Rescale, a digital engineering platform built for the future of innovation and scientific discovery, announced a $115 million Series D with 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. This brings the total funding raised to $260+ million. Rescale’s early investors include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel.
In response to increased demand for new products, enterprises are investing more in technologies that expedite time to market. The high-performance computing, product lifecycle data management, simulation software market has rapidly grown. And considering 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, modeling, and simulation workflows for physics, chemistry, and biology. Rescale provides a comprehensive platform for integrating compute, data, and AI capabilities into a seamless experience, enabling organizations to focus on innovation and discovery.
Rescale is used by industry leaders to advance the frontier in aerospace, automotive, energy, life sciences, manufacturing, the public sector, and semiconductors. The company’s hundreds of enterprise customers, which include Arm, General Motors Motorsports, Samsung, SLB, and the U.S. Department of Defense, spend over $1 billion annually in high-performance computing infrastructure to power their virtual product development and scientific discovery environments.
Rescale works with various 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 more efficiently.
Rescale’s new funding round will expeditethe growth of its comprehensive digital engineering platform for advanced computing, intelligent data, and applied AI. And to support the increasing demand for its platform, Rescale is accelerating the delivery of its roadmap, including:
1.) Expanding the range of new workflows and computing technologies available to its customers; growing its market-leading library of over 1,250 applications and global network of more than 500 cloud datacenters with its technology partners such as AMD, Amazon Web Services, Arm, Intel, Microsoft Azure, NVIDIA, and Oracle Cloud Infrastructure.
2.) Establishing 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.
3.) Enabling industrial enterprises for the next era of AI-powered engineering, enabling organizations to democratize and automate industry-leading AI Physics tools and libraries, resulting in over 1000x speed improvements in design validation.
Rapid advancements in AI technologies are changing how organizations seek to gain a competitive edge. Rescale’s digital engineering platform is reimagining modeling and simulation for the AI era. Rescale’s cloud-native technologies provide enterprises with agility and automation that fundamentally advance product development and scientific discovery.
KEY QUOTES:
“Our future breakthroughs are limited not by imagination, but by the speed at which engineers and scientists can turn ideas into reality. 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.”
- Joris Poort, Rescale founder and CEO
“Accelerated computing is the engine of the AI industrial revolution. With Rescale’s full-stack NVIDIA software and infrastructure, industries can push the boundaries of AI-driven modeling and simulation—advancing discovery, design, and engineering at an unprecedented pace.”
- Jensen Huang, NVIDIA founder and CEO
“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. 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.”
- Om Nalamasu, CTO of Applied Materials and President of Applied Ventures