SimScale provides a cloud-native engineering simulation solution designed to remove the pain points of traditional computer aided engineering (CAE) software and enable engineering teams to focus on product design. The platform offers accurate, end-to-end simulations and real-time collaboration without hardware or maintenance investment. SimScale serves over 300,000 current users across R&D stages, applications and industries. The company plans to expand into new industries — including rotating machinery, electronics and automotive — by adding additional simulation capabilities and broadening its enterprise offering for larger customers. SimScale was founded in 2012 by CEO David Heiny and is based in Munich, Germany and Boston, MA. Financially, the company recently extended its Series C with additional funding to support its product and market expansion plans. SimScale provides a cloud-based computer-aided engineering (CAE) platform delivering computational fluid dynamics (CFD) and finite element analysis (FEA) simulation through a standard web browser. The SaaS platform eliminates the need for on-premises hardware and software maintenance by leveraging cloud computing and enables parallel processing of multiple designs to speed iterative workflows. SimScale operates on a subscription-based pricing model and serves over 150,000 users. The company plans to use its latest financing to accelerate expansion of the platform and grow global operations. SimScale closed €27 million in Series C funding led by Insight Partners, reflecting investor confidence in its growth. Founded in 2012 with offices in Munich, New York, and Boston, the company aims to broaden adoption of simulation across engineering teams. SimScale provides web-based 3D simulation technology that enables engineers, designers and students to virtually test and optimize product designs directly in the browser. The platform offers high-performance 3D simulation accessible without local software installations. The company launched a Community Plan making its products available for free and allowing users to share simulation projects to foster knowledge-sharing. SimScale intends to use its Series A funds to bring its 3D simulation technology to designers and engineers globally. The platform currently has 55,000 users worldwide. Founded in 2012, SimScale focuses on improving product development processes through in-browser testing. SimScale offers a web-based platform that runs sophisticated 3D engineering simulations across structural mechanics, fluid mechanics, thermodynamics and acoustics. The platform leverages 3D rendering technology, interactive collaboration features and connections to large external computing centers to enable cloud-based simulation workflows. Its solution is in productive use by customers worldwide across industries such as plant manufacturing, facilities engineering and pump and valve design. The company was spun out of TU München in 2011 and is based in Munich, Germany. SimScale has raised venture capital (amount undisclosed) and intends to use the funds to develop simulation functionality to address additional industries. No operating metrics (revenue/users) were disclosed in the article. SimScale is a web-based engineering simulation platform based in Garching near Munich, Germany. Co-founded in 2012 by David Heiny and four other mechanical engineers, computer scientists and mathematicians, the company provides engineers with web access to numerical simulation. The platform integrates a wide range of tools from fluid mechanics, structural mechanics and thermodynamics within a single user interface. Engineers can test the platform free of charge at www.simscale.de. SimScale closed a round of funding of undisclosed amount and intends to use the capital for further development of its platform.

Total raised

$59M

Funding rounds

5

Latest round

Series C

Latest activity

Nov 2021