Tech Company Financing Transactions
Secondmind Funding Round
Secondmind, based in Cambridge, England, scored $16 million from Amadeus Capital, Atlantic Bridge Ventures and Cambridge Innovation Capital.
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to scale key aspects of its business, including ramping up sales and marketing and accelerating the development of its cloud-native optimization engine.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
72 Hills Road
Cambridge, England, CB2 1LA
UK
Cambridge, England, CB2 1LA
UK
Phone
Undisclosed
Website
Email Address
Overview
Secondmind is the optimization engine for the software-defined vehicle. From reducing design simulation time and calibration overhead, to continuously improving energy efficiency and performance throughout the vehicle lifecycle, Secondmind cloud-native optimization solutions give engineers the tools and confidence to re-imagine the design, development and experience of driving, and accelerate the transition to carbon-neutral mobility.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary Brotman
Chief Financial Officer
Peter Bullivant
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