In a landmark moment for Pakistani-founded innovation, Applied Intuition, a U.S.-based vehicle intelligence company co-founded by Pakistani-American entrepreneur Qasar Younis, has raised $600 million in its Series F round. The funding brings the company’s valuation to a staggering $15 billion.
The investment was led by a consortium of global investors, including Qatar Investment Authority (QIA) and the Abu Dhabi Investment Council (ADIC), highlighting strong Middle East interest in next-generation mobility solutions. This signals a strong regional interest in deep tech, particularly solutions blending AI and mobility infrastructure.
A Major Vote of Confidence from Global and Regional Investors
The round was co-led by BlackRock and Kleiner Perkins, and attracted an impressive list of new and returning investors:
- ✅ Qatar Investment Authority (QIA)
- ✅ Abu Dhabi Investment Council (ADIC)
- ✅ Franklin Templeton
- ✅ Premji Invest
- ✅ Stripes, Greycroft, BAM Elevate, and 137 Ventures
- ✅ Fidelity Management & Research Company, General Catalyst, Lux, BOND, Elad Gil, Addition, and Tribe Capital
For QIA, this investment marks a strategic move into cutting-edge vehicle AI—a sector poised to reshape industries from transportation to defense.
From Pakistani Roots to Global Tech Leadership
Qasar Younis, the co-founder and CEO of Applied Intuition, was born in Pakistan and raised in the U.S. His journey from small-town beginnings to leading one of the most valuable private AI companies in the U.S. is emblematic of global tech’s increasingly diverse leadership.
Under Younis’ leadership, Applied Intuition builds software stacks, simulation tools, and operating systems that help develop smart vehicles across sectors—from passenger cars to military drones.
What’s Next for Applied Intuition?
The new capital will be used to:
- ✅ Expand its global workforce and operations
- ✅ Accelerate product development in AI and autonomous systems
- ✅ Strengthen its defense and industrial automation platforms
The company is already making waves with recent launches like Axion and Acuity (defense tools), and partnerships with global giants like OpenAI, Porsche, Audi, TRATON, and Isuzu.
A Company on the Move
Since its $250 million Series E in 2024, Applied Intuition has:
- ✅ Acquired defense tech company EpiSci
- ✅ Expanded into the UK with new offices
- ✅ Launched platforms for off-road and defense autonomy
Its growth reflects a clear ambition: to embed intelligence into every moving machine.
As Younis puts it:
“We’re expanding our investments to put intelligence in every moving machine—from cars and trucks to drones and factories. Our mission is to bridge AI with the physical world to create a transformational impact.”