November 11, 2024
BMW i Ventures reports an investment in Simr, a cloud simulation company that gives engineers a single platform for using any compute resources with any leading simulation tool, the companies report. The company’s newly launched Simulation Operations Automation (SimOps) platform has the potential to impact how engineers design, verify, and test products by automating simulations in the cloud. Simr secured $20M in Series A funding led by Uncorrelated Ventures, with investments also from BMW i Ventures and Earlybird Venture Capital. The funding will drive expansion into North America and Europe, companies report.
With the launch of SimOps, Simr (formerly known as UberCloud) is making practices in computer simulations available to design engineers everywhere, according to Simr. The platform enables the implementation of SimOps best practices and ehances innovation and productivity among design engineers, while enabling IT and operational control. Simr is partnered with leading simulation platform providers including Ansys, Siemens and Dassault Systèmes.
“SimOps can revolutionize how companies design complex, breakthrough products by letting teams iterate and test their ideas in the time they were previously forced to waste waiting for simulations to be completed,” says Baris Guzel, partner, BMW i Ventures. “SimOps gives engineering teams the power to explore more options faster, and at lower cost.”
“Simr lets engineers design better products by giving them the ability to design and validate literally anything they can conceive of at previously unimaginable speed,” says Burak Yenier, co-founder and CEO, Simr. “As demonstrated by the traction we have with the world’s top companies and the support of our investors, there is a strong need for these unique innovations. SimOps is the much-needed new engine of manufacturing simulations.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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