The Microsoft-backed driverless car training platform was valued at $1.25bn in a round co-led by VC firms Andreessen Horowitz, Lux Capital and General Catalyst.
Applied Intuition, a US-based autonomous vehicle software developer backed by software provider Microsoft, has received $125m in a series C round co-led by Lux Capital, Andreessen Horowitz and General Catalyst.
The company did not reveal the identity of any participant apart from the three venture capital firms but said the round was fully funded by existing investors. The cash was raised at a $1.25bn valuation, two sources with knowledge of the deal told Forbes.
Founded in 2017, Applied Intuition provides…
