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."

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