QIA and the Abu Dhabi Investment Council have backed Applied Intuition in a $600M Series F round that values the autonomous systems software company at $15B. This comes just a year after its $250M Series E at $6B.
The round was co-led by BlackRock and Kleiner Perkins, with participation from Greycroft, Bond, General Catalyst, Lux, and others.
Founded in 2017 by Qasar Younis, a former Partner and COO of Y Combinator, Applied Intuition builds simulation and data infrastructure for autonomous vehicles, working with automakers, AV players like Gatik and Kodiak, and increasingly, defence agencies.
The company recently helped the U.S. Army autonomise an infantry vehicle in just 10 days.
Qasar was recently on Jack Altman’s podcast, which you can watch below.
