Plymouth, United States
Traxen, headquartered in the United States, is at the forefront of advancing the heavy-duty trucking industry with its cutting-edge technologies. Founded in 2018, the company's focus is on creating synergies between safe driving, efficient fuel usage, and the valuable utilization of big data.
The company's slogan, "Driven by Intelligence", aptly captures its mission. Traxen boasts a robust portfolio of competencies, including autonomous driving, sensor fusion, and artificial intelligence. Their technological stack spans from vision systems to reinforcement learning, complemented by expertise in powertrains, vehicle dynamics, and vehicle electronics.
The recent $4.75M Seed Round investment on April 2, 2021 signals strong market confidence, with backing from reputable investors such as The Impact Engine, eLab Ventures, VoLo Earth Ventures, First Step Fund, and Third Derivative. This positions Traxen as a promising player in the convergence of energy, information technology, transportation, and autonomous tech sectors.
Simtec Systems