Applied Intuition raises $125M Series C
Applied Intuition raised a $125 million Series C funded equally by Lux Capital, Andreessen Horowitz and General Catalyst.
Evidence notes
- The round brought total capital raised to slightly more than $175 million.
- Bilal Zuberi of Lux Capital joined the board.
- The financing supported product expansion, a stronger global footprint and customer support.
Company context
Applied Intuition develops simulation, validation and autonomy-development software for intelligent machines. Its public profile spans automotive, defence, trucking, agriculture, construction and mining systems.