6 years ago
Simudyne Secures $6 Million Series A to Advance Simulation Technology
Simudyne, a simulation technology company, has raised $6 million in a Series A funding round led by Barclays
The round also saw participation from Graphene Ventures and Gauss Ventures
This brings the total capital raised by the company to $10 million
Simudyne will use the funds to continue investing in talent, accelerate engagement with the financial services sector, and expand the application of its software.
ProblemTechnology
"Traditional modelling approaches fail to capture the complexity of our dynamic world, making it difficult for businesses, especially in finance, to accurately predict and manage risk."
Solution
"Simudyne offers a platform that uses agent-based simulation to help clients quickly and easily simulate millions of scenarios, enabling them to test decisions, mitigate risk, and gain foresight to drive growth."