Swiss-based
Neural Concept has raised a $100 million Series C round led by Growth Equity at
Goldman Sachs Alternatives, with participation from existing investors Forestay
Capital, Alven, HTGF, D.E. Shaw Ventures, and Aster Capital.
Founded in 2019
and spun out of EPFL in Lausanne, Neural Concept develops an AI-focused
engineering platform for product development. The company embeds AI into design
and simulation workflows to help engineering teams accelerate
development and improve product performance across efficiency, safety, and
sustainability.
(You can check out our earlier interview with Pierre Baqué, CEO and co-founder, on how the company’s 3D AI platform is being used to reshape engineering workflows at OEMs.)
Neural Concept’s
CAD-native enterprise AI is designed to interpret geometry, constraints, and
design intent. The company says the platform supports physics-aware design
copilots that enable teams to evaluate more design options earlier in the
process and reduce late-stage changes.
Neural Concept
reports growing adoption as engineering organisations move from pilots to wider
deployments, with activity across sectors including automotive, aerospace and
defence, energy, semiconductors, and consumer electronics. It also reports
partnerships with global OEMs and component suppliers.
Dr. Pierre Baqué,
CEO and founder of Neural Concept, said the company was created to enable
AI-driven design for complex systems such as future vehicles and spacecraft:
Advances in AI are transforming engineering from a process of trial and
error into a data-driven workflow where tradeoffs and constraints can be
understood and optimised from the start.
This investment enables us to fast-track our progress toward
establishing the intelligence layer powering every engineering team,
worldwide.
The company plans to use
the funding to accelerate product development, including a planned generative
CAD capability in early 2026, expand its global go-to-market teams, and deepen
partnerships with companies such as Nvidia, Siemens, Ansys, Microsoft, and AWS.