- Applied Intuition raises USD 600M Series F with backing from QIA, ADIC, and global investors to scale vehicle intelligence tools.
- The funding will support AI-powered platforms for cars, trucks, and drones, expanding the company’s product line and global presence.
- Founded in 2017, Applied Intuition builds software stacks and operating systems that accelerate the development of autonomous and intelligent vehicles.
Applied Intuition
What happened? US-based Applied Intuition Inc, vehicle intelligence company, closed a USD 600 million Series F round. Investors in the round included Qatar Investment Authority (QIA) and Abu Dhabi Investment Council (ADIC). Other investors include Franklin Templeton, Premji Invest, Stripes, Greycroft, BAM Elevate, and 137 Ventures, and Fidelity Management & Research Company. General Catalyst, Lux, BOND, Elad Gil, Addition, and Tribe Capital.
What is next? The firm aims to use the fresh funding to propel the company into its next phase of vehicle intelligence. It also aims to expand its products and grow its global team.
“We’re scaling up our investments in bringing intelligence into every moving machine. Everything from cars and trucks to drones and factories will be powered by AI, and our mission is to connect AI with the physical world it will transform,” said Qasar Younis, co-founder and CEO of Applied Intuition.
Vehicle Intelligence
Who are they? Founded in 2017, Applied Intuition delivers the toolchain, Vehicle OS and autonomy stacks to help customers build intelligent vehicles and shorten time to market. Furthermore, the firm services the automotive, trucking, construction, mining and agriculture industries.
This round comes one year after closing its series E round in March 2024. Since then, the company has focused on AI innovations, product launches, and partnerships. These include partnerships with OpenAI, TRATON, Isuzu, Porsche and Audi. Since then, the firm also released its off-road autonomy stack and set up offices in the United Kingdom.
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