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SiaSearch - overview

Established

2019

Location

Berlin, -, Germany

Primary Industry

Software

About

MX Automotive GmbH specializes in developing advanced automotive technologies, focusing on enhancing vehicle autonomy and data management solutions, particularly for the automotive sector. Founded in 2019 and headquartered in Berlin, Germany, MX Automotive GmbH concentrates on automotive technology integration. The company was acquired by Scale Labs, Inc. in November 2021 to bolster its product development and market presence in Europe.


Clemens Viernickel serves as both CEO and Founder of the company. MX Automotive GmbH delivers innovative solutions aimed at improving vehicle autonomy, including high-quality data annotation and management services for automotive applications. Their platform supports various industry needs, facilitating the transition from Level 2 to Level 5 vehicle autonomy and assisting clients such as automotive manufacturers and regulatory bodies in optimizing their AI applications. The company generates revenue through subscription-based services and partnerships, tailored to meet the diverse needs of clients across different sectors.


With pricing models that accommodate everything from small initiatives to extensive enterprise deployments, MX Automotive GmbH maintains flexible financial structures to support its varied customer base. Following its acquisition in November 2021, MX Automotive GmbH aims to leverage the resources of Scale Labs, Inc. for accelerated product development and expansion in Europe. The company plans to roll out new products focused on data integration and management within the next 12 months, targeting increased operational capabilities in both the automotive and public sectors.


The recent funding will be utilized to enhance these initiatives, ensuring the company meets the evolving demands of its markets.


Current Investors

Scale AI, Inc.

Primary Industry

Software

Sub Industries

Systems Management Software, Analytics & Performance Software

Verticals

Artificial Intelligence, Artificial Intelligence, Big Data, Cloud Computing

Company Stage

Add-on

Total Amount Raised

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