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Traxen Inc. offers an AI-driven, connected, predictive, and adaptive cruise control system called iQ-Cruise®. This system significantly reduces fuel consumption, saving an average of $9,000 per truck…

Traxen Inc. offers an AI-driven, connected, predictive, and adaptive cruise control system called iQ-Cruise®. This system significantly reduces fuel consumption, saving an average of $9,000 per truck…
Product: AI-driven fuel-efficiency and driver-assist systems (iQ-Cruise / iQ-Pilot) for Class 8 trucks
Founded: 2018
Headquarters: Plymouth, Michigan
Reported impact: $9,000 average annual fuel savings per truck
Investors: Includes VoLo Earth Ventures, eLab Ventures, Impact Engine
Fuel efficiency, driver assistance, fleet telematics for commercial heavy-duty trucks
2018
DeepTech
7750000
Public profiles indicate seed-stage fundraising and a last funding date of 2021-04-02 with total funding reported as 7,750,000 USD.
“Includes investors such as VoLo Earth Ventures, eLab Ventures, Impact Engine, Invest Detroit Ventures, Third Derivative, Ali Maleki”
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