Swiss-based Neural Concept Secures €85 Million In Funding With Partners Nvidia, Siemens, And Microsoft

The round was led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Forestay Capital, Alven, HTGF, D.E. Shaw Ventures, and Aster Capital.

“We founded Neural Concept with the ambition to enable complete AI-driven design of advanced systems like tomorrow’s cars and spacecrafts,” said Dr Pierre Baqué, CEO and founder of Neural Concept.

In 2025, EU-Startups reported continued investor activity across European AI platforms operating in areas related to engineering intelligence.

Vienna-based Optimuse raised a €4 million Seed round to scale its AI-driven building engineering software, while London’s PolyAI secured €73.2 million in a Series D to expand its enterprise conversational AI platform. Also in London, Ankar closed a €17 million Series A to grow its AI-driven intellectual property software, and Iconic raised €11 million at Seed stage for an on-device AI platform focused on gaming. In Sweden, Stockholm-based Lovable announced a €281 million Series B to scale its AI-native full-stack software creation platform.

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In total, these rounds represent approximately €386 million in disclosed funding within the European AI software and platform sector in 2025.

Against this backdrop, Neural Concept’s €85 million Series C positions it among the larger mid-to-late-stage raises in Europe this year particularly at the higher end for AI platforms focused on industrial engineering and product development. Other rounds in this segment remain earlier-stage and smaller in size.

“Advances in AI are transforming engineering from a process of trial and error into a data-driven workflow where tradeoffs and constraints can be understood and optimised from the start. This investment enables us to fast-track our progress toward establishing the intelligence layer powering every engineering team, worldwide,” adds Dr Baqué.

Founded in 2019 and spun out of the Swiss Federal Institute of Technology in Lausanne (EPFL), Neural Concept offers an AI-first engineering platform for product development. By integrating AI directly into design and simulation workflows, Neural Concept empowers engineering teams to reduce development cycles from "months to days," enhance product performance in terms of efficiency, safety and sustainability, and scale AI adoption without the need for costly, lengthy integration processes.

The company supports product development across industries such as automotive aerospace, energy, consumer electronics, semiconductors, and defense, partnering with leading global OEMs and component suppliers.

Neural Concept’s platform helps customers build and deploy physics-aware design copilots enabling teams to explore millions of design options early in the process. This approach helps avoid costly late-stage changes and accelerates the entire product development cycle.

“Neural Concept’s technology represents a rare leap forward in enterprise engineering AI ” said Lambert Diacono Executive Director Growth Equity at Goldman Sachs Alternatives.

The team will use the funding to accelerate product development including the launch of a generative CAD capability in early 2026. The company also plans to expand its global go-to-market (GTM) teams and strengthen its position as the intelligence layer across engineering systems. Additionally, it aims to deepen partnerships with industry leaders such as Nvidia, Siemens, Ansys, Microsoft, and AWS.

“As demand accelerates for AI that drives real impact in complex industrial workflows, Neural Concept is emerging as one of the leading companies in the market,” affirmed Christian Resch, Partner, Head of EMEA Growth Equity at Goldman Sachs Alternatives.