General Catalyst to lead Applied Intuition $1.5B round

Autonomous vehicle and defense technology developer Applied Intuition is reportedly in talks to raise at least $1.5 billion in a new funding round led by General Catalyst. Sources familiar with the matter say the deal is expected to value the startup at roughly $30 billion, which would double its valuation from June 2025. General Catalyst reportedly plans to invest $250 million in the round. Open article →