Neural Concept Funding, Investors & Competitors

Neural Concept has raised $136M across 3 funding rounds, most recently a $100M Series C in December 2025.

Last Neural Concept funding round

$100M

Series C · Dec 2025

Cumulative funding Neural Concept raised

$136M

across 3 funding rounds

Key investors in Neural Concept

  • HTGF
  • Alven
  • Aster
  • Forestay Capital
  • D. E. Shaw & Co.
  • CNB Capital
  • Goldman Sachs Asset Management

Neural Concept Overview

About Neural Concept

Neural Concept is an AI software provider for 3D shape optimization in aerospace and automotive design. Its Shape 3D platform uses generative AI to explore millions of geometries, cutting simulation times by 90%. Lausanne-headquartered and founded in 2018 from EPFL labs, it counts Airbus and Scania as customers for CFD and crash analyses.


Founded

2018

HQ

SwitzerlandLausanne

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Neural Concept Funding History

Neural Concept has raised a total of $136M across 3 funding rounds.

Neural Concept's first fundraising round was a $9M Series A in March 2022. The most recent completed round was a $100M Series C in December 2025.

Neural Concept funding rounds

Neural Concept funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Series CGoldman Sachs Asset Management (lead); Aster; Alven; Forestay Capital; HTGF; D. E. Shaw & Co.$100MNeural Concept, a Lausanne, Switzerland-based AI platform and leader in Engineering Intelligence, develops CAD-native, physics-aware AI for product development, enabling engineers to explore millions of design options early, saving customers $50 million annually, reducing late-stage redesigns by 30-50%, and accelerating time to market by up to two years. The platform powers next-generation workflows for over 50 global companies including General Motors, General Electric Vernova, Leonardo Aerospace, Eaton, Safran, Renault Group, and multiple Formula 1 teams. On December 18, 2025, Neural Concept closed a $100 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Forestay Capital, Alven, HTGF (High-Tech Gründerfonds), D.E. Shaw Ventures, and Aster Capital. This follows their $27 million Series B in 2024. The company reported a fourfold increase in enterprise revenue over the past 18 months prior to the round. Proceeds will accelerate product development, including a breakthrough generative CAD capability in early 2026, expand global go-to-market teams, and deepen partnerships with Nvidia, Siemens, Ansys, Microsoft, and AWS to position the platform as the intelligence layer across engineering systems, with a focus on US growth.
Jun 2024Series BForestay Capital (lead); Aster; Alven; HTGF; D. E. Shaw & Co.; CNB Capital$27MNeural Concept is an Engineering Intelligence platform based in Lausanne, Switzerland, that uses 3D Deep Learning and AI to transform product design. The company was spun out of the Swiss Federal Institute of Technology in Lausanne (EPFL) and serves major industries including automotive, aerospace, energy, consumer electronics, semiconductors, and defense. On June 3, 2024, Neural Concept announced a $27 million Series B funding round led by Forestay Capital, with participation from D.E. Shaw Group and existing investors Alven, CNB Capital, HTGF, and Aster Capital. The company's platform delivers CAD-native, physics-aware AI and deep reasoning for engineering workflows, saving customers $50 million annually, reducing late-stage redesigns by 30-50%, and accelerating time to market by up to two years. By December 2025, Neural Concept had raised a subsequent $100 million Series C led by Growth Equity at Goldman Sachs Alternatives, and the company reported a fourfold increase in enterprise revenue over the 18 months following the Series B round. The platform is used by more than 50 global companies, including General Motors, General Electric Vernova, Leonardo Aerospace, Eaton, Safran, Renault Group, and multiple Formula 1 teams. The company plans to expand its technology with generative CAD capabilities and strengthen partnerships with industry leaders such as Nvidia, Siemens, Ansys, Microsoft, and AWS.
Mar 2022Series AAlven (lead); Aster; HTGF; CNB Capital$9MNeural Concept raised a $9.1 million Series A round on March 22, 2022, led by Alven with participation from Aster, CNB Capital, and HTGF. The funding aimed to scale its Engineering Intelligence platform based on Geometric Deep-Learning to accelerate R&D cycles and enhance product performance in industries like automotive and aerospace. Over the prior 12 months, customer companies tripled, with successful integration into automotive OEMs and Tier 1 design toolchains. The round followed a $2 million Seed in 2020 and preceded a $27 million Series B in June 2024 led by Forestay Capital, and a $100 million Series C in December 2025 led by Growth Equity at Goldman Sachs Alternatives.

Who has invested in Neural Concept?

7 investors have backed Neural Concept across its funding rounds, including HTGF, Alven, Aster, Forestay Capital, D. E. Shaw & Co. and CNB Capital.

Lead investors include Goldman Sachs Asset Management, Forestay Capital and Alven.


Neural Concept Investors

Investors in Neural Concept by funding rounds participated
InvestorHQRoundsRoleFirst check
AsterFranceParis3ParticipantMar 2022
AlvenFranceParis3LeadMar 2022
HTGFGermanyBonn3ParticipantMar 2022
Forestay CapitalSwitzerlandGeneva2LeadJun 2024
D. E. Shaw & Co.United StatesNew York City, NY2ParticipantJun 2024

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Neural Concept Competitors

Neural Concept competitors include listed companies like Adobe and SAP, and private ones like Genesys, Legora, Factory and Anthropic.

Public and private companies comparable to Neural Concept
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GenesysUnited StatesSan Francisco, CAPrivate$2.1B$900M$15B7.1x
LegoraSwedenStockholmPrivate$100M-$5.6B56.0x
FactoryUnited StatesSan Francisco, CAPrivate--$5B-
AdobeUnited StatesUnited StatesPublicly listed$24B$9.3B$100B3.9x
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
SAPGermanyGermanyPublicly listed$42B$13B$248B5.4x

Neural Concept Public Comps

Neural Concept is still privately-owned, but its public comps include Palantir, CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Adobe, Datadog, Moody's and Cadence Design Systems.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
SAP$42B$13B5.8x5.4x18.4x17.1x
Salesforce$42B$13B5.5x5.2x17.8x12.2x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x

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Common questions about Neural Concept

When was Neural Concept founded?Neural Concept was founded in 2018.
Where is Neural Concept headquartered?Neural Concept is headquartered in Lausanne, Switzerland.
Is Neural Concept publicly listed?No, Neural Concept is a private, VC-backed company.
How much funding has Neural Concept raised?Neural Concept has raised $136M across 3 funding rounds.
What was Neural Concept's last funding round?Neural Concept's last funding round was a $100M Series C in December 2025, led by Goldman Sachs Asset Management.
Who are Neural Concept's investors?Neural Concept's investors include Aster, Alven, HTGF, Forestay Capital, D. E. Shaw & Co., CNB Capital and Goldman Sachs Asset Management.
Which companies are comparable to Neural Concept?Companies comparable to Neural Concept include Genesys, Legora, Factory, Adobe, Anthropic and SAP.

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