What is OnScale?
Founded in 2017, OnScale provides an on-demand, cloud-based simulation platform that addresses the critical bottlenecks inherent in traditional engineering software. By leveraging high-performance computing, the company enables engineers to perform complex multiphysics simulations for advanced applications, including MEMS IoT, 5G infrastructure, biomedical devices, and autonomous vehicle systems. The platform is designed to reduce development costs and accelerate time-to-market, effectively bridging the gap between theoretical design and physical prototyping. With a robust international presence spanning North America and Europe, OnScale serves as a vital partner for enterprises seeking to optimize their R&D workflows through scalable, cloud-native solutions.
How much funding has OnScale raised?
OnScale has raised a total of $10.3M across 2 funding rounds:
Series A
$10M
Debt
$350K
Series A (2019): $10M with participation from Intel Capital and Gradient Ventures
Debt (2020): $350K led by PPP
Key Investors in OnScale
Intel Capital
A prominent venture capital arm of Intel Corporation, focusing on strategic investments in artificial intelligence, autonomous systems, 5G, and cloud computing infrastructure.
Gradient Ventures
A specialized venture fund focused on early-stage investments in artificial intelligence and machine learning, providing technical mentorship and capital to high-growth startups.
PPP
Public-Private Partnership
What's next for OnScale?
With the recent capital injection, OnScale is well-positioned to scale its operations and enhance its core simulation engine. The strategic focus will likely center on expanding its footprint in the autonomous vehicle and 5G sectors, where the demand for rapid, high-fidelity simulation is at an all-time high. By continuing to integrate advanced cloud capabilities, the company aims to democratize access to high-performance engineering tools, allowing smaller firms to compete with industry incumbents. Future growth will likely involve deepening its software ecosystem and strengthening its global sales infrastructure to support the increasing adoption of digital twin technologies across diverse industrial verticals.
See full OnScale company page
