Belgian Driver Safety Tech Firm Secures Millions for Global Expansion
Leuven, Wednesday, 9 September 2026.
Deep-tech firm IVEX raised €5 million to expand its driverless safety software into North America and Asia, leveraging technology already deployed across more than 20 countries.
Series A Funding Announcement
On September 9, 2026, Belgian deep-tech firm IVEX announced it has secured €5 million in Series A funding [1]. The capital injection is designated to accelerate the company’s engineering roadmap and expand its global market presence [2]. IVEX specializes in validation and safety software for autonomous driving and advanced driver-assistance systems (ADAS) [1]. This funding round addresses critical regulatory and safety compliance challenges facing global automotive manufacturers [2].
Strategic Global Expansion
The company plans to utilize the funding to deepen its coverage of NCAP protocols and scale its data processing platform [1]. A primary focus of this expansion includes bringing IVEX technology to North America and Asia [2]. Regulators, testing institutions, and car makers require objective and scalable ways to evaluate the safety of vehicles [1]. The investment will support stakeholders in these regions by providing necessary evaluation tools [2].
Leadership and Market Deployment
Alongside the funding, IVEX has strengthened its Board of Directors with industry veterans including Jan Leuridan and Omar Mohout [1]. The company is a trusted supplier to Euro NCAP, providing technology used in official vehicle assessments [2]. Its platform has been deployed in on-road testing campaigns across more than 20 countries [1]. These markets include the EU, the UK, Australia, Brazil, and Japan [2].