Apex.Ai raises $15.5 million in Series A Funding

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Apex.AI is emerging from stealth now with quite the promise — a working platform for autonomous vehicles which won’t ever fail. Founded by long-time automatic systems engineers Jan Becker and Dejan Pangercic,Apex.AI develops operating systems for a variety of kinds of autonomous freedom platforms.

Now, Apex.AI can be announcing a $15.5 million Series A round led by Canaan with involvement from Lightspeed Venture Partners, which invested in Apex.AI’s seed around.

Apex.AI’s program stack is designed to easily integrate into existing systems and function as the business edition of the Robot Operating System, an open-source program middleware for robotics.

“Most firms have experience building customer applications, but maybe not a great deal of expertise, people or resources to focus on safety-critical procedures,” Becker told. “We built a framework which permits programmers which aren’t seasoned building secure and safe systems to do precisely that.”

So as to never neglect, Apex.AI has assembled redundancies into the system to guarantee single failures do not lead to system-wide failures.

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“We go through each line of code and also ensure safety-critical procedures get the total amount of compute time required to perform,” Becker explained.

Apex.AI is application agnostic, meaning that this may be utilized in most autonomous systems — ranging from automobiles to drones to flying taxis.

Apex.AI competes with the likes of Renovo, that earlier this year introduced AWare OS made for Level 4 autonomous driving.

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“What excited us around Apex is that they are solving an actual problem,” Canaan spouse Rayfe Gaspar-Asaoka informed. “Now that we’ve got the ideal technological bits set up, how can we transfer this by R&D into mass manufacturing — entirely self-driving vehicles for the average user to use. As that occurs, the number one issue is how can we make sure that this automobile within this system operates 100 percent of their time. Safe and dependable all the time.”

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