The round was led by HCVC and included Catapult Ventures, Seedcamp, Serena Capital, Kima Ventures and Diaspora Ventures, as well as Industry Executives such as Bruno Bouygues, CEO of GYS.

Full Speed Automation enables production agility with intelligent automation software. The company was founded by Luc Leroy, who drove the Core Automation Engineering team at Tesla to solve the Model 3 "automation hell", helping make production profitable. He developed the team and set up the new controls and software architectures for Gigafactory Shanghai, battery cells and Model Y production lines. VITESSE (=V=), the company's first product, is the world's first no-code automation controls platform. It enables fast bring-up and rapid iterations, using the best engineering practices. Full Speed Automation is located in Los Gatos, Silicon Valley.