Apex.AI Secures Funding from JLR, Hella and Volvo Trucks
Silicon Valley-based Apex.AI, which is developing an operating system for autonomous vehicle systems, says it has completed a new funding round that includes unspecified investments from Jaguar Land Rover, Hella and Volvo Trucks.
The startup, which was founded in 2017, previously has attracted investments from Airbus, Canaan Partners, Lightspeeed Ventures and Toyota. Apex plans to use the new funds to launch its flagship operating system next year for automotive applications, and to further develop other products.
In addition to the auto industry, Apex is working on systems for aerospace, commercial vehicle and robotics applications.
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