Neural Concept
The trends toward sustainability and the regulations that accompany them mean that engineering companies must develop products at unprecedented speeds. The current approach to product design and development is not suited to these challenges. Neural Concept solves this. By making 3D deep learning the central paradigm of the design process, AI can translate high-level functional requirements into actual optimized designs much more rapidly than was ever possible before. Neural Concept exploits the computational power of deep learning to assist world-class engineering teams design next generation products at record speeds. Backed by world renowned investors such as Alven, Neural Concept works with 40% of the largest European and Asian OEMs and 25% of the top 100 tier-1 suppliers to deliver transformative results. The company was founded in 2018 in a top-notch AI lab at EPFL, Switzerland, and has completed more than 60 industrial projects with the platform since then. It is 50+ employees strong and has already established solid and fast-growing revenues. Neural Concept is backed by venture capital investors who share our ambition of establishing our position as category-defining leaders.
Neural Concept
The trends toward sustainability and the regulations that accompany them mean that engineering companies must develop products at unprecedented speeds. The current approach to product design and development is not suited to these challenges. Neural Concept solves this. By making 3D deep learning the central paradigm of the design process, AI can translate high-level functional requirements into actual optimized designs much more rapidly than was ever possible before. Neural Concept exploits the computational power of deep learning to assist world-class engineering teams design next generation products at record speeds. Backed by world renowned investors such as Alven, Neural Concept works with 40% of the largest European and Asian OEMs and 25% of the top 100 tier-1 suppliers to deliver transformative results. The company was founded in 2018 in a top-notch AI lab at EPFL, Switzerland, and has completed more than 60 industrial projects with the platform since then. It is 50+ employees strong and has already established solid and fast-growing revenues. Neural Concept is backed by venture capital investors who share our ambition of establishing our position as category-defining leaders.
TL;DR
What they do: AI-first, 3D geometry- and physics-aware platform that embeds deep learning into product design and simulation workflows
Headquarters: Lausanne, Switzerland
Founded: 2018
Customers / traction: Works with global OEMs and tier-1 suppliers; claimed >50 enterprise customers and 40% of largest European/Asian OEMs (company materials)
Recent financing: Series B $27M announced June 3, 2024 (led by Forestay Capital)
