HTGF and Consantia Industries have pumped funding into EPFL spinout Neural Concept, which believes its deep learning technology will reduce lead times for manufacturers of physical goods.
Neural Concept, a Switzerland-based computer-assisted engineering and design software creator spun out of École polytechnique fédérale de Lausanne (EPFL), has attracted a seven-figure euro (€1m = $1.1m) sum in a round backed by public-private partnership High-Tech Gründerfonds.
The round also featured Constantia New Business, the investment arm of industrial conglomerate Constantia Industries.
Founded in 2018 as a spinout from EPFL’s computer vision laboratory, Neural Concept has created a computer-assisted engineering and design software platform that relies on deep…