- Applied Intuition secures $600 million in Series F funding and secondary share sale, reaching a valuation of $15 billion.
- The round is led by BlackRock and Kleiner Perkins, with participation from Qatar Investment Authority, Abu Dhabi Investment Council, Franklin Templeton, and others.
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Funds will be used to scale product development, grow global teams, and expand innovations in AI and defense tech.
Applied Intuition, a U.S.-based vehicle intelligence company, has raised $600 million in a Series F funding round and secondary share sale, pushing its valuation to $15 billion.
The round was led by BlackRock and Kleiner Perkins, with participation from major global investors including Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest, Stripes, Greycroft, BAM Elevate, and 137 Ventures. Existing investors such as Fidelity Management, General Catalyst, Lux Capital, BOND, Elad Gil, Addition, and Tribe Capital also joined the round.
The newly raised capital will support Applied Intuition’s next growth phase, focusing on expanding its product offerings and scaling its global workforce.
This fundraising comes just over a year after the company secured $250 million in a Series E round. Since then, Applied Intuition has maintained strong momentum, introducing advanced AI-powered products and forming strategic partnerships with companies like OpenAI, TRATON, Isuzu, Porsche, and Audi.
The company also launched a product suite for autonomous off-road vehicles, acquired defense tech firm EpiSci, and introduced new defense solutions Axion and Acuity, while also expanding operations with new offices in the United Kingdom.
Qasar Younis, Co-founder and CEO of Applied Intuition, commented:
“We’re entering a new chapter. Our goal is to bring intelligence to every moving machine—from cars and trucks to drones and industrial systems. AI will power everything.”
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