Startup profile · funding coverage
IVEX funding, valuation and investors
AI and computer-vision platform that automates on-road ADAS/AD safety-test data analysis for regulators, labs, and OEMs.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
€5M · September 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Leuven, Belgium
Investors in latest funding
Other: The Faktory , Dedicated.lu
Overview
IVEX is a Leuven, Belgium KU Leuven spin-out (founded 2018) that uses computer vision, AI, and cloud processing to automate the most labor-intensive parts of on-road vehicle safety testing — reading road context, dashboard signals, and protocol compliance with engineers in the loop. It supplies technology used in official Euro NCAP assessments.
On September 10, 2026 IVEX announced a €5 million Series A backed by existing investors The Faktory and Dedicated.lu plus private investors.
Why IVEX is interesting
€5M Series A (~$5.9M) on Sep 10, 2026 from existing European deep-tech backers to export a Euro NCAP–trusted testing OS into North America and Asia as ADAS mandates scale.
Product & use cases
Human-in-the-loop safety-testing platform that automates multi-sensor on-road analysis against NCAP and related protocols and aims to become an OS for automotive safety testing apps.
- Euro NCAP and other NCAP protocol coverage expansion
- OEM and supplier ADAS/AD validation campaigns
- Testing institutions scaling multi-country on-road data review
Key facts
- €5M Series A (~$5.9M) from The Faktory, Dedicated.lu, and private investors (Sep 10, 2026)
- Euro NCAP technology supplier; on-road campaigns in 20+ countries; >100,000 km / 50+ vehicle models (company)
- Company claim: >95% less engineering time on data analysis (e.g. 400 hours of data with 8 hours of engineer time)
Funding history (newest first)
Series A
2026-09 €5M- The Faktory (participant)
- Dedicated.lu (participant)
Source: Read source · ivex.ai
Market / IPO context
Editorial / static context — not a live quote.
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