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IVEX

Heverlee, Belgium

series-a$5.8M raisedFreshly fundedMicromobilityAI & MLElectric Vehicles

Total Raised

$5.8M

Stage

series-a

Location

Heverlee, Belgium

Founded

2018

Team size

11-50

Links

About IVEX

KU Leuven spin-out developing AI-powered technology for automotive safety testing, including analysis, validation, and safety scoring of vehicles with focus on ADAS and autonomous driving systems.

What sets it apart

It combines KU Leuven-origin research, patented AI/formal-methods techniques, and automotive-domain expertise to provide an integrated operating system for safety testing and validation.

Sectors

MicromobilityAI & MLElectric VehiclesEnterprise Software

Business

ModelSaaS

CustomerAutomotive OEMs, Tier-1 suppliers, and companies developing ADAS and autonomous driving systems

Notable

  • Founded in 2018 after research at KU Leuven
  • Official software provider for Euro NCAP evaluation programs
  • Supports ADAS and autonomous-driving testing, validation, and safety scoring
  • Built on a strong patent portfolio of safety solutions

Funding rounds

10 Sept 2026

Led by The Faktory, Dedicated.lu

With private investors

Source ↗

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FAQ

What does IVEX do?

KU Leuven spin-out developing AI-powered technology for automotive safety testing, including analysis, validation, and safety scoring of vehicles with focus on ADAS and autonomous driving systems.

Where is IVEX based?

IVEX is based in Heverlee, Belgium, founded in 2018.

How much has IVEX raised?

IVEX has raised $5.8M in tracked funding and is currently at the series-a stage.

Who has invested in IVEX?

Investors in IVEX include PMV and Siemens.