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May 5, 2022 2:47 PM, EDT

Apex.AI Gains Minority Investment From Daimler Truck

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Software developer Apex.AI announced Daimler Truck made a minority investment in the company.

The amount was not disclosed.



“Our powerful solutions are purposely designed with simplicity in mind. That’s the approach that’s changing the way companies in a wide range of industries develop their future vehicle technologies,” Jan Becker, co-founder and CEO of Apex.AI, said in a release.

Apex.OS makes programming for a vehicle or robot almost as easy as programming a phone, the company noted, adding the operating system has earned the highest safety certifications in the industry, including product certification from German testing organization TÜV Nord and the highest level of automotive software safety ISO 26262 ASIL-D. Passing these rigorous testing programs means that the software system is approved for serial production.

With this investment, Daimler Truck joins an array of previously announced strategic investors, including Toyota Ventures, Volvo Group Venture Capital, Jaguar Land Rover’s InMotion Ventures, Airbus Ventures, Continental AG, ZF, AGCO and HELLA Ventures, according to the Palo Alto, Calif.-based company reported. — Transport Topics

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