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Vinci reels in $250M for its engineering simulation platform

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What happened

today announced that it has closed a $250 million funding round at a $1.5 billion valuation. They were joined by several startup funds including AMD Ventures.

Hardware engineers use simulations to find issues in their product designs. Advent, Temasek and Xora jointly led the Series B (an early stage of company funding) deal. For example, a car designer might [โ€ฆ] The post Vinci reels in $250M for its engineering simulation platform appeared first on SiliconANGLE .

Key facts

  • today โ€” announced: that it has closed a $250 million funding round at a $1.5 billion valuation

Sources & evidence