Rescale Secures $115M to Revolutionize Engineering Simulations with AI
The San Francisco-based startup is leveraging new funding from Nvidia, Applied Materials, and others to integrate AI, drastically reducing simulation times for industries like aerospace and semiconductors.
- Rescale has closed a $115 million Series D funding round, bringing its total capital raised to over $260 million.
- Key investors include Nvidia, Applied Materials' venture arm, Foxconn, Hanwha, and Atika Capital, among others.
- The company is integrating AI into its engineering software platform to reduce simulation times from days to under a second while maintaining high accuracy.
- Rescale's platform supports industries such as aerospace, automotive, semiconductors, and defense, enabling faster innovation and product development.
- The funding positions Rescale to capitalize on the rapidly growing $50 billion high-performance computing and $20 billion simulation software markets.