BMW i Ventures Announces Investment in Simr

May 23, 2024 by BMW

BMW i Ventures announced today an investment in Simr, a cloud simulation company that gives engineers a single platform for using any compute resources with any leading simulation tool. The company's newly launched Simulation Operations Automation (SimOps) platform has the potential to revolutionize how engineers design, verify, and test products by automating sophisticated simulations in the cloud. Simr secured $20M in Series A funding led by Uncorrelated Ventures, with investments also from BMW i Ventures and Earlybird Venture Capital. The funding will drive further expansion into North America and Europe, while also growing the company's engineering and product innovation teams.

With the launch of SimOps, Simr (formerly known as UberCloud) is making cutting-edge practices in computer simulations available to design engineers everywhere. The platform not only enables the implementation of SimOps best practices, but also boosts innovation and productivity among design engineers, while enabling IT and operational control. Simr is closely partnered with leading simulation platform providers including Ansys, Siemens and Dassault Systèmes.

'SimOps has the potential to revolutionize how companies design complex, breakthrough products by letting teams iterate and test their ideas in the time they were previously forced to waste waiting for simulations to be completed,' said Baris Guzel, Partner, BMW i Ventures. 'SimOps gives engineering teams the power to explore more options faster, and at lower cost. As manufacturing continues to evolve towards more digital and simulation-driven development processes, Simr is well-positioned to play a pivotal role in this transformation.'

'Simr lets engineers design better products by giving them the ability to design and validate literally anything they can conceive of at previously unimaginable speed,' said Burak Yenier, Co-Founder & CEO, Simr 'As demonstrated by the traction we have with the world's top companies and the support of our investors, there is a strong need for these unique innovations. SimOps is the much-needed new engine of manufacturing simulations.'