Uncorrelated Ventures
Assembly Line
Simr, Formerly UberCloud, Ushers in SimOps to Revolutionize Product Development and Introduction in Manufacturing by Accelerating Computer-based Simulations by an Average of 10X
Simr, formerly known as UberCloud, unveiled Simulation Operations Automation (SimOps), making best practices in computer simulations implemented by the majority of the design engineers at three of the Magnificent Seven companies available to design engineers everywhere. The company also announced that it has secured $20M in Series A funding led by Uncorrelated Ventures, with investments from BMW i Ventures and Earlybird Venture Capital.
Simr, which gives engineers a single platform for using any compute resources with any leading simulation tool, is revolutionizing how engineers design, verify, and test products by automating sophisticated simulations in the cloud. It does so while eliminating the need to specify, procure, implement, and manage complex High-Performance Computing (HPC) environments. The platform enables the implementation of SimOps best practices, boosting innovation and productivity among design engineers while enabling IT and operational control. The company is closely partnered with leading simulation platform providers, including Ansys, Siemens, and Dassault Systèmes.
Pando raises $30 million amidst funding winter, to future-proof enterprise supply chains
Supply chain software leader, Pando, today announced its Series B funding of $30 million, bringing total capital raised so far, to $45 million. The round was led by marquee Silicon Valley investors Iron Pillar and Uncorrelated Ventures, with participation from existing investors Nexus Venture Partners, Chiratae Ventures and Next47. The fresh funds will be used to drive Pando’s growth across geographies and industries.
Ixana raises $3M with breakthrough wearable silicon chip
Ixana, the wearable hardware company developing high-speed human-computer interfaces, announced it has closed $3 million in seed funding and is backed by Uncorrelated Ventures, Samsung Next, Evonexus, Paradigm Shift and Hack VC.