NEWTWEN
Via Niccolò Tommaseo, 77, Padua, Veneto, 35131, Italy
Overview
NEWTWEN builds software that automatically generates embeddable, real-time and adaptive Digital Twins on Chip for the electrical drive and automation market. Its unified solution delivers essential data directly to the microchip, enabling accurate real-time multi-physics simulations while respecting the computational limits of existing electronics. The platform integrates these Digital Twins into existing systems to improve performance, durability and reliability and offers features like optimal cooling management, real-time monitoring and model predictive control. DTOC technology is positioned to lower production costs, increase efficiency, save energy and extend product lifetime. Founded in 2020 as a University of Padua spin-off (Hexadrive Engineering Srl), the company plans to expand its European sales network and accelerate technology and product development. NEWTWEN recently secured financing to support those growth and development goals.
- Total raised
- $8M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- May 2023
Industries
- Automotive
- Industrial Automation
- Software
Recent funding
Series A
May 2023
$8M
Team
Álvaro Martín
Ingeniero De Software De Sistemas
LinkedIn