3 years ago

Slingshot Simulations Raises £3 Million for Digital Twin Platform Expansion

  • Slingshot Simulations, a University of Leeds spinout, has secured £3 million in Series A funding to expand its 'simulation as a service' product, Compass Engine

  • The platform allows businesses to upload data, create virtual representations, and develop digital twins

  • The funding will be used to expand the customer base and develop new features focused on sustainability and decarbonization

  • The investment came from Northern Gritstone, Mercia, and the Northern Powerhouse Investment Fund.

      • ProblemTechnology

      "Many businesses struggle to use simulation technology due to its complexity and cost. This limits their ability to make informed decisions and innovate."

      Solution

      "Slingshot Simulations provides a no-code platform called Compass Engine that allows businesses to easily create digital twins and virtual representations of their operations. This enables them to simulate different scenarios, test new ideas, and make better decisions."

      Covered on