Applied Intuition Accelerates with $250M Series E Funding

Applied Intuition, a vehicle software supplier, secures $250M in Series E funding, reaching a $6 billion valuation. Led by Lux Capital and Porsche Investments Management, the company plans to invest in generative AI to revolutionize vehicle software development. With a focus on ADAS and AD solutions, Applied Intuition aims to drive the global transportation industry forward with cutting-edge technology. Founded in 2017, the company has already established itself as a key player in industries such as automotive, trucking, construction, mining, agriculture, and defense. With a strong presence in Silicon Valley and global operations, Applied Intuition is poised for continued growth and innovation in the evolving AI landscape.