• Clipperton acted as the sole financial advisor to Neural Concept, the leading Engineering Intelligence platform that transforms product design with 3D Deep Learning, on its $27m growth financing led by new investors Forestay with the D. E. Shaw group, and the participation of existing investors Alven, CNB Capital, HTGF, and Aster Group.Funds raised in this latest round will be used to consolidate Neural Concept’s technology in the field, as well as accelerate its global recruitment and growth to meet strong customer demand across Europe, APAC, and the US.This deal solidifies Clipperton’s expertise in advising European category leaders in their acceleration rounds, including Kinvent’s €16m Series B with Eurazeo Nov Santé, or HarfangLab with its €25m growth financing with Crédit Mutuel Innovation, MassMutual Ventures, and Elaia.Our ClientFounded in 2018 and headquartered in Lausanne, Switzerland, Neural Concept provides a leading end-to-end platform that places 3D AI at the center of the product development process to revolutionize the way engineers conceptualize, design, and validate products with Engineering Intelligence within the Automotive, Micro-electronics, Aerospace, and Energy industries. Over 60 Original Equipment Manufacturers including Airbus, Bosch, General Electric, Subaru – and four out of ten Formula 1 racing teams – rely on Neural Concept’s platform to place Engineering Intelligence at the heart of their product development process.The platform combines Neural Concept’s proprietary technology with unique data analysis, MLOps, and application deployment capabilities to make Engineering Intelligence the central paradigm of the product simulation and development processes.The Series B funding news follows the recent unveiling of a close technical collaboration with NVIDIA, allowing Neural Concept to optimize performances of physics-driven deep learning models on NVIDIA GPUs and CUDA software and to jointly push the frontiers of the field. Deal RationaleThis round follows the company’s $9 million Series A in March 2022 and $2 million Seed round in 2020.Funds raised in this latest round will be used to consolidate Neural Concept’s technology in the field, as well as accelerate its global recruitment and growth to meet strong customer demand across Europe, APAC, and the US.Pierre Baqué, Co-founder and CEO at Neural Concept, said: “We are delighted to work with our new investors Forestay Capital and the D. E. Shaw group, and all our existing investors to take the company to the next level. This $27 million Series B funding round will allow us to build on our strong commercial success and help more OEMs around the world harness the full potential of Engineering Intelligence to deliver better products, faster”.
  • Clipperton’s strong track record in advising on growth financings and AI companiesThis deal solidifies Clipperton’s expertise in advising European category leaders in their acceleration rounds, including Kinvent’s €16m Series B with Eurazeo Nov Santé, or HarfangLab with its €25m growth financing with Crédit Mutuel Innovation, MassMutual Ventures, and Elaia.It further confirms Clipperton’s role as a leading financial advisor for European AI deals, with previous transactions such as Braincube’s €83m LBO with Scottish Equity Partners and Bpifrance, or natif.ai’s sale to DocuWare. Deal TeamNicolas von Bülow, Managing PartnerMarc Schäfer, Executive DirectorJoris Thomas, Vice PresidentAnne-Sophie Luo, AssociateClara Lamotte, AnalystAbout ClippertonClipperton is a leading investment bank dedicated to technology and growth companies. We provide strategic and financial advisory to entrepreneurs, corporates, and top-tier investors in Europe willing to execute transactions such as strategic M&A private equity transactions, and private placements. Founded in 2003 and with offices in Paris, Berlin, Munich, London, New York, and Beijing, Clipperton has completed over 400 M&A and private placement transactions with fast-growing technology start-ups, blue-chip corporates, and renowned financial investors.