# Aurora Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aurora-labs

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.auroralabs.com
- Total disclosed funding: $97M
- Latest round: Series C (Jul 7, 2022)
- Investors on record: 11

## About

Aurora Labs Ltd develops LOCI, an AI-driven platform that enhances observability and performance intelligence for compiled binary files, enabling organizations to optimize software in real-time during development.Founded in 2016, Aurora Labs Ltd is based in Tel Aviv, Israel, and specializes in performance analysis for compiled binaries. The company has successfully completed five funding deals, with the most recent being a AUD 1 million Grant from the Australian Government Department of Defence on June 11, 2024, bringing the total capital raised to AUD 63 million. The company is led by CEO Zohar Fox, who, along with co-founder Ori Lederman, has focused the firm on innovative AI solutions.Aurora Labs primarily offers LOCI, an AI-powered observability and performance intelligence platform designed specifically for compiled binary files. LOCI leverages its proprietary Large Code Language Model (LCLM) for advanced static and dynamic analysis without needing source code. Key features include real-time monitoring, performance degradation prediction, and root cause analysis, which assist organizations in optimizing their software pre-deployment. LOCI caters to various industries, including embedded systems and data centers, and serves clients across North America, Europe, and Asia.Aurora Labs generates revenue through a subscription model associated with its LOCI platform, allowing organizations to maintain continuous access to its performance intelligence services. This model primarily involves B2B transactions, where clients integrate LOCI into their CI/CD pipelines for real-time feedback and optimization. Although specific pricing plans are not publicly disclosed, the service aims to reduce operational costs related to downtime and post-deployment issues, bolstered by partnerships within the technology sector, reflecting Aurora Labs' commitment to performance management.In June 2024, Aurora Labs Ltd raised AUD 1 million of grant funding, which will be utilized to produce advanced experimental metal alloys using the company’s proprietary Laser Powder Bed Fusion (LPBF) technology. The company is focused on expanding its product offerings and aims to launch new features for LOCI, with the goal of enhancing its capabilities for existing users. Furthermore, Aurora Labs plans to enter new markets in Asia and Europe by the end of 2025, further diversifying its client base and leveraging its innovative technologies.

## Funding rounds

- Series C, Jul 7, 2022, $63M — Colmobil Group, Porsche Automobil Holding, Moore Strategic Ventures
- Series B, Sep 22, 2020, $23M — Toyota Tsusho, Porsche Automobil Holding, UL Ventures, LG Technology Ventures
- Series A, Jul 11, 2018, $8.4M — FM Capital, MizMaa Ventures
- Seed, Nov 30, 2017, $2.7M — Expansion Venture Capital, Maniv Mobility, Trucks Venture Capital, MizMaa Ventures

## Investors

- Expansion Venture Capital (https://capitalatlas.ai/funds/expansion-venture-capital) — Seed
- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Seed
- Trucks Venture Capital (https://capitalatlas.ai/funds/trucks-venture-capital) — Seed
- MizMaa Ventures (https://capitalatlas.ai/funds/mizmaa-ventures) — Seed, Series A
- FM Capital (https://capitalatlas.ai/funds/fm-capital) — Series A
- Toyota Tsusho — Series B
- Porsche Automobil Holding — Series B, Series C
- UL Ventures (https://capitalatlas.ai/funds/ul-ventures) — Series B
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series B
- Colmobil Group — Series C
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series C