Buzzy autonomous vehicle software company applied intuition Closed A $ 600 million series F and the tender proposal, increased its evaluation by $ 15 billion.
The era was co-in-thewet by the Blackrock-related funds and Clener Perkins, and included new investment of Qatar Investment Authority, Abu Dhabi Investment Council, Grachroft and more. The growth fund bond of current investor General Catalist, Lux, Allad Gill and Mary Mekar also participated.
Applied intuition growth comes exactly one year after completing $ 250 million series E, which evaluated the company $ 6 billion. The company makes software that helps companies and government agencies to develop autonomous vehicle solutions. Which includes simulation software and managing data.
“When they think, ‘I have this software or AI problem,’ we usually want them to think of us.” “Like we want to make that first call.”
Applied intuition works with most major vehicle manufacturers with autonomous vehicle companies such as Gatik and Kodiak.
The company has also pushed into a rapid defense place. In its newsletter announcing the funding round, applied intuition shared that it was asked to help bring by the US Army. Autonomous technology for some of its vehiclesThe company was able to take the vehicle of a pedestrian squad autonomously from “bare bones” in just 10 days. This included “the pedal-pushing robot involved to turn the wheel physically and to press the throttle and brake pads.”
Correction: This article was updated to include that the implemented $ 600 million series F and tender offers were discontinued. The original article did not include a tender proposal.