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IVEX raises €5 million in Series A funding to boost AI-powered automotive safety testing and expand into North America and Asia.

PRIVATESep 10, 2026•about 3 hours ago

Amount Raised

€5 Million

Round Type

Series A

Government

Investors

Private InvestorsDedicated.LuThe Faktory

Description

IVEX, a DeepTech startup from Heverlee, has secured €5 million in a Series A funding round. The investment aims to accelerate its engineering roadmap and enhance its presence in North America and Asia. The round included backing from existing investors, The Faktory and Dedicated.lu, along with private investors. IVEX plans to use the funds to improve its platform capabilities and advance vehicle safety technology.

Company Information

Company

IVEX

About

The company won backing from Flemish government investor PMV, as well as SDPG, The Faktory Fund, Noshaq and Dedicated.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

IVEX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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