“NTopology’s digital engineering software, which combines generative design (for example, lattices and topology optimization), workflow management, and production preparation, is bridging the limitations of existing computer-assisted design (CAD) programs for the advanced manufacturing sector.” Augmented CADĪccording to Rothenberg, the main verticals nTopology operates in are aerospace and defense, health care, automotive, and consumer applications.
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Siemens nx software#
“I founded nTopology … as I set out to find a design software solution that was specifically tailored to the needs of advanced manufacturing,” Rothenberg told VentureBeat via email. The company’s tools give its users control over spatial variations of shape, allowing for a range of designs and analyses. In 2016, the World Economic Forum predicted that full-scale digitization within 10 years could lead to savings between $0.7 and $1.2 trillion in design, engineering, and construction and $0.3 and $0.5 trillion in construction operations.įounded in 2015 by Bradley Rothenberg and Greg Schroy, nTopology’s software helps engineers create parts with functional requirements built in. According to a report by the Xpera Group, 95.5% of all data captured goes unused in the engineering and construction industry. In many respects, this was a positive development. Shifts that likely would’ve happened over years instead happened within a matter of months, as engineers found themselves with more time to pilot different design software. The pandemic accelerated digital transformation in the engineering sector. Oldslip Group, Root Ventures, Canaan Partners, Haystack, and Insight Partners participated in the tranche, which cofounder and CEO Bradley Rothenberg says will be put toward expanding the types of apps nTopology serves in the product development process.
Siemens nx series#
NTopology, a company that develops software used in the design and manufacturing of 3D-printed parts and products, today announced that it raised $65 million in a series D round led by Tiger Global, bringing the company’s total financing to $135 million at a $400 million post-money valuation. Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022.