Applied Intuition has secured $600 million in a Series F funding round, boosting its valuation to $15 billion. Led by BlackRock and Kleiner Perkins, the round attracted notable investors like the Qatar Investment Authority and Abu Dhabi Investment Council. This funding follows a previous $250 million Series E raised just a year prior. Applied Intuition specializes in software solutions for autonomous vehicles, offering simulation tools and data management. Recently, they expanded into defense, assisting the U.S. Army in automating vehicles in a remarkably short timeframe.
Applied Intuition, a leader in autonomous vehicle software, has successfully closed a $600 million Series F funding round, elevating its valuation to $15 billion.
The recent funding round, co-led by BlackRock-managed funds and Kleiner Perkins, signifies the growing investor interest in autonomous vehicle technologies and software.
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