Fundz

Flexcompute Raises $22M To Accelerate Industrial R&D With Advanced Engineering Computing

PRIVATENov 29, 2021

Amount Raised

$22 Million

Round Type

Funding Round

WatertownHardwareSoftware

Description

Flexcompute has raised $22M in Series B funding led by Coatue Management with participation from GGV Capital, 3W Investment, WI Harper, River Delta, and additional investors. Proceeds will accelerate its efforts to build a world-class team and execute its vision of engineering computing.

Quick answer

Flexcompute raised $22 Million in a Funding Round round, dated November 29, 2021. Flexcompute is based in Watertown, South Dakota, United States.

How much did Flexcompute raise?
Flexcompute raised $22 Million in a Funding Round round on November 29, 2021.
What does Flexcompute do?
Flexcompute develops next-generation simulation tools to accelerate product designs in automotive, aerospace, consumer electronics, semiconductors, and renewable energy.
Where is Flexcompute based and how big is it?
Flexcompute is based in Watertown, South Dakota, United States. Fundz records about 98 employees.
Who are the decision-makers at Flexcompute?
Fundz holds 1 contact at Flexcompute, including the Director, Promoter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Software around the same time

Companies in the same sectors as Flexcompute that raised within 45 days of this round, from Fundz verified event records.

  • Taktikal raised $2M (Seed) on January 12, 2022.
  • Bluepha raised $235M (Series B) on January 10, 2022.
  • JUNIPER NETWORKS raised an undisclosed amount (Funding Round) on January 10, 2022.
  • Voyant Photonics raised $15M (Series A) on December 30, 2021.
  • RoboSense raised an undisclosed amount (Corporate Round) on December 27, 2021.
  • Cosmic Guild raised $1.5M (Seed) on December 23, 2021.

Who to call at Flexcompute, and when

A new round usually means Flexcompute is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Flexcompute, from your own LinkedIn network

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Company Information

Company

Flexcompute

Location

182 Main Street

Watertown, South Dakota, United States

About

Flexcompute develops next-generation simulation tools to accelerate product designs in automotive, aerospace, consumer electronics, semiconductors, and renewable energy. Our technology is 50 to 500 times faster than traditional simulation software while achieving better accuracy and robustness. This leap is enabled by a new generation of computing chips, innovative algorithms for solving first-principle equations, and AI-assisted physics modeling. Our products simulate fluid, thermal, and electromagnetic physics. Flexcompute is based in Boston, with a founding team from MIT and Stanford.

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Related People

1 contact
Verified contactsQiqi W., Director, Promoter hidden hiddenSee plans and pricing
Predictive Intelligence
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Flexcompute raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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