Foresight Autonomous (FRSX) announced that it and its wholly owned subsidiary, Eye-Net Mobile, have entered into definitive agreements with institutional and private investors for an investment in Eye-Net, based on an Eye-Net pre-money valuation of $45 million. The gross proceeds of the investment will be approximately $2.75 million, before deducting finders’ fees and other estimated offering expenses.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FRSX:
- Foresight’s Eye-Net passes Euro NCAP validation for V2X solution
- Sector Spotlight: Nvidia stresses strong Blackwell demand in Q4 earnings report
- Foresight Integrates NVIDIA Jetson Orin for Enhanced Drone Perception
- Foresight Autonomous integrates Nvidia Jetson Orin into perception tech
- Foresight Autonomous Increases ADS Offering to $11.4 Million