CorrActions raises $7.25 million

Israeli startup CorrActions has raised $7.25 million in Series A funding led by Volvo Cars Tech Fund, with participation from BlackBerry, Next Gear Ventures, Mobilitech Capital, Regah Ventures, OurCrowd, NextLeap Ventures, and Stone Ventures.

Founded in 2019, CorrActions developed a software that analyzes motion for the sake of monitoring drivers. The startup claims that its software can detect abnormalities in the cognitive state of drivers and passengers, based on micro muscle movements that reflect brain activity. The software detects motion from sources like the steering wheel, in-cabin radars, seats, and other devices.

“With the support of our strategic investors, including Volvo Cars and BlackBerry, we are poised to further drive the adoption of our solution in production vehicles. By detecting abnormalities in drivers’ and passengers’ cognitive states, we aim to significantly enhance road safety and revolutionize the driving experience.” – CorrActions CEO Ilan Reingold.