UVeye Secures $191 Million to Accelerate AI-Powered Vehicle Inspection Expansion

The Israeli startup plans to deploy hundreds of systems globally in 2025, leveraging AI and computer vision for advanced vehicle inspections.

UVeye raised $191 million in funding, including $41 million in equity led by Toyota's Woven Capital and $150 million in debt structured by Trinity Capital.
The company’s AI-driven vehicle inspection systems, described as an 'MRI for cars,' can detect exterior, structural, mechanical, and tire defects within seconds.
UVeye plans to deploy nearly 700 inspection systems in 2025, expanding its reach in dealerships, fleets, rental services, manufacturing lines, and seaport inspections.
The technology originated as a security tool for border crossings but has evolved to support car manufacturers, dealerships, and commercial fleets with automated inspections.
Strategic partnerships include collaborations with Amazon, CarMax, General Motors, and Volvo, while the new funding will also deepen ties with Toyota through its Certified Equipment Program.