Palo Alto California based Apex.AI is raising $58,500,000.00 in New Equity Investment.
Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, Apex.AI is raising $58,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jan Becker played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Apex.AI
Apex.AI is a Palo Alto, Berlin, Munich and Stuttgart-based company that is developing breakthrough safe, certified, developer-friendly, and scalable software for mobility systems. Our software products are based on proven open-source software, such as ROS or Eclipse iceoryx, so that we don’t spend time redeveloping what already works. Instead, we fork software that has been developed and proven in use by large developer communities. We then add what is missing: Functional safety, flawless performance, and support for application in commercial and safety-critical products. In order to do so, we have developed a proprietary process to rework open-source software in record time such that it conforms to the highest requirements of the applicable functional safety standard. Distinguished by our experienced and agile team, we bring in the right pedigree: Expertise in modern software engineering to build software that scales to massive systems, leading know-how in software functional safety to make software reliable, experience bringing software to market so that we know what to takes to build actual products, and twenty-plus years of experience building autonomous systems so that we can take the perspective of our customers and know their needs. We launched our award-winning first product Apex.OS after three years in 2020 and have taken it through certification in record time for launch in 2021. We have more in the pipeline to revolutionize the use of software in the automotive industry. Stay tuned.
To learn more about Apex.AI, visit http://www.apex.ai/
Contact:
Jan Becker, Chief Executive Officer
650-283-4035
jan@apex.ai
https://www.linkedin.com/in/janbecker23/
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