•Mar 14, 2021•Luminar Technologies, Zense Act, Volvo Cars
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Volvo Cars appoints Ödgärd Andersson CEO of its autonomous drive software company ZenseactNew Mobility•Oct 15, 2020•Volvo Cars, Zense Act
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