The M12-backed driving software technology provider reached a $3.6bn valuation in a series D round pushing its total funding past $350m.

Applied Intuition, a US-based developer of autonomous vehicle development software that counts computing technology provider Microsoft as an investor, has secured $175m in series D funding at a valuation of $3.6bn.

The round was co-led by Addition Capital, Coatue Management and Elad Gil, with participation from fellow private investor Semil Shah, Andreessen Horowitz, General Catalyst and Lux Capital. It took the company’s total funding to more than $350m.

Founded in 2017, Applied Intuition provides software to help test and develop…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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