Ivex, a Heverlee, Belgium-based startup that develops testing and validation tools for Autonomous Driving and Driver Assistance Systems (AD/ADAS), raised a seed funding round of undisclosed amount.
PMV, SPDG, The Faktory Fund, Noshaq, and Dedicated participated in this round.
The company intends to use the funds to expand operations and its business reach.
Founded in 2018 by CEO Mario Torres and CTO Hoang Tung, Ivex provides an open data analytics software platform that improves testing and validation of AD/ADAS systems and their safety by identifying edge-cases in very large datasets, categorizing driving scenarios. The system can be connected to existing toolchains from customers and its runtime validation software.
Customers are spread from the US, EU, and Asia.
FinSMEs
23/02/2023