New investment alert!
Vsim ’s revolutionary architecture and set of algorithms enable companies in robotics, AI, Visual FX, research, and the industrial metaverse to fast track a wide range of cross-disciplinary, high quality physics simulations. The seed funding round led by EQT Ventures will support the growth of Vsim’s exceptional team as the company seeks to build a full-stack solution tailored to robotics.
Co-founded in 2022 and led by Michelle Lu, CEO, and Kier Storey, CTO, Vsim benefits from its founders’ 20 years of experience in physics simulation that include over a decade each in Nvidia's simulation technology team, developing open-source physics engines.
Sandra Malmberg 👋, the partner at EQT Ventures who led the round, said in an interview with TechCrunch: “The reason we’re excited about simulation is that it’s fundamental to a lot of different sectors, ranging from research to entertainment to manufacturing, pharma and robotics. Simulation tools today are built for a world with a limited degree of freedom and for fixed environments, but as ambitions for applications grow, robots (and other autonomous machines) will need to make decisions in real time and in the real world, which is dynamic and unpredictable. “There is no simulation platform for that today,” Malmberg continued. “This calls for a high performance simulation where you can act with speed, in real time, with accuracy, taking the room and the world into consideration. And this is what Vsim is building. They can enable robots initially and later, they will do more.”
Excited to be part of this alongside Factorial Funds, Samsung Next, Tru Arrow Partners, Xora Innovation (a fully owned subsidiary of Temasek), IQ Capital, Koro Capital, Concept Ventures, Lakestar Scout Fund, and Carles Reina. This follows a pre-seed fundraise led by Concept Ventures in 2023.
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2wis this available as a recording?