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New Deal


Announced

Completed

InMotion Ventures, Volvo Group, and HELLA Ventures completed an investment in Apex.AI.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Tags

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Private

artificial intelligence software

Single Bidder

artificial intelligence

software solutions

Minority

Completed

Acquisition

Venture Capital

Friendly

United States

Software

Private Equity

Synopsis

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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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