StageSeries A | Alive
Last Raised$3.16M | 8 mos ago
BANF develops a diagnostic system for tires. The company's technology measures tire conditions and road surface infrastructure information in real-time through intelligent tire sensors and analyzes them with artificial intelligence. The company serves autonomous vehicle manufacturers. It was founded in 2020 and is based in South Korea.
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Expert Collections containing BANF
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BANF is included in 2 Expert Collections, including Auto Tech.
Startups developing software and/or hardware technology that enables in-vehicle connectivity and connectivity-related applications like telematics, media, and vehicle-to-infrastructure communication.
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
Latest BANF News
Dec 28, 2022
BANF – A K-Startup for Monitoring the Tire Profile of Autonomous Trucks BANF is a Korean automotive startup developing tire safety systems for autonomous trucks by keeping track of tire health. The approach of implementing a tire safety system has the potential to reduce the number of road accidents. Moreover, autonomous driving is not yet 100% reliable and stable. While the technology may be impressive, autonomous driving can still cause trouble on…
BANF Frequently Asked Questions (FAQ)
When was BANF founded?
BANF was founded in 2020.
Where is BANF's headquarters?
BANF's headquarters is located at 180 Yeoksam-ro, Gangnam-gu, Seoul.
What is BANF's latest funding round?
BANF's latest funding round is Series A.
How much did BANF raise?
BANF raised a total of $3.26M.
Who are the investors of BANF?
Investors of BANF include Bluepoint Partners, WE ventures, L&S VENTURE CAPITAL, Daedeok Venture Partners, GENTIUM Partners and 3 more.
Who are BANF's competitors?
Competitors of BANF include Tyrata and 4 more.
Compare BANF to Competitors
Tyrata develops sensor technology that monitors tire tread wear in real time, warning drivers and fleet management operators when tire rubber has grown dangerously thin. The Tyrata tire wear sensor can also be linked to data analytics systems to improve safety in consumer vehicles, reduce maintenance costs in large fleet management operations, and provide data for the emerging autonomous vehicles market.
Revvo operates as an artificial intelligence (AI)-driven tire management solution. It monitors tires while a vehicle is on the road. It uses TireIQ, the artificial intelligence (AI) engine for tires, and provides real-time alerting, automated reports. It was founded in 2018 and is based in San Mateo, California.
Enervibe develops cross-industry micro-electromechanical systems (MEMS) chips for harvesting ambient energy from vibrating sources. It produces zero-emission kinetic energy harvesters that convert mechanical energy into electrical energy using different transducing mechanisms. It was founded in 2018 and is based in Airport City, Israel.
Fracttal provides maintenance and asset management software for the Internet of Things (IoT). The software allows companies to plan, organize, and carry out the maintenance of any type of equipment. It was founded in 2016 and is based in Madrid, Spain.
Hexastate provides AI (Artificial Intelligence) and IoT (Internet of Things) for predictive maintenance. It offers predictive software, fault symptoms analysis, optimization of the maintenance process, and a checklist for insights that enables manufacturing companies to eliminate breakdowns in their production. The company was founded in 2018 and is based in Aalborg, Denmark.
Industrial Analytics develops artificial intelligence solutions evaluating data for predictive maintenance and providing recommendations for action. It offers internet of things-enabled vibration monitoring, artificial intelligence(AI)-assisted event management, explainable AI, and optimization. The company serves the energy, chemicals, oil and gas, utilities, and industrial sector. Industrial Analytics was founded in 2017 and is based in Berlin, Germany. Industrial Analytics was acquired by Infineon Technologies.
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