Neural Concept (Series B)
Funding Details
Awarder
SemiNews
Date Award
June 3, 2024
Vertical
Engineering Intelligence
Funding URL
View Funding Page
Funding Amount
$27,000,000
Company Info
Founding Year
2018
Traction
Neural Concept is proven to reduce end-to-end product development times by up to 75%; accelerate product simulation by up to 10x; and improve product characteristics, including efficiency, safety, speed, and aerodynamics, by up to 30%.
Organizations Involved
Airbus, Bosch, General Electric, Subaru, Formula 1 racing teams
Founders
Pierre Baqué
Market
Automotive, Micro-electronics, Aerospace, Energy
Location
Lausanne, Switzerland
Coinvestors
Forestay Capital, D. E. Shaw group, Alven, CNB Capital, HTGF, Aster Capital
Company Description

Neural Concept revolutionizes industrial engineering design with AI Deep Learning algorithms

Links
WebsiteCrunchbaseLinkedIn
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