Nvidia, Applied Materials Back Digital Engineering Startup In $115M Round

Shivani Kumaresan

April 07, 2025

Digital engineering startup Rescale has secured $115 million in Series D funding, raising its total funding to more than $260 million.

Investors in the round included chip giant, Nvidia Corp (NASDAQ:NVDIA), the venture capital arm of semiconductor company Applied Materials Inc (NASDAQ:AMAT), Hitachi Ventures, Foxconn, and Y Combinator, among others.

Rescale also counts early backers like Sam Altman, Jeff Bezos, and Peter Thiel among its notable supporters.

Rescale's platform integrates high-performance computing (HPC), data intelligence, and applied AI to streamline product development across sectors such as aerospace, life sciences, automotive, and defense.

Rescale is under the helm of founder and CEO Joris Poort.

Also Read: Regional Airline Shakeup: Republic, Mesa To Merge In All-Stock Deal

Rescale serves a roster of high-profile clients, including General Motors Motorsports, Samsung, Arm, and the U.S. Department of Defense.

These organizations collectively invest more than $1 billion annually into HPC infrastructure, relying on Rescale's tools for tasks like crash simulation, aerodynamics optimization, and drug development acceleration.

The funding will fuel the company's plans to scale its unified platform for digital R&D innovation and scientific discovery. The company plans to deepen partnerships with providers like Amazon Web Services, Microsoft Azure, Intel, and Oracle Cloud Infrastructure.

Enhancements will include unified data fabrics, security upgrades, and automation tools designed to deliver massive speed improvements over 1,000x in validating designs using AI Physics models.

"With Rescale's full-stack NVIDIA software and infrastructure, industries can push the boundaries of AI-driven modeling and simulation--advancing discovery, design, and engineering at an unprecedented pace,” said NVIDIA founder and CEO, Jensen Huang.

With HPC now a $50 billion industry, and simulation software and product lifecycle data management valued at $20 billion and $30 billion respectively, Rescale helps companies in integrating compute, data, and AI capabilities.

Read Next:

Verizon’s Private 5G Will Help Tackle Broadcast Challenges

Image: Shutterstock

Recommended

The Surprising New Date That Could Fuel the AI Boom - Ad

The Tesla Shock Nobody Sees Coming - Ad

Don't Touch Tesla Stock Without Reading This First - Ad

Bitcoin (CRYPTO: BTC) hit a new all-time high of $124,000 overnight on Wednesday, fueled by the inclusion of cryptocurrency investments in 401(k) retirement plans and macroeconomic optimism.

WhatsApp And Telegram Users In Russia Face New Restrictions On Voice Calls As Trump-Putin Alaska Meet Looms

Russia has partially blocked audio calls on WhatsApp and Telegram as part of a broader internet control strategy, coinciding with rising tensions ahead of President Trump's planned meeting with Vladimir Putin in Alaska.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

Inspire Veterinary Shares Surge 65% On Q2 Report, Acquisition Deal

IVP's stock jumped 64.61% in after-hours trading following plans to acquire a New Jersey animal hospital, despite ongoing financial struggles and lower revenue.

Jim Cramer Recommends This 'Really, Really Good' Energy Stock

Cramer also looks at Shutterstock and Getty. One of these companies "doesn't really have the growth" that he'd like to see.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

Dan Bongino Stunned by FBI's Recent Corruption Findings: 'I'll Never Be the Same After Learning What I've Learned'

FBI Deputy Director Dan Bongino has expressed deep concern over the discoveries of government corruption and weaponization.

Naval Ravikant Says If You're Not '100% Into It,' Someone Else Will Always Beat You: Here's Why

Naval Ravikant argues that excellence comes from sustained obsession, not credentials. Pursue specific knowledge that naturally interests you.

Wall Street Says BUY GOLD, But...

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Microsoft Authenticator is ending password autofill soon. How to set up a passkey before Aug. 1

NEW YORK (AP) — If you're a Microsoft Authenticator user, like me, you’ve probably received at least one notice that the app's password management features are no longer usable and that your stored passwords will be deleted on Aug. 1. Yes, you read right, your passwords will be DELETED this Friday.

When Jamie Dimon's Daughter Asked If They Have To 'Sleep On Streets' After He Was Fired From Citigroup: 'It Was My Net Worth, Not My Self-Worth...'

Jamie Dimon, recently shared a personal anecdote about the day he was fired from Citigroup and the impact it had on his family and career.

Better Than Bitcoin? (Top Crypto for Less Than $1)

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Pilot arrested on child sex abuse material charges after landing at San Francisco airport

SAN FRANCISCO (AP) — A pilot was arrested aboard a Delta Air Lines flight and federal agents took him into custody from the cockpit after the plane landed at San Francisco International Airport.

It’s moo-ving day for dairy cattle at Michigan State University

EAST LANSING, Mich. (AP) — Dozens of dairy cattle were on the moo-ve Monday at Michigan State University.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Thermo Fisher, Baker Hughes And IQVIA Holdings Are Among Top 10 Large Cap Gainers Last Week (July 21-July 25): Are The Others In Your Portfolio?

Medpace, ICON, and West Pharma led last week's large-cap rally, driven by strong earnings beats and upgraded guidance.

Ranchers say expanding herds to take advantage of record retail beef prices isn't so simple

MINNEAPOLIS (AP) — In a period when retail beef prices are at an all-time high and consumers are still willing to pay, South Dakota rancher Calli Williams would love to cash in. But it's not so simple.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

The Tea app was intended to help women date safely. Then it got hacked

Tea, a provocative designed to let women anonymously ask or warn each other about men they'd encountered, rocketed to the top spot on the U.S. Apple App Store this week. On Friday, the company behind the app confirmed : Thousands of images, including selfies, were leaked online.

Mark Cuban Says This Trump Administration Move Is 'One Of the Dumbest….'

Mark Cuban slams Commerce Dept's plan to charge patent holders a percentage of their patent value as 'dumbest idea in business history'.

If You Missed Tesla, Here's Your "Second Chance"...

If You Missed Tesla, Here's Your "Second Chance"... - Ad

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Warren Buffett's 2005 Warning Echoes Louder As Social Security Faces $18,100 Benefit Cut By 2033, CRFB Warns

Social Security faces dire future if Congress doesn't act. Analysis warns of 24% cuts in 7 years and insolvency for Medicare. Warren Buffett raised concerns 20 years ago.

Trump's $200 Million White House Ballroom Addition Plan See Experts Cry Out For More Guardrails: 'There Aren't Any Checks And Balances'

Experts warn Trump's plan to add a $200 million ballroom to the White House risks sacrificing history for haste. Funding and oversight are also concerns.

The Surprising New Date That Could Fuel the AI Boom

The Surprising New Date That Could Fuel the AI Boom - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

What's Going On With Rocket Lab Stock Today?

Rocket Lab shares dipped 1.41% to $43.88 despite a flawless Electron mission, Stifel's buy rating (raising its target to $55).

Trump's New EU Trade Deal Labeled 'Bad News' By Economists As Dow Futures Spike Over 150 Points

President Donald Trump's latest trade deal with the European Union (EU) is drawing sharp criticism from several leading economists, who argue that it will disproportionately harm American consumers and businesses.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Mexican authorities accuse Adidas of cultural appropriation over new sandal design

MEXICO CITY (AP) — Mexican authorities are accusing sportswear company of plagiarizing artisans in southern Mexico, alleging that a new sandal design is strikingly similar to the traditional Indigenous footwear known as huaraches.

Align Technology Stock Tumbles Wednesday: What's Going On?

Align Technology shares are tumbling in Wednesday's after-hours session after the company reported worse-than-expected results for the second quarter and issued soft guidance.

Don't Touch Tesla Stock Without Reading This First

Don't Touch Tesla Stock Without Reading This First - Ad

Jeff Brown, an early Tesla bull, warns of a strange "Tesla Glitch" uncovered by Wall Street legend Larry Benedict. This anomaly has preceded $25B-$100B swings in Tesla's value - and he's using it to anticipate moves without buying or shorting a single share.

Lockheed Martin Scores $14 Billion Canada Win As Military Snubs EU Jets Despite 45% Cost Surge: Report

Canadian defense officials strongly recommend sticking with Lockheed Martin Corp. F-35 fighter jets over European alternatives.

Nvidia's $8 Billion Loss May Be Averted As US Approves H20 Chip Exports To China Amid Trad Tensions: Report

Nvidia has received U.S. Commerce Department licenses to resume exporting its H20 AI chips to China, potentially avoiding an $8 billion loss while navigating growing competition and ongoing geopolitical tensions.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

The July Jobs report by the U.S. Bureau of Labor Statistics, released on Friday, is raising concerns among economists, who warn that the latest data and sharp downward revisions point to a labor market that is losing momentum and potentially edging toward a recession.

BYD Surpasses Tesla In Fortune Global 500 List Amid Sales Slump For Elon Musk's EV Giant

BYD surpassed Tesla on Fortune Global 500 list, with BYD at #92 and Tesla at #102. BYD's growth in global markets may be a factor.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

India Stands Firm on Russian Oil Imports Despite Trump's Sanction Threats

In the face of potential penalties threatened by President Trump, India has affirmed its decision to continue buying cheap oil from Russia.

Cathie Wood Scoops Up $38 Million Worth Of AMD Stock As It Slips — Dumps Palantir And Shopify At Highs

Ark Invest, led by Cathie Wood, made significant trades in AMD, Palantir, and Shopify in response to recent market developments and earnings reports. AMD's stock declined, but the company remains optimistic about AI-driven growth. Palantir's stock reached an all-time high after impressive earnings, while Shopify's stock surged thanks to strong Q2 results.

Wall Street Says BUY GOLD, But...

Wall Street Says BUY GOLD, But... - Ad

Vlad Tenev Says Robinhood Revenue Could Become 'Rather Large' Amid Tokenization Push As HOOD Stock Surges 13% Over A Month

Robinhood Markets Inc. CEO Vlad Tenev shared his perspective on the potential role of cryptocurrency in the company's future revenue in a podcast aired Tuesday, August 5.

Trending Now