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Neural Concept secures $27M in Series B round

Neural Concept secures $27M in Series B round
Neural Concept secures $27M in Series B round

Neural Concept, based in Lausanne, Switzerland, raised $27M in Series B funding for its 3D Deep Learning platform.

The funding round was led by Forestay Capital, with participation from the D. E. Shaw group and existing investors Alven, CNB Capital, HTGF, and Aster Group.

This investment will help Neural Concept enhance its technological capabilities and accelerate global growth across Europe, Asia-Pacific, and the US.

Neural Concept's platform, utilized by major OEMs like Airbus and Bosch, integrates 3D Deep Learning to improve product design and engineering processes, fostering innovation and collaboration.

"Our goal is to deliver smarter, safer, and more sustainable products faster," said CEO Pierre Baqué, highlighting the importance of innovative engineering solutions in today's global context.

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