2 years ago

Secondmind Raises $16 Million to Accelerate Software-Defined Vehicle Optimization

  • Secondmind, a UK-based software-defined vehicle company, has secured $16 million in funding led by Mazda, with participation from Amadeus Capital Partners, Atlantic Bridge Ventures, and Cambridge Innovation Capital

  • The company will use the funds to scale its business, including sales and marketing efforts and accelerating its cloud-native optimization engine development

  • The investment from Mazda strengthens their strategic partnership focused on AI-driven automotive innovation and engineering efficiency.

      • ProblemTechnology

      "automotive design and development processes are complex, requiring significant time and resources for simulation and calibration, hindering the development of efficient and innovative vehicles"

      Solution

      "Secondmind provides a cloud-native optimization engine that significantly reduces design simulation time and calibration overhead, enabling engineers to create more efficient, sustainable, and innovative vehicles"

      Covered on