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RE: LeoThread 2024-10-22 09:10

in LeoFinance4 months ago

One Zero, the AI fintech started by the founder of MobileEye, is raising $100M, say sources

Amnon Shashua, the founder and CEO of Mobileye, has an eye for complicated problems that he believes can be solved with AI

Amnon Shashua, the founder and CEO of Mobileye, has an eye for complicated problems that he believes can be solved with AI, and that AI itself can be fixed to become more reliable. On the sidelines of building and running his self-driving car technology company — which he took public, then sold to Intel, then spun out again — he’s been hatching a number of other ideas.

#ai #technology #mobileye #fintech #onezero

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Now, one of these is raising money and gaining significant momentum.

One Zero, a fintech aiming to use AI in retail banking services, is in the process of raising at least $100 million, TechCrunch has learned.

Despite being co-founded by one of the most high-profile and successful founders in Israel, One Zero has had surprisingly little attention to date outside of its home market. But the company has raised around $242 million so far, and in 2023 it was valued at $320 million, per data in PitchBook. Our sources say that the valuation will be significantly higher in the next round.