Mobility Software Startup Lands Major Series B Investors
Client and autonomous vehicle technology developer Apex.AI has secured $56.5 million in Series B funding from a wide variety of impressive investors. Led by Orillion, the venture round also included participation by AGCO, Canaan, Lightspeed Venture Partners, Airbus Ventures, Jaguar Land Rover’s InMotion Ventures and others.
Apex.AI is a Palo Alto, Berlin, Stuttgart, and Munich-based company developing breakthrough safe, certified, developer-friendly, and scalable software for mobility systems. The company’s flagship product is Apex.OS, a robust and reliable meta-operating system that enables faster and easier software development for vehicles and safer autonomous driving solutions. Apex.AI will use the funds to scale the business and expand into markets adjacent to the automotive industry including agriculture, mining, industrial automation and internet of things (IoT).