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Foresight: Eye-Net Secures $2.75 Million Investment Reflecting $45 Million Valuation

Provided By GlobeNewswire

Last update: Mar 11, 2025

Ness Ziona, Israel, March 11, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that it and its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), 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.

Read more at globenewswire.com

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