
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 per year, and improves safety and driver satisfaction. It optimizes driving style based on road conditions, traffic, and driver requirements, offering a human-like driving experience with a focus on efficiency and safety. Traxen's technology also provides data insights on routes, vehicles, and driver performance, aiming to reduce driver error and associated insurance costs. The company's approach leverages AI, sensor fusion, and advanced driving algorithms to create a more efficient and safer trucking industry. Their team possesses extensive experience in autonomous driving, AI/machine learning, and vehicle dynamics.

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 per year, and improves safety and driver satisfaction. It optimizes driving style based on road conditions, traffic, and driver requirements, offering a human-like driving experience with a focus on efficiency and safety. Traxen's technology also provides data insights on routes, vehicles, and driver performance, aiming to reduce driver error and associated insurance costs. The company's approach leverages AI, sensor fusion, and advanced driving algorithms to create a more efficient and safer trucking industry. Their team possesses extensive experience in autonomous driving, AI/machine learning, and vehicle dynamics.
Founded: 2018
Headquarters: Plymouth, Michigan
Product: iQ-Cruise / iQ-Pilot — AI-driven predictive/adaptive cruise control for Class 8 trucks
Claimed benefit: Approximately 10% fuel savings (~$9,000 per truck per year)
Employee count (approx.): 25
Fuel efficiency, driver assistance and safety, fleet telematics for Class 8 trucks
2018
DeepTech
7750000
“Investors include Ali Maleki, Impact Engine, Invest Detroit Ventures, Third Derivative, VoLo Earth Ventures, eLab Ventures”