UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax

UVeye’s automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector.
The company, which uses a combination of computer vision and machine learning to create a system that can quickly and accurately inspect vehicles, has raised $100 million in a Series D funding round led by Hanaco VC, a venture capital firm based in New York and Tel Aviv. Existing investors GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P. and Israeli institutio

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