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Temasek-backed Xora Innovation leads US$46 million funding in Vinci

by Sarkiya Ranen
in Technology
Temasek-backed Xora Innovation leads US million funding in Vinci
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[SINGAPORE] Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday (Dec 2).

The Series A round was led by Temasek-backed venture capital fund Xora Innovation, with participation from Khosla Ventures and Eclipse.

Silicon Valley-headquartered Vinci said that its software combines proven physics methods with an AI model to deliver simulations up to 1,000 times faster than conventional tools, and with higher accuracy.

Founder and chief executive Hardik Kabaria said: “Vinci empowers engineers to simulate how designs will perform in seconds instead of days, doing so at a fraction of the compute cost.”

More than 10 semiconductor companies were also said to have independently benchmarked Vinci’s results against their traditional finite element analysis solvers and experimental data.

Vinci said that, in every case, its simulations matched or exceeded the accuracy of established methods. In several instances, they even correlated closely with experimental data – all while delivering results in a fraction of the time.

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Amperesand engineers perform testing on its medium-voltage solid-state transformer power solution. The platform cuts installation labour needs by half and accelerates time to power by 10 times.

Xora’s managing partner and chief investment officer, Phil Inagaki, noted: “Vinci has demonstrated the ability to deliver lightning-fast, high-accuracy simulations without requiring customer data for some of the world’s most complex physical devices, state-of-the-art semiconductor packages.”

Eclipse partner Charly Mwangi added: “Few teams combine deep physics expertise with the ability to ship real, production-ready software.”

Vinci describes its system as production-ready out of the box, and requiring no training or customer data to achieve full accuracy.

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Tags: FundingInnovationLeadsMillionTemasekbackedUS46VinciXora
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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