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Apex.AI receives strategic funding from Daimler Truck

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Apex.AI, who not too long ago acquired 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 acquired a strategic minority funding from Daimler Truck. With greater than 40 areas, Daimler Truck is likely one of the largest business automobile manufacturing firm on this planet. 

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

Apex.AI presents a collection 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 secure 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 guaranteeing that our scalable purposes proceed to drive software program outlined automobile improvement for all the trade,” Jan Becker, the co-founder and CEO of Apex.AI, stated. “Our highly effective options are purposely designed with simplicity in thoughts. That’s the method that’s altering the way in which firms in a variety of industries develop their future automobile applied sciences.”

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

Becker was not too long ago 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. 

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