Applied Intuition raises USD 250M Series E

Mar 12, 2024 · Funding · Applied Intuition · Development Platform

Applied Intuition raised USD 250 million in Series E financing at a USD 6 billion valuation for vehicle software and AI capabilities.

Applied Intuition company media
Company media · Applied Intuition
  • The round was led by Lux Capital, Elad Gil and Porsche Investments Management.
  • The financing supported generative AI and vehicle software products for automotive, trucking, construction, mining and agriculture customers.
  • The capital supports industrial automation, construction or production workflows as Applied Intuition moves toward broader commercial use.

Applied Intuition develops simulation, validation and autonomy-development software for intelligent machines. Its public profile spans automotive, defence, trucking, agriculture, construction and mining systems.