Neural Concept (Series B)

Funding Details
Awarder
SemiNews
Date Award
June 03, 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
Company Description
Neural Concept revolutionizes industrial engineering design with AI Deep Learning algorithms
Market
Automotive, Micro-electronics, Aerospace, Energy
Location
Lausanne, Switzerland
Coinvestors
Forestay Capital, D. E. Shaw group, Alven, CNB Capital, HTGF, Aster Capital

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