Funding
Engineering software startup Rescale raises $115 million from Applied Materials, Nvidia
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Rescale, a San Francisco-based startup that makes engineering software used to design race cars and computer chips, raised $115 million on Monday in venture financing.
Backers in the round included the venture arm of semiconductor manufacturing equipment maker Applied Materials and Nvidia, the world’s biggest maker of artificial intelligence chips.
Rescale’s software helps engineers simulate complex physical systems during the design process, for example by simulating how wind would flow around different design ideas for a race car before building a…
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