HomeFunding3D engineering simulation startup SimScale closes Series A funding round led by...

3D engineering simulation startup SimScale closes Series A funding round led by Union Square Ventures

SimScale, the web-based 3D simulation startup out of Munich, today announced the launch of its Community Plan, making SimScale’s entire feature set available for free for everyone. The launch comes as SimScale also announces the successful closing of its Series A funding round led by Union Square Ventures with support from Earlybird Venture Capital and angel investor Axel Bichara. The funding will be used to accelerate its vision of bringing 3D engineering simulation technology to designers and engineers everywhere.

Companies use SimScale’s platform to virtually test their engineering designs in-browser, improving their product development process. With SimScale, small and mid-sized teams are now able to get instant access to powerful simulation technology and reliable analysis results without the need to worry about large upfront investment.

As part of the SimScale Community Plan, users can collaborate and connect with thousands of other professionals and get access to hundreds of simulation projects from other Community users, ultimately getting their engineering design work done faster. With the new Community Plan and the release of additional collaboration-focused features, SimScale is set to become the world’s first online ecosystem of simulation functionality, content and people brought together on one platform.

Founded in 2012 and based in Munich, Germany, SimScale already Counts 55,000 users worldwide.

“SimScale’s vision is to make simulation a standard tool in the software stack of every engineer or designer so they can build a better product. Our approach is to focus on removing the barriers of traditional simulation tools such as cost, access and know-how by delivering a collaborative, web-based simulation environment based on a flexible pricing model,” said David Heiny, managing director and co-founder of SimScale.

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Ieva Treija
Ieva Treija
Ieva Treija has joined EU-Startups.com in August 2015. She has two passions: marketing and startups. Background in journalism helps her to put both passions together and come up with exciting stories for the readers. Ieva lives in in Riga (Latvia).
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