Announced
Completed
Financials
Sources
Tags
Private
artificial intelligence software
Single Bidder
artificial intelligence
software solutions
Minority
Completed
Acquisition
Venture Capital
Friendly
United States
Software
Private Equity
Synopsis
Volvo Group Venture Capital, HELLA Ventures, and Jaguar Land Rover’s venture capital arm InMotion Ventures completed an investment in Apex.AI, a software services provider. Financial terms were not disclosed. Existing investors include Lightspeed Venture Partners, Canaan Partners, Toyota AI Ventures and Airbus Ventures. "It’s a testament to our work to have InMotion Ventures invest in our company. InMotion’s strategic investment will accelerate the development of Apex.OS, enabling Apex.AI’s customers to meet aggressive timelines in taking R&D projects into certified products,” Jan Becker, Apex.AI CEO and Co-Founder.
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