# Apex.AI x ZF Group Strategic Investment: partnership

Canonical ID: `ba7a1931-ad21-4e5e-9892-9f3659c952de`

ZF Friedrichshafen acquired a 5 percent stake in Apex.AI as part of a 56.5 million Series B funding round. ZF invested to expand the market for Apex.AIs operating system beyond automotive into agriculture robotics and IoT applications.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Apex.AI](https://registry.deploy.report/companies/apex-ai.md) technology provider
- ZF Group _(off-registry)_ investor partner

## Sources (1)

1. https://techcrunch.com/2021/12/14/mobility-software-startup-apex-ai-lands-supplier-giants-continental-zf-as-investors/


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