Dessia funding news – Paris-based Dessia Secures €3 Million in Funding

Industrials face unprecedented challenges: shortened product-to-market timelines, eco-friendly designs, increased performance, all within cost constraints. Dessia addresses these challenges by offering engineering teams an AI-powered Generative Engineering software solution that shortens development time for new product generations.

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As part of this fundraising, it will provide Orano, an international player in nuclear materials, with innovative "generative design" solutions. This will allow engineers to develop and implement AI programs to automate the generation of multiple system architectures, thereby improving engineering study performance.

This funding will support it's international expansion, with the sales and marketing teams expanding to forge new industrial partnerships across Europe, followed by other continents.

Jean-Pierre Roux, CEO of Dessia said, "This new fundraising is a decisive step for Dessia. It gives us the means to realize our ambition to become the global leader in engineering automation."

Pierre-Emmanuel Dumouchel, CSO and founder of Dessia said, "With this funding, we will continue to develop our platform by integrating customizable agents based on proprietary AI. These agents are designed to mimic engineers’ working methods, providing valuable support in addressing the economic and environmental challenges facing engineering teams."

Robert Gallenberger, General Partner at Matterwave Ventures said, "We are convinced that Dessia’s engineering process automation technology will have a long-term impact far greater than the automation of financial and administrative processes with RPA tools, which are already widespread in large industrial groups."

François Breniaux, General Partner at Supernova Invest said, "At Supernova Invest, we support startups that bring breakthrough innovation to enhance their clients' industrial performance. Dessia perfectly embodies this vision for industrial engineering teams, and we are proud to continue supporting its next phase of international growth."

David Claverie, CFO of Orano Group said, "We are delighted to support Dessia in developing innovative automation solutions for the engineering sector. Its advanced technology has already proven effective with large industrial companies, and we believe in its potential application in nuclear engineering. This first investment marks Orano Venture Fund's ambition to support high-potential startups aligned with our investment thesis in advanced industrial technologies and the circular economy to meet decarbonization challenges."

About Dessia

Dessia is a startup that develops a software environment incorporating artificial intelligence algorithms to create and use AI-driven business applications. Clients build and operate customized AI-Apps to digitize and automate their design and manufacturing engineering processes, enabling the capture and perpetuation of their expertise. Clients benefit from reduced development time, first-time-right designs, innovative design solutions, and the digitization of engineering knowledge.