Figma co-founder backs Berlin-based engineering intelligence startup SPREAD in €14.5M funding round
Berlin-based SPREAD, an Engineering Intelligence startup for complex mechatronic products, announced on Wednesday that it has raised $16M (approximately €14.5M) in a Series A round of funding. The round was led by HV Capital with participation from existing investors Cavalry Ventures and angel investors Dylan Field – Figma Co-Founder & CEO, and the founders of logistics unicorn Sennder, among others.
SPREAD says it will use the capital to scale its early successes outside of automotive to new markets. The company will also grow the platform’s capabilities and expand the reach of the Engineering Intelligence Network.