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High Tech Series A Founded 2019

ToffeeX

ToffeeX provides physics-driven generative design software for engineering, enabling users to craft optimized designs by setting goals and letting physics shape components. The cloud-native software leverages algorithms and optimization techniques to create designs meeting manufacturing constraints. Founded in 2019 in London, United Kingdom, the company has raised $7.3M in Series A funding from investors including…

📍 London, United Kingdom · Digital Twin,

Funding snapshot

Last roundSeries A
Amount$6M
Date8 August 2022
Total raised$7M
Valuation27,183,331 (Aug 8, 2022)
Team size39

About

ToffeeX provides physics-driven generative design software for engineering, enabling users to craft optimized designs by setting goals and letting physics shape components. The cloud-native software leverages algorithms and optimization techniques to create designs meeting manufacturing constraints. Founded in 2019 in London, United Kingdom, the company has raised $7.3M in Series A funding from investors including IQ Capital, Exor, and Imperial College London. The platform enables users to craft optimized designs by setting goals and letting physics shape components. Its cloud-native software streamlines the design process by leveraging algorithms and optimization techniques to create designs to meet the design and manufacturing constraints. Founded in 2019, headquartered in London, United Kingdom.

Business model

Manufacturing Tech > Product Design & Development > Computer-Aided Engineering > Physics Simulation,

Digital Twin > Digital Twin Platforms > Products > Manufacturing

Founders & team highlights

Serial Founder

Team background

College Wise > Imperial College London

Institutional investors

IQ Capital Royal Academy of Engineering Presidio Ventures Excellis Iuk-Business-Connect Exor Type One Ventures Entrepreneur First Imperial College London Audrey Gaymann

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