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Nvidia-backed AI engineering firm Rescale nets $115m series D
Rescale, a digital engineering platform, has raised US$115 million in its Series D funding round.
The funding round included investors such as Applied Ventures, Nvidia, Foxconn, and Hanwha Asset Management Deeptech Venture Fund, bringing the company’s total funding to over US$260 million.
Founded by early backers including Sam Altman and Jeff Bezos, Rescale offers tools for advanced computing, data management, and applied AI.
Its platform serves various industries, including aerospace, automotive, energy, and life sciences. It does this by integrating computing, data, and AI capabilities.
According to Rescale, the new funding will enhance its platform, expand workflows, and improve AI-powered engineering tools.
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