Tech Company Financing Transactions

Applied Intuition Funding Round

Applied Intuition, based in Sunnyvale, secured $250 million from private investors, Porsche Ventures and Andreessen Horowitz.

Transaction Overview

Company Name
Announced On
3/12/2024
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Series E
Investors

private investors (Lead Investor) (Bilal Zuberi)

private investors (Lead Investor) (Elad Gil)

Porsche Ventures (Lead Investor)

Andreessen Horowitz (Marc Andreessen)

General Catalyst

Human Capital

private investors (Henry Kravis)

private investors (John Quinn)

private investors (Mary Meeker)

private investors (Mustafa Suleyman)

private investors (Nico Rosberg)

private investors (Ray Dalio)

Proceeds Purpose
The company intends to use the funds to make investments in generative AI.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
157 S Murphy Ave.
Sunnyvale, CA 94086
USA
Phone
Undisclosed
Email Address
Overview
At Applied Intuition, Inc. (Applied), we are building advanced simulation and infrastructure tools for the autonomous vehicle industry. Our goal is to allow companies pursuing AV technology (both Silicon Valley startups and traditional OEMs) to accelerate their software development process while ensuring that their AV products are safe for consumers.
Profile
Applied Intuition LinkedIn Company Profile
Social Media
Applied Intuition Company Twitter Account
Company News
Applied Intuition News
Facebook
Applied Intuition on Facebook
YouTube
Applied Intuition on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Qasar Younis
  Qasar Younis LinkedIn Profile  Qasar Younis Twitter Account  Qasar Younis News  Qasar Younis on Facebook
Chief Technical Officer
Peter Ludwig
  Peter Ludwig LinkedIn Profile  Peter Ludwig Twitter Account  Peter Ludwig News  Peter Ludwig on Facebook


 

 

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