EQT Ventures

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London-based Generative Engineering raises €4 million to supercharge engineers with impact-efficient tools

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Generative Engineering, EQT Ventures

Generative Engineering, a London-based software company on a mission to vastly improve the overall efficiency of physical engineering, has successfully closed a €4 million pre-seed round led by EQT Ventures with participation from Join Capital.

Generative Engineering offers a unique platform that allows engineers to create and run models that generate and test thousands of different engineering designs, all within a fraction of the time these processes take today. This parallel engineering, pioneered by the company, has the potential to radically decrease product development time, allowing innovative solutions within energy, decarbonization, agriculture, mobility and more to reach the market much faster. This platform forms the centerpiece of the modern engineering software stack.

Read more at EU Startups

Flow Engineering raises $8.5m to develop engineering collaboration platform for ‘new age’ hardware engineers

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Flow Engineering, EQT Ventures, Backed VC

Flow Engineering, the first collaboration platform for hardware engineering teams designing complex systems, is today announcing $8.5m in seed funding. Flow is Github for hardware engineers, a single source of truth helping teams design complex systems and get products to market 30-50% faster. EQT Ventures led the round with participation from some of Europe’s top tech investors, including Backed VC, David Hegelson (Unity), Charlie Songhust (ex-Microsoft), Kyle Parrish (Figma) and Matt Clifford (EF). Today’s funding will help Flow realise its mission of supporting hardware engineering teams solve some of humanity’s greatest problems.

Read more at Flow Engineering Blog