BMW i Ventures has announced its investment in Simr, a cloud simulation company that provides engineers with a unified platform to utilize any compute resources with any leading simulation tool.
Simr recently launched its Simulation Operations Automation (SimOps) platform, which aims to improve product design, verification and testing by automating complex simulations in the cloud.
Formerly known as UberCloud, Simr secured $20m in Series A funding led by Uncorrelated Ventures, with additional investments from BMW i Ventures and Uncorrelated Ventures. The funding will support Simr’s expansion into North America and Europe and the growth of its engineering and product innovation teams.
“SimOps has the potential to revolutionize how companies design complex, breakthrough products by letting teams iterate and test their ideas in the time they were previously forced to waste waiting for simulations to be completed,” said Baris Guzel, partner, BMW i Ventures.
“Simr lets engineers design better products by giving them the ability to design and validate literally anything they can conceive of at previously unimaginable speed,” added Burak Yenier, co-founder and CEO of Simr.