Foresight Autonomous Holdings Ltd. and its wholly‑owned subsidiary Eye‑Net Mobile Ltd. closed a $3 million equity investment that gives the investors a 5.17 % stake in Eye‑Net and values the company at $55 million pre‑money. The deal includes antidilution protection that applies if a down‑round occurs within one year, with a floor valuation of $30 million.
The transaction also issued Series A and Series C warrants. The Series A warrants allow the investors to purchase up to 1,714,286 American Depositary Shares at an exercise price of $0.02 per share, while the Series C warrants cover up to 1,036,866 ADSs at $2.7125 per share. Both warrant series are exercisable until November 30, 2027, giving the investors a total of 2,751,152 ADSs that can be exercised over a 120‑day period.
Eye‑Net will deploy the proceeds to fund working capital and general corporate purposes, with a focus on advancing its V2X collision‑prevention platform and expanding into automotive and industrial drone markets. The investment follows a 99 % detection rate achieved in French urban mobility trials in Bordeaux, a milestone that underpins the company’s valuation jump from $45 million pre‑money in March 2025 to $55 million today.
Foresight’s own financials provide context for the significance of the infusion. In the year ended December 31, 2024, the company generated $436,000 in revenue, recorded a GAAP net loss of $11.1 million, and closed the year with $7.2 million in cash. The $3 million investment therefore strengthens the group’s liquidity and supports ongoing strategic partnerships, including a $5 million industrial‑drone project with Big Bang Boom Solutions and a rail‑transit agreement with Zhejiang StreamRail that could generate up to $12 million in revenue by 2029.
The higher valuation and fresh capital signal growing investor confidence in Eye‑Net’s technology and market traction. The 99 % detection rate in real‑world trials, combined with the company’s expansion into new verticals, positions Eye‑Net to capture a larger share of the V2X and industrial‑drone markets. For Foresight, the deal represents a tangible step toward scaling its portfolio and improving its balance sheet, while also setting the stage for future funding rounds as the company continues to pursue high‑growth mobility and industrial opportunities.
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