SAN FRANCISCO, CA, Apr 9, 2025 – Rescale has announced a $115 million Series D with participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator bringing total funding raised to over $260 million.
Rescale’s early investors include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel. The company aims to support engineers and R&D teams with advanced computing, data management tools, and applied AI solutions.
“Our future breakthroughs are limited not by imagination, but by the speed at which engineers and scientists can turn ideas into reality,” said Joris Poort, Rescale founder and CEO. “Today’s leading innovators face bottlenecks in limited compute, siloed data, and complexity of AI deployment. Rescale removes these barriers – empowering every engineer and scientist to accelerate discovery, scale impact, and shape the future faster.”
“Accelerated computing is the engine of the AI industrial revolution,” said Jensen Huang, NVIDIA founder and CEO. “With Rescale’s full-stack NVIDIA software and infrastructure, industries can push the boundaries of AI-driven modeling and simulation – advancing discovery, design, and engineering at an unprecedented pace.”
Companies are investing in technologies that speed up product development to meet the demand for innovation. High-performance computing has become a $50 billion market, product lifecycle data management is valued at $30 billion, and simulation software has grown to $20 billion. As these tools gain traction, teams face challenges combining complex software, hardware, and data systems into a single, easy-to-use setup. Applied AI is also advancing, but many businesses lack platforms to include AI in their analysis, modeling, and simulation tasks for fields like physics, chemistry, and biology. Rescale provides a platform that brings together computing, data, and AI tools into one system, helping teams focus on creating new ideas and solving problems.
Rescale is trusted by industry leaders advancing the frontier in aerospace, automotive, energy, life sciences, manufacturing, the public sector, and semiconductors. The company’s customers – which include Arm, General Motors Motorsports, Samsung, SLB, and the U.S. Department of Defense – spend over $1 billion annually in computing infrastructure to power their virtual product development and scientific discovery environments. Rescale supports mission-critical use cases, such as accelerating drug development through molecular analysis, optimizing aircraft aerodynamics, and enhancing automotive safety through crash simulations. Rescale enables innovators and scientists to bring advanced products to market efficiently.
“Rescale’s high-performance compute software platform is helping industry-leading companies, including Applied Materials, accelerate innovation through the power of advanced computing and intelligent data,” said Dr. Om Nalamasu, CTO of Applied Materials and president of Applied Ventures. “We’ve experienced firsthand how Rescale’s software product suite can speed our AI physics simulation capabilities and catalyze adoption of our digital twin initiatives. We look forward to building on our successful collaboration with Rescale to empower our engineers and scientists.”
Rescale’s funding will expedite growth of its comprehensive digital engineering platform for advanced computing, intelligent data, and applied AI. To support the increasing demand for its platform, Rescale is accelerating the delivery of its roadmap including:
- Expanding the range of new workflows and computing technologies available to its customers; growing its library of over 1,250 applications and global network of more than 500 cloud datacenters with its technology partners such as AMD, Amazon Web Services, Arm, Intel, Microsoft Azure, NVIDIA, and Oracle Cloud Infrastructure.
- Establishing a unified system for managing data and workflows across modeling and simulation processes, combined with AI-based tools for search, tagging, and automation. Enhancing enterprise security and compliance features, including new authorizations for government and defense clients.
- Helping industrial businesses adopt AI-driven engineering tools that simplify processes, automate tasks, and speed up design validation.
AI technologies are transforming how businesses stay competitive. Rescale’s digital engineering platform updates modeling and simulation for the AI era. Their cloud-based solutions offer flexibility and automation to improve product development and scientific research.
Source: Rescale
About Rescale
Rescale, founded in 2011 and based in San Francisco, CA, provides a cloud platform focused on high-performance computing (HPC) for engineering and research. The platform helps engineers and researchers speed up discovery, testing, and optimization by offering access to advanced computing systems and over 1,000 ready-to-use applications for simulations and AI/ML-driven design exploration. Rescale supports industries such as aerospace, automotive, energy, life sciences, manufacturing, semiconductors, and education. Its platform is built to improve product development and research by combining HPC, simulation, modeling, AI, and digital twin technology. As of January 2025, Rescale generates an estimated $75 million in annual revenue and employs about 216 people. The company has raised over $200 million in funding from notable investors. It has also been recognized for rapid growth, achieving a 592% revenue increase over three years and earning the 227th spot on Deloitte’s 2021 Technology Fast 500 list.