Apex.AI Raises Funding Round

apexApex.AI, a Palo Alto, California-based autonomous mobility software company, received a funding round of undisclosed amount. 

The amount of the deal was not disclosed.

Backers included Volvo Group Venture Capital, Hella Ventures, and Jaguar Land Rover’s venture capital arm InMotion Ventures.

The investment will enable the development of a safety-certified software framework for autonomous systems.

Founded in 2017, Apex.AI is building an automotive-grade version of ROS (Robot Operating System), an established open source software framework commonly used in robotics and autonomous systems research. By providing a safer and reliable version of ROS that will be certified according to the functional safety standard ISO 26262, the company enables companies to take their autonomous vehicle projects into production.

The product will launch to the automotive market early 2020 and subsequently expand to other safety-critical autonomous systems, such as industrial robotics and aerospace.



Join the discussion