Announced
Completed
Financials
Sources
Tags
software
Friendly
Completed
United States
Minority
Private Equity
Software
Private
Single Bidder
Cross Border
Acquisition
Synopsis
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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