MultiMechanics, an Omaha, Neb.-based developer of virtual testing software designed to help companies reduce physical prototyping and testing, raised $1.9m in funding.
Backers included Solvay Ventures, Anzu Partners, and Invest Nebraska.
The company intends to use the funds to grow its engineering team, further its product development pipeline, and expand its position in the commercial marketplace.
Led by Flavio Souza, CTO, and Leandro Castro, CEO, MultiMechanics enables the modeling and failure prediction of complex materials at a level of accuracy and speed. The TRUE Multiscale™ technology, developed over 6 years, accurately predicts and visualizes stresses and crack propagation at multiple scales, simultaneously, enabling innovation acceleration in a large range of industries including composites, polymers, 3D printing, automotive, aerospace, energy and even applications in biotech and pharmaceuticals.
The investment comes following a partnership between MultiMechanics and Solvay to model complex composite structures used in the automotive and aerospace industries.
FinSMEs
27/07/2017