Thursday, May 19, 2022
HomeRoboticsApex.AI receives strategic funding from Daimler Truck

Apex.AI receives strategic funding from Daimler Truck


Take heed to this text

Voiced by Amazon Polly
Apex.ai car

Apex.AI, who just lately obtained an funding from Daimler Truck, develops purposes for autonomous autos. | Supply: Apex.AI

Apex.AI, a developer of software program for autonomous purposes, introduced that it obtained a strategic minority funding from Daimler Truck. With greater than 40 areas, Daimler Truck is among the largest industrial car manufacturing firm on this planet. 

Earlier traders within the firm embrace Toyota Ventures, Volvo Group Enterprise Capital, InMotion Ventures, Airbus Ventures, Continental AG, 2F, AGCO and HELLA Ventures. 

Apex.AI provides a set of automotive software program options. The corporate’s Apex.OS is an end-to-end working system for autonomous autos. The system abstracts complexity of underlying {hardware}, middleware, kernel, interfaces and drivers into protected and safe APIs. It’s based mostly on ROS 2 and gained an RBR50 Robotics Innovation Award in 2020.

“This strategic funding from Daimler Truck demonstrates its forward-thinking nature by making certain that our scalable purposes proceed to drive software program outlined car improvement for the complete business,” Jan Becker, the co-founder and CEO of Apex.AI, mentioned. “Our highly effective options are purposely designed with simplicity in thoughts. That’s the method that’s altering the way in which corporations in a variety of industries develop their future car applied sciences.”

In December 2021, Apex.AI closed its Collection B funding spherical with $56.5 million raised. The spherical was led by Orillion. In complete, the corporate has raised $74 million because it was based in 2017. 

Becker was just lately on The Robotic Report Podcastwhich brings conversations with robotics innovators straight to you. Becker mentioned the software program and working system wants for autonomous autos and the way Apex.AI contributed to the success of the latest Autonomous Problem on the CES autonomous racing occasion. 

RELATED ARTICLES

Most Popular

Recent Comments