SEOUL, South Korea, June 16, 2026 – Neural Concept has opened its first direct office in APAC, establishing a presence in Seoul to support regional deployments.
“South Korea is one of the world’s most advanced manufacturing countries, and it is becoming a defining market for the next generation of engineering. The shift is no longer about experimenting with AI around the edges. It is about embedding Engineering Intelligence into core product development workflows. Opening our Seoul office allows us to support that transition directly, with the proximity and long-term commitment our customers expect.” said Pierre Baqué, CEO and founder at Neural Concept.
“We see Seoul as a strategic base for one of the world’s most important engineering ecosystems. From automotive and electrification to shipbuilding, electronics and semiconductors, Korean manufacturers are setting the pace in industrial innovation. A direct presence allows us to support customers locally, accelerate adoption and help teams turn AI into an operational capability, beyond a promising concept.” said Jiwon Jung, regional sales director for APAC at Neural Concept.
Neural Concept has appointed Dr. Eunjoo Lee as a board advisor. Dr. Lee has more than two decades of experience in enterprise AI and digital transformation, including previous roles as CEO of IBM Korea and executive vice president at Samsung.
“Neural Concept’s platform demonstrated promising capabilities that could help accelerate our design workflows and make AI adoption far more practical,” said Dongkwon Lee, SVP of Basic Performance Research Center, Hanwha Ocean.
The Seoul office follows Neural Concept’s expansion in the United States and its $100 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives. The company said adoption is increasing across Korea and Japan, and it is investing to support manufacturers deploying Engineering Intelligence across enterprise workflows.
Source: Neural Concept
About Neural Concept
Neural Concept is a software company founded in 2018 and headquartered in Lausanne, Switzerland. It develops AI software for engineering design and simulation workflows. The company’s platform integrates with CAD and simulation tools to support product development and performance analysis. Its customers include OEMs and suppliers across automotive, aerospace, energy, semiconductors, consumer electronics, and defense sectors. Neural Concept’s technology is used for design exploration, performance prediction, and analysis of geometry and simulation data during development programs. The company originated from research at the Swiss Federal Institute of Technology in Lausanne. Neural Concept operates offices in Munich, Germany, and New York, with additional presence in the Asia-Pacific region. It is backed by investors including Goldman Sachs, Forestay Capital, and D. E. Shaw Group. The company reports more than 70 global customers and about 70 employees worldwide.