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Generative Engineering Secures €4 Million to Revolutionize Physical Engineering
London-based Generative Engineering secures €4 million in a pre-seed round with participation from Join Capital and EQT Ventures. The company aims to revolutionize physical engineering processes, addressing challenges in industries like aerospace and automotive.
Generative Engineering's platform allows engineers to generate and test thousands of designs quickly, potentially transforming sectors such as energy, decarbonization, and agriculture. The founding team, with backgrounds including Google and MIT, emphasizes the need for more efficient engineering solutions to tackle global challenges.
Founded in 2021, Generative Engineering facilitates the entire engineering lifecycle, offering a code-first integration framework for seamless tool integration. The engineering software market is estimated at $30 billion, and the platform holds potential for significant financial benefits in the broader industry valued at several hundred billion USD.
Join Capital and EQT Ventures express confidence in the team's rapid development, acknowledging Generative Engineering's potential to revolutionize engineering processes, reduce development schedules, and generate cost savings.