Berlin-based Dive Engineering Software, a pioneering cloud-native and particle-based simulation software company, announced it raised a $10 million Series A led by the D. E. Shaw group to elevate how manufacturing enterprises engineer products through fluid simulation. Additional investors included First Momentum Ventures, Segenia Capital, and Senovo Capital.
Dive helps engineers simulate the mechanics of physical product components to be seamlessly tested within a browser-based platform. And the company will use this funding round to expand its Computational Fluid Dynamics (CFD) simulation portfolio to support a variety of new simulation use cases. And it will also strengthen its data analytics and data governance programs, bolstering its enterprise offering. This funding round will help fuel the company’s growth and expansion in the North American market. The company is opening of a U.S. office in Boston.
Computational Fluid Dynamics (CFD) software is a powerful tool used by engineers to predict the behavior of liquids and gases through computer simulations. This enables for the design and extensive testing of mechanical products without the need for physical prototypes. And these virtual counterparts are created using 3D design data. Prominent applications of CFD include the design of aircraft, car bodies, pumps, heat exchangers, and even the combustion processes in engines and gas turbines. Despite the limitations of CFD in handling complex phenomena such as free surface flows, multiphase flows, and moving geometries. Many industrial applications like gearbox lubrication, fuel tank sloshing, and electric motor cooling remain limited or even out of reach.
KEY QUOTES:
“Dive’s mission is to provide mechanical engineers with cloud-native simulation tools to solve multifaceted design problems in the fastest and most flexible way. Our pioneering CFD software uses the novel Smoothed-Particle Hydrodynamics (SPH) method, simplifying setup and enabling new simulation use cases—helping manufacturers refine products to keep pace with today’s competitive market demand. Our investors share our vision for driving innovation in the Computer-Aided Engineering (CAE) market, and we’re proud to work with them as we expand the business.”
- Pierre Sabrowski, co-founder and CEO of Dive
“We’re excited about Dive’s potential to transform the manufacturing and Computer-Aided Engineering industries. Dive’s meshfree and cloud-native approach is designed to enable engineers to create simulations that reduce industrial production timelines and costs, leading to greater efficiency in the engineering process.”
- Jean Nations of the D. E. Shaw group
“Dive dramatically simplifies our process of design testing for sophisticated and expensive industrial equipment. Dive is also a cloud-based platform, making it easy for us to collaborate across our global engineering organization.”
- Stefan Prebeck, Vice President of R&D, ZF Division Industrial Technology
