
Vehicle software startup Applied Intuition has closed a more than $300 million secondary deal from investors including Fidelity, General Catalyst, and Mary Meeker's Bond. The company, which builds world-class software for the automotive industry, announced the funding round and welcomed Fidelity as a new investor. Lux Capital continues to be a major partner in every financing. The deal values Applied Intuition at $6 billion. This funding comes just four months after the company raised $250 million in a Series E round. Katie Roof's exclusive quoted Mary Meeker on why she’s investing.
Applied Intuition raises $300M four months after raising $250M: Autonomous vehicle software startup Applied Intuition has raised $300 million just four months after closing a $250 million Series E round, yet another sign of how… https://t.co/uWUyTlPRrO #AI #AInews #AItips
Applied Intuition raises $300M four months after raising $250M https://t.co/1oqsgbyV9Y
Exclusive on Applied Intuition’s $300m tender offer at its $6B valuation. Quoted Mary Meeker on why she’s investing: https://t.co/yHqacYLnq1
