Business2 sources
Sources: self-driving simulation software maker Applied Intuition is in talks to raise at least $1.5B led by General Catalyst at a ~$30B pre-money valuation (Bloomberg)
Techmeme ·
The Brief · written from 2 sources
- Applied Intuition is in talks to raise at least $1.5B in a new funding round.
- General Catalyst is reported to lead the round at a pre-money valuation of about $30B.
- Sources cited by Bloomberg describe Applied Intuition as a self-driving simulation software maker and defense contractor.
Why it matters
A round of this size at this valuation signals strong investor confidence in autonomous vehicle simulation and defense-related tooling, which may affect competition and funding in the sector. The deal is not yet closed, so terms could change.
- #funding
- #autonomous-vehicles
- #simulation
- #defense
- #venture-capital
Bloomberg : Sources: self-driving simulation software maker Applied Intuition is in talks to raise at least $1.5B led by General Catalyst at a ~$30B pre-money valuation — Applied Intuition Inc., a defense contractor developing technology for autonomous vehicles, is in talks…
Timeline
Bloomberg reports Applied Intuition is in talks to raise at least $1.5B led by General Catalyst
Bloomberg Technology
Applied Intuition In Talks to Raise $1.5 Billion at $30 Billion Value
Techmeme
Sources: self-driving simulation software maker Applied Intuition is in talks to raise at least $1.5B led by General Catalyst at a ~$30B pre-money valuation (Bloomberg)
Full coverage · 2 sources
- 58 min ago ↗
Techmeme
Sources: self-driving simulation software maker Applied Intuition is in talks to raise at least $1.5B led by General Catalyst at a ~$30B pre-money valuation (Bloomberg)
- 1h ago ↗
Bloomberg Technology
Applied Intuition In Talks to Raise $1.5 Billion at $30 Billion Value