Carteav

Carteav is an autonomous vehicle technology company that develops AI-powered autonomous low-speed electric vehicles (LSVs/ALSVs) for geo-fenced environments. The company provides an end-to-end solution that includes autonomous vehicles, fleet management software, autonomous wireless charging, and a reservation system, enabling safe driverless transportation of people and goods within designated areas. Carteav's vehicles navigate using LiDAR, RADAR, computer vision, and deep learning algorithms, with capabilities including GPS-free navigation in tunnels, automatic use of lights and turn signals, and obstacle avoidance. The platform functions as a campus-based ride-hailing service, allowing passengers to choose when and where they are picked up for personal point-to-point transit. Carteav serves hotels and resorts, retirement communities, gated communities, industrial campuses, and educational campuses, addressing the driver shortage while reducing transportation costs, improving safety, and providing 24/7 availability. Founded in 2020 and headquartered in Rishon Lezion, Israel, the company has raised approximately $6.5 million in Series A funding from investors including Mobillion Ventures.