Applied intuition increases $ 600 million while it grows further in defense

The Buzzy autonomous vehicle software company applied intuition farm A Funding Tour of the F series of $ 600 million, pushing its valuation up to $ 15 billion.

The round was co-directed by funds managed by Blackrock and Kleiner Perkins, and included new investments by Qatar Investment Authority, Abu Dhabi Investment Council, Graycroft, etc. The existing investors General Catalyst, Lux, Elad Gil and the obligation of the growth fund of Mary Meeker also participated.

The increase in applied intuition comes just one year after completing an E series of $ 250 million, which put the business to an assessment of $ 6 billion. The company manufactures software that helps companies and government agencies to develop autonomous vehicle solutions. This includes simulation software and data management.

“When they think like:” I have this problem of software or AI “, we generally want them to think of us,” CEO Qasar Younis told Techcrunch last year. “As we want to be this first call.”

Applied Intuition works with most of the main car manufacturers, as well as autonomous vehicle companies such as Gatik and Kodiak.

The company has also increased more and more in the defense space. In his newsletter announcing the financing cycle, an intuition applied that the US military asked to help Autonomous tech to some of their vehicles. The company was able to take a “nudes” infantry squad vehicle in autonomous in just 10 days. This included the development of an “pedal thrust robot to physically turn the wheel and press the accelerator and brake pads”.