Portco highlight: Rescale

enterprise

capital

In portfolio since	Q4 2020
Total invested amount	$12,102,281

Rescale raised $115 million in Series D funding, bringing its total funding to over $260 million. The round included investments from Applied Ventures, Atika Capital, Foxconn, NVIDIA, Y Combinator, and other leading technology investors.

The company's story began on the Boeing 787 Dreamliner project, where founders Joris Poort and Adam McKenzie developed software technology that optimized aircraft wing designs, saving $180 million in costs. Their engineering experience inspired Rescale's mission to address computational challenges through cloud-based high-performance computing.

Today, Rescale is a digital engineering platform empowering engineers and R&D teams with advanced computing, intelligent data management, and applied AI. 

Rescale's platform provides a comprehensive solution for high-performance computing, offering over 1,250 applications across a global network of more than 500 cloud data centers. Customers like Arm, General Motors Motorsports, Samsung, and the U.S. Department of Defense use Rescale to accelerate product development and scientific discovery. Its technology enables breakthrough work ranging from drug development to automotive safety simulations, delivering up to 1000x speed improvements in design validation.

The company's early investors include prominent tech leaders Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel. The new funding will support the expansion of Rescale's digital engineering platform, including enhancing workflows, computing technologies, and AI capabilities.

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