Series A · Mobility
IVEX raises €5m Series A for automotive safety analysis
Existing investors The Faktory and Dedicated.lu participated as IVEX expands engineering and international operations.
IVEX raised €5 million in Series A financing from existing investors The Faktory and Dedicated.lu, alongside private investors.
The company’s software analyzes camera, sensor and vehicle data to assess driver-assistance and autonomous-driving systems. It compares road conditions with what a vehicle displays and how it responds, helping engineers review on-road safety tests. Funding will deepen NCAP protocol coverage, scale data processing and support expansion in North America and Asia.
Use of funds
Deepen NCAP protocol coverage and scale data processing
Expand in North America and Asia
Funding history
Series A · This round€5M