Aiming to accelerate product design with AI, Trace.Space raises a seed round

February 6, 2025

, By Team SNFYI

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Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI.

One such is Trace.Space, coming out of Riga, Latvia. This AI-driven platform has been designed for engineers to develop industrial products.

With Western manufacturing currently under enormous…

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Aiming to accelerate product design with AI, Trace.Space raises a seed round

February 6, 2025

, Published By Team SNFYI

Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI.

One such is Trace.Space, coming out of Riga, Latvia. This AI-driven platform has been designed for engineers to develop industrial products.

With Western manufacturing currently under enormous…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

After DeepSeek leap forward, Russia’s Sberbank plans joint AI research with China

Next News

BlackBuck Hits Upper Circuit For 3rd Straight Session

Hi! This is Admin.

More like this

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