Swiss artificial intelligence firm Neural Concept SA has secured $100 million in a Series C funding round, led by Growth Equity at Goldman Sachs Alternatives, as it aims to expand its AI-driven engineering platform globally, company filings and press releases show.
The round saw participation from existing investors, including Forestay Capital, Alven, HTGF, D.E. Shaw Ventures and Aster Capital, marking a substantial increase in capital since the company’s $27 million Series B in 2024.
Neural Concept develops an AI-first engineering platform that integrates computer-aided design (CAD)-native, physics-aware artificial intelligence into product development workflows, allowing industrial customers to explore design options and optimise performance far earlier in the engineering process.
According to investors, the technology has driven strong enterprise growth, with Neural Concept reporting a fourfold increase in revenue and adoption by more than 50 global industrial companies across sectors such as automotive, aerospace, defence and energy.
Proceeds from the funding will be used to accelerate product development, including unveiling a planned generative CAD capability in early 2026, expand global go-to-market teams and deepen partnerships with major technology providers, the company said.
Neural Concept’s CEO and founder, Pierre Baqué, said the investment underscores a shift toward AI-native engineering as organisations move from experimentation to full-scale deployment of AI tools to drive real-world impact in complex industrial workflows.
The funding round reflects continued investor interest in enterprise AI tools that deliver tangible productivity gains and form the backbone of future engineering and manufacturing systems.
Read more on Tech Gist Africa:
Flexion Robotics, a Swiss robotics startup has secured $50 million in a Series A funding round
Swiss-based Lakera AI bags $10M; Launch AI Security Platform