Applied Intuition Negotiates New Funding, Valuation May Reach $30 Billion

Applied Intuition, a company specializing in autonomous driving and automation technology, is in talks for a new funding round led by General Catalyst, aiming to raise at least $1.5 billion, with a pre-money valuation of approximately $30 billion, doubling its valuation from June 2025. General Catalyst plans to invest $250 million. The company expects revenues to exceed $560 million in fiscal year 2026 and total revenues to surpass $1 billion in 2027. Founded in 2017, Applied Intuition focuses on developing automation operating systems and autonomous driving technologies for industries such as construction, transportation, and defense.

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