Apex.AI raises $56.5M Series B round

Dec 14, 2021 · Funding · Apex.AI · Development Platform

Apex.AI raised a $56.5 million Series B led by Orillion to expand safe autonomous-vehicle and smart-machine software development.

Apex.AI company media
Company media · Apex.AI
  • Orillion led the round, with ZF, Continental, AGCO, Jaguar Land Rover InMotion Ventures, Airbus Ventures, Toyota Ventures, HELLA Ventures and Volvo Group Venture Capital participating.
  • Apex.AI said Apex.OS was being used beyond autonomous vehicles across ADAS, vehicle gateway, in-cabin sensing and powertrain applications.
  • The company said the funding would accelerate product development and expansion into agriculture, smart machines, industrial automation, IoT and aerospace.

Apex.AI develops safety-oriented software development kits and tools for software-defined vehicles and autonomous machines. Its stack brings deterministic, production-grade communication, application frameworks and engineering workflows to complex embedded systems. Automotive, industrial, defence and robotics teams use the technology to separate application development from hardware and accelerate certified deployment.