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New Deal


Announced

Completed

Orillion led a $57m Series B round in Apex.AI.

Financials

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Transaction Value£42m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software

Friendly

Completed

United States

Minority

Private Equity

Software

Private

Single Bidder

Cross Border

Acquisition

Synopsis

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Orillion, an investment firm, led a $57m Series B round in Apex.AI, a software for autonomous mobility. Additional investors included ZF, Continental, AGCO, Jaguar Land Rover’s InMotion Ventures, Airbus Ventures, Toyota Ventures, Hella Ventures, Volvo Group Venture Capital, Canaan and Lightspeed. "We have great support from industry partners who have a concrete problem to solve and understand we are providing an efficient, safe, reliable solution. In addition, financial investors see an overall industry trend toward efficient and sustainable software for mobility applications. We couldn’t be happier with our amazing community of partners and customers supporting us after just four years!" Jan Becker, Apex.AI CEO.

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