Vinci raises $250M at a $1.5B valuation for physics simulation
The Palo Alto startup, whose software simulates physics for chip and hardware design, closed a Series B led by Advent, Temasek and Xora Innovation. Earlier backers Eclipse and Khosla Ventures took part again, according to The Next Web. CEO Hardik Kabaria told Reuters, as relayed by RuntimeWire, that the money will fund computing, hiring and new products.
- AMD Ventures was among the startup funds that joined, according to SiliconANGLE.
- SiliconANGLE names the company as Vinci4D Inc.
- Madrona also participated, according to The Next Web.
Covered by 3 publishers within 13 hours of the first report.
Reporting3
The Next Web Chip simulation startup Vinci raises $250m at a $1.5bn valuation · Cristian Dina
RuntimeWire Vinci raises $250M to expand physics simulation beyond chip heat · RuntimeWire Staff
SiliconANGLE Vinci reels in $250M for its engineering simulation platform · Maria Deutscher
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Topics AMD