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Flexcompute announced it raised $53 Million in an initial filing from an offering of $53 Million

Jul 09, 2024over 1 year ago

Amount Raised

$53 Million

WatertownSoftware

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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