Based out of Israel, Aurora Labs is a predictive car maintenance company focused on software. Aurora recently announced they finished $8.4 million in financing led primarily by MizMaa Ventures and Fraser McCombs Capital.
These new funds will allow Aurora to expand further into the international market past their recently opened office in Munich, Germany and to push their research and development.
Currently the startup offers advanced predictive maintenance solutions for connected and self-driving cars.
As more and more cars rely on software instead of traditional mechanics, auto manufacturers must create shorter development cycles, which increases the number of issues and bugs software could have which could lead to expansive recalls. As the software gets more complicated and use grows, so will the cost of maintenance.
Aurora's platform can sense software faults ahead of time and fix issues in the electronic control unit software, which is basically the car's brain. Their software maintenance technology can send out over the air updates straight to a car's ECU with almost no downtime.
"Our technology fills a crucial role, enabling innovation without compromising on safety in the increasingly software-reliant automotive industry," said Zohar Fox, CEO and Co-founder of Aurora Labs. "The number of lines of code in vehicles is already roughly 150 million and is only expected to climb. The average of 15-50 errors for every thousand lines of code, with QA missing 15 percent of them."
In case of an error with a self-driving car, the car's ECU software error management system turns on and the car goes back to a previous, working, version automatically, making sure that the car runs smoothly.
"The growing number of software recalls has become a significant challenge for automakers, in both financial terms and also the inconvenience it causes to countless drivers who are required to take their vehicles in for servicing," noted Catherine Leung, a Founder & General Partner of MizMaa Ventures.
Aurora is already working with three major OEM's who are testing their product.