Rescale Secures $115 Million Series D

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4399518-1&amp&semi;h&equals;3759083363&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Frescale&period;com&percnt;2F&amp&semi;a&equals;Rescale" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Rescale<&sol;a><&sol;u>&comma; a digital engineering platform built for the future of innovation and scientific discovery&comma; has secred a <span class&equals;"xn-money">&dollar;115 million<&sol;span> Series D with participation from Applied Ventures&comma; Atika Capital&comma; Foxconn&comma; Hanwha Asset Management Deeptech Venture Fund&comma; Hitachi Ventures&comma; NEC Orchestrating Future Fund&comma; NVIDIA&comma; Prosperity7&comma; SineWave Ventures&comma; Translink Capital&comma; <span class&equals;"xn-org">University of Michigan<&sol;span>&comma; and Y Combinator bringing total funding raised to over <span class&equals;"xn-money">&dollar;260 million<&sol;span>&period;<&sol;p>&NewLine;<p>Rescale&&num;8217&semi;s early investors include <span class&equals;"xn-person">Sam Altman<&sol;span>&comma; <span class&equals;"xn-person">Jeff Bezos<&sol;span>&comma; <span class&equals;"xn-person">Paul Graham<&sol;span>&comma; and <span class&equals;"xn-person">Peter Thiel<&sol;span>&period; The company is on a mission to empower the world&&num;8217&semi;s leading engineers and R&amp&semi;D teams with advanced computing&comma; intelligent data management&comma; and applied AI&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our future breakthroughs are limited not by imagination&comma; but by the speed at which engineers and scientists can turn ideas into reality&comma;&&num;8221&semi; said <span class&equals;"xn-person">Joris Poort<&sol;span>&comma; Rescale founder and CEO&period; &&num;8220&semi;Today&&num;8217&semi;s leading innovators face bottlenecks in limited compute&comma; siloed data&comma; and complexity of AI deployment&period; Rescale removes these barriers—empowering every engineer and scientist to accelerate discovery&comma; scale impact&comma; and shape the future faster&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Accelerated computing is the engine of the AI industrial revolution&comma;&&num;8221&semi; said Jensen Huang&comma; NVIDIA founder and CEO&period; &&num;8220&semi;With Rescale&&num;8217&semi;s full-stack NVIDIA software and infrastructure&comma; industries can push the boundaries of AI-driven modeling and simulation—advancing discovery&comma; design&comma; and engineering at an unprecedented pace&period;&&num;8221&semi;<&sol;p>&NewLine;<p>In response to greater demand for new innovative products&comma; enterprises are increasing their investments in technologies that expedite time to market&period; High-performance computing has grown to a <span class&equals;"xn-money">&dollar;50 billion<&sol;span> market&comma; product lifecycle data management a <span class&equals;"xn-money">&dollar;30 billion<&sol;span> market&comma; and simulation software a <span class&equals;"xn-money">&dollar;20 billion<&sol;span> market&period; With the growing adoption of these solutions in the enterprise&comma; teams are challenged to integrate the increasingly complex stack of software&comma; hardware&comma; and data systems into a unified control plane and user experience&period; Further&comma; applied AI solutions are advancing rapidly&comma; but most organizations lack a cohesive platform to embed these capabilities into the analysis&comma; modeling&comma; and simulation workflows for physics&comma; chemistry&comma; and biology&period; Rescale offers a comprehensive platform for integrating compute&comma; data&comma; and AI capabilities into a seamless experience&comma; enabling organizations to focus on innovation and discovery&period;<&sol;p>&NewLine;<p>Rescale is used by industry leaders advancing the frontier in aerospace&comma; automotive&comma; energy&comma; life sciences&comma; manufacturing&comma; public sector&comma; and semiconductors&period; The company&&num;8217&semi;s hundreds of enterprise customers — which include Arm&comma; General Motors Motorsports&comma; Samsung&comma; SLB&comma; and the U&period;S&period; Department of Defense — spend over <span class&equals;"xn-money">&dollar;1 billion<&sol;span> annually in high-performance computing infrastructure to power their virtual product development and scientific discovery environments&period; Rescale supports a diverse array of mission-critical use cases&comma; such as accelerating drug development through molecular analysis&comma; optimizing aircraft aerodynamics and enhancing automotive safety through crash simulations&period; Rescale enables innovators and scientists to bring more advanced products to market with greater efficiency&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Rescale&&num;8217&semi;s high-performance compute software platform is helping industry-leading companies&comma; including Applied Materials&comma; accelerate innovation through the power of advanced computing and intelligent data&comma;&&num;8221&semi; said Dr&period; Om Nalamasu&comma; CTO of Applied Materials and President of Applied Ventures&period; &&num;8220&semi;We&&num;8217&semi;ve experienced firsthand how Rescale&&num;8217&semi;s software product suite can speed our AI physics simulation capabilities and catalyze adoption of our digital twin initiatives&period; We look forward to building on our successful collaboration with Rescale to empower our engineers and scientists&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Rescale&&num;8217&semi;s new funding will expedite growth of its comprehensive digital engineering platform for advanced computing&comma; intelligent data&comma; and applied AI&period; To support the increasing demand for its platform&comma; Rescale is accelerating the delivery of its roadmap including&colon;<&sol;p>&NewLine;<ul >&NewLine;<li>Expanding the range of new workflows and computing technologies available to its customers&semi; growing its market-leading library of over 1&comma;250 applications and global network of more than 500 cloud datacenters with its technology partners such as AMD&comma; Amazon Web Services&comma; Arm&comma; Intel&comma; Microsoft Azure&comma; NVIDIA&comma; and Oracle Cloud Infrastructure&period;<&sol;li>&NewLine;<li>Establishing unified data fabric and digital thread capability for all modeling and simulation workflows&comma; along with AI-native search&comma; tagging&comma; and automation&semi; while expanding on robust enterprise security and compliance offerings&comma; including additional authorizations for government and defense customers&period;<&sol;li>&NewLine;<li>Empowering industrial enterprises for the next era of AI-powered engineering&comma; enabling organizations to democratize and automate the use of industry-leading AI Physics tools and libraries&comma; resulting in over 1000x speed improvements in design validation&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;

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