How much did Flexcompute raise?

Flexcompute raised $5.2 Million in a funding round on December 3, 2020.

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.

Flexcompute Inc reported raising $5.2 Million in an initial SEC Form D filing, from an offering of $5.2 Million

PRIVATEDec 03, 2020

Amount Raised

$5.2 Million

$5.2 Million sold, per SEC Form D (first sale Dec 3, 2020)

Round Type

Venture

WatertownHardwareSoftware

Quick answer

Flexcompute raised $5.2 Million in a funding round, dated December 3, 2020. Flexcompute is based in Watertown, South Dakota, United States.

How much did Flexcompute raise?: Flexcompute raised $5.2 Million in a funding round on December 3, 2020.
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.

Syndio Solutions, Inc. raised $17M on January 12, 2021.
Quantum Computing raised $3.2M (Seed) on January 5, 2021.
Celestial AI raised $2.9M (Seed) on January 5, 2021.
Glance raised $145M (Funding Round) on December 22, 2020.
Teledyne FLIR raised $9.8M on December 16, 2020.
FiEE, Inc. raised $25M on December 11, 2020.

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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

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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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