Battery Ventures Invests in AdaCore
March 28, 2024
Battery Ventures has made a strategic growth investment in AdaCore SAS to support the company's expansion of high-integrity software development tools for safety- and security-critical systems. The capital will be used to enhance AdaCore's product portfolio — including static/dynamic analysis, formal methods, machine learning and safety-certification capabilities — while Robbie Payne (Battery EIR) will join AdaCore's board; DDA & Company served as AdaCore's exclusive financial advisor.
- Buyers
- Battery Ventures
- Targets
- AdaCore SAS
- Industry
- Software
- Location
- Île-de-France, France
- Transaction Type
- Growth capital
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