Silexica raises USD18 million to push software development for autonomous vehicles
Company plans to use the funding to further develop its SLX tools and solutions as well as for creating a new simulation platform
Silexica has raised USD18 million in Series B financing round, the Germany-based software start-up said in a press release last week. The latest funding round was led by EQT Venture Fund and was participated by Silexica’s existing investors Merus Capital, Paua Ventures, Seed Fonds Aachen and DSA Invest. Silexica had raised USD8 million in Series A funding round in November 2016, led by Merus Capital and Paua Ventures.
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