"A software platform used by electronic-chip designers to add ""Functional Safety"" to their chips to meet the highest safety requirements of the Automotive Functional Safety standard ISO-26262, ASIL-D"

ended

Autonomous Driving (AD) is going to improve the lives of millions of people in Europe and worldwide. One of the key challenges in AD is Functional Safety, or FuSa for short. FuSa is about ensuring that all electronic systems controlling the car do not malfunction, and even when they do, the malfunction is detected fast enough to allow the system to resolve it like activating a backup system. The automotive industry, has put in place an international standard, ISO-26262 Functional Safety standard. The market of FuSa and ISO-26262 solutions is an emerging market in high growth phase. Optima has been developing FuSa technologies for ICs since 2014. Our SafeCHIP platform includes 3 products, which are used by chip-designers to build the FuSa features into their chips. SafeCHIP is a game changer as it solves all challenges faced by these chip-designers using specialized algorithms, built especially for these challenges: (1) fault-simulation capacity/speed, (2) soft-error solution, (3) hard-error solution and (4) auto insertion of on-the-fly Safety-Mechanism Our technologies are protected by a strong 5 patents portfolio. They virtually has no competitors, that match their capabilities in the market. Our products have been successful in evaluation/POC (Proof Of Concept) process with key player in the market (ARM, UK) with amazing results, we showed performance results of over 30,000 times faster than existing solutions and where able to get them to ASIL-D. As a startup, all our commitment and the team’s are aligned behind the success of this project. The approval of this proposal, will allow us to scale the company from RnD-focused company with strong technology, to scale it into full company with Marketing and Sales offices and partners in EU and US. With the grant, we expect to break-even in 2021 with revenues of 6.5M EUR, and 18M EU in 2022