Rescale, the digital engineering platform built for the future of innovation and scientific discovery, has announced $115m in Series D funding.
There was participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator bringing total funding raised to more than $260m.
Rescale said it is on a mission to empower the world’s leading engineers and R&D teams with advanced computing, intelligent data management, and applied AI.
“Our future breakthroughs are limited not by imagination, but by the speed at which engineers and scientists can turn ideas into reality,” said Joris Poort, Rescale founder and CEO.
“Today’s leading innovators face bottlenecks in limited compute, siloed data, and complexity of AI deployment. Rescale removes these barriers—empowering every engineer and scientist to accelerate discovery, scale impact, and shape the future faster.”
In response to greater demand for new innovative products, enterprises are increasing their investments in technologies that expedite time to market. High-performance computing has grown to a $50bn market, product lifecycle data management a $30bn market, and simulation software a $20bn market. With the growing adoption of these solutions in the enterprise, teams are challenged to integrate the increasingly complex stack of software, hardware, and data systems into a unified control plane and user experience. Applied AI solutions are advancing rapidly, but most organizations lack a cohesive platform to embed these capabilities into the analysis, modelling, and simulation workflows for physics, chemistry, and biology. Rescale offers a comprehensive platform for integrating compute, data, and AI capabilities into a seamless experience, enabling organizations to focus on innovation and discovery.
Rescale’s customers — which include Arm, General Motors Motorsports, Samsung, SLB, and the U.S. Department of Defense — spend more than $1bn annually in high-performance computing infrastructure to power their virtual product development and scientific discovery environments. Rescale supports a diverse array of mission-critical use cases, such as accelerating drug development through molecular analysis, optimizing aircraft aerodynamics and enhancing automotive safety through crash simulations. Rescale enables innovators and scientists to bring more advanced products to market with greater efficiency.
“Rescale’s high-performance compute software platform is helping industry-leading companies, including Applied Materials, accelerate innovation through the power of advanced computing and intelligent data,” said Om Nalamasu, CTO of Applied Materials and President of Applied Ventures.
“We’ve experienced firsthand how Rescale’s software product suite can speed our AI physics simulation capabilities and catalyze adoption of our digital twin initiatives. We look forward to building on our successful collaboration with Rescale to empower our engineers and scientists.”
Rescale’s funding will expedite growth of its digital engineering platform for advanced computing, intelligent data, and applied AI. To support the increasing demand for its platform, Rescale is accelerating the delivery of its roadmap.
This includes expanding the range of new workflows and computing technologies available to its customers; growing its library of more than 1,250 applications and global network of more than 500 cloud datacentres with its technology partners such as AMD, Amazon Web Services, Arm, Intel, Microsoft Azure, NVIDIA, and Oracle Cloud Infrastructure.
It also establishes a unified data fabric and digital thread capability for all modeling and simulation workflows, along with AI-native search, tagging, and automation; while expanding on robust enterprise security and compliance offerings, including additional authorizations for government and defense customers.
Rescale said it will also empower industrial enterprises for the next era of AI-powered engineering, enabling organisations to democratise and automate AI physics tools and libraries, resulting in more than 1,000-fold speed improvements in design validation.
Jim Cornall is editor of Deeptech Digest and publisher at Ayr Coastal Media. He is an award-winning writer, editor, photographer, broadcaster, designer and author. Contact Jim here.
