HTGF and Bayern Kapital invest in Simscale

Simscale will use the seed funding to further develop its platform.

HTGF is a German public/private partnership that was set up to back young, high potential high-tech start-ups. The fund typically invests €500,000 in seed rounds.

Bayern Kapital was set up in 1995 as part of the Bavarian state government's Bavarian Future Initiative. Its Seedfonds Bayern fund focuses on funding technology-oriented start-up companies in Bavaria.

Company
Founded in Munich in 2012, Simscale is a web-based platform that aims to simplify access to computer-aided engineering for engineering businesses. The product is being developed by five mechanical engineers, computer scientists and mathematicians.

Simscale integrates a range of simulation tools from fluid mechanics, structural mechanics and thermodynamics in one user interface that can be tested free of charge on the company's website.

People
Guillem Sagué and Wolfgang Härtl are investment managers at HTGF and Bayern Kapital, respectively. 

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• Topics
• Early-stage
• Technology
• DACH
• High-Tech Gründerfonds
• Germany
• seed