Engineering software startup Rescale raised $115 million in venture financing, led by Applied Materials and Nvidia. The funds will be used to enhance their AI-driven simulation capabilities.
Engineering software startup Rescale raised $115 million in venture financing, led by Applied Materials and Nvidia. The funds will be used to enhance their AI-driven simulation capabilities.
04/07/25, 2:57 PM
Location
san franciscoMoney raised
$115 million
Industry
software
Investors
Nvidia, Applied Materials
Rescale, a San Francisco-based startup that makes engineering software used to design race cars and computer chips, raised $115 million on Monday in venture financing. Backers in the round included the venture arm of semiconductor manufacturing equipment maker Applied Materials and Nvidia, the world's biggest maker of artificial intelligence chips. The money raised will go toward using artificial intelligence to speed up the simulation process for engineers. This funding brings Rescale's total raised to date to more than $260 million.
Company Info
Location
san francisco, california, united states
Additional Info
Rescale’s cloud platform for modeling & simulation and applied AI accelerates product development and discovery for any organization. Enterprises use Rescale’s compute, data, and AI solutions to accelerate discovery and engineering breakthroughs.
Rescale has been recognized globally as the industry leading platform providing cutting edge AI solutions, the broadest selection of over 1,000 R&D software applications, and the largest global infrastructure footprint of 100s of advanced computing architectures. Leveraged by a majority of Fortune 500 companies to accelerate time to market, Rescale has been recognized by Gartner as a Cool Vendor for Cloud Infrastructure, by Deloitte as a Technology Fast 500 company, and by the World Economic Forum as a Global Innovator Unicorn.