What is OnScale?
Founded in 2017, OnScale specializes in cloud-based multiphysics solver technology, offering a platform that merges advanced simulation capabilities with cloud High Performance Computing. This approach is designed to overcome the limitations of traditional simulation tools, thereby reducing development costs and accelerating time-to-market for complex products. The company's reach is international, with a presence in North America, the United Kingdom, and Europe, serving diverse markets through its software solutions and mobile application.
How much funding has OnScale raised?
OnScale has raised a total of $10.3M across 2 funding rounds:
Series A
$10M
Debt
$350K
Series A (2019): $10M with participation from Intel Capital and Gradient Ventures
Debt (2020): $350K led by PPP
Key Investors in OnScale
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute technologies.
Gradient Ventures
Gradient Ventures is a venture fund focused on artificial intelligence and machine learning startups.
PPP
Public-Private Partnership
What's next for OnScale?
With this major enterprise-level funding, OnScale is poised to further enhance its cloud-based simulation platform and expand its market reach. The strategic investment will likely fuel advancements in its multiphysics solver technology, particularly for high-growth sectors like 5G infrastructure, advanced biomedicine, and autonomous vehicle development. Continued investment in its global presence and software solutions is anticipated as the company solidifies its position as a leader in scalable engineering simulation.
See full OnScale company page
