The crisis in high-tech hasn’t spared any sector, with layoffs and cutbacks being registered across the board. However, one sector that is surprisingly not only managing to keep its head above water, but actually even thriving in these challenging times, is autotech. Since the start of the year, and in particular this month, Israeli startups in the sector have registered impressive funding rounds and exits, as well as collaborations with some of the biggest names in the industry.
Headquartered in Teaneck, New Jersey, and in Tel Aviv, UVeye offers vehicle inspection systems based on advanced artificial intelligence, computer vision, and machine learning technologies for both the automotive and homeland security industries.