UK-based AI startup BeyondMath has secured $8.5 million in seed funding led by UP.Partners, with significant participation from Insight Partners and InMotion Ventures, the investment arm of JLR, which recently backed Brazil’s Energy Source and Uncaged Innovations.
The investment supports the company’s mission to reshape engineering practices globally with its AI-driven multiphysics simulation platform.
What challenge does it address?
Current simulation tools are not only prohibitively expensive, requiring up to $50 million supercomputers that take days to process data, but they also demand PhD-level expertise.
BeyondMath’s platform employs AI trained to decipher the core equations of the physical world, delivering a monumental leap in speed and cost. It is said to accelerate engineering iterations by a factor of 1,000 compared to current solutions.
What does the company do?
BeyondMath was founded by Alan Patterson and Darren Garvey. Both of them worked together at Google and eBay and have decades of experience in AI.
It pioneers a seismic shift in simulation for complex physical phenomena. This is essential for designing everything from vehicles and aircraft to lithium-ion batteries and the infrastructure of data centres. The company’s AI platform aims to bring new, efficient options to market. The company enhances the accuracy, efficiency, and accessibility of simulations, setting new industry benchmarks.
It is touted to be the first one to adopt an NVIDIA DGX H200 system to enhance the capabilities of its platform. These systems provide advanced AI supercomputing, allowing BeyondMath to train its physics solver at industrial scales and helping it deliver groundbreaking solutions to its customers.
Its technology is designed to eradicate inefficiencies in the engineering process, dramatically reducing costs, accelerating development cycles, and minimising environmental impact.
“The NVIDIA DGX H200 is a game-changer for AI-driven simulation,” said Alan Patterson, CEO of BeyondMath. “With its robust computing power, we’re equipped to push the boundaries of what is possible in physics-based engineering.”
“Accelerated computing is revolutionising industries by enabling unprecedented speed and accuracy in complex simulations,” said Carlo Ruiz, vice president of EMEA AI Data Center Solutions at NVIDIA. “By deploying NVIDIA DGX H200 systems, BeyondMath is equipped to redefine physics-based engineering, training AI models at industrial scales to deliver groundbreaking solutions that can help customers increase efficiencies and speed innovation.”
Investors’ views
UP.Partners, whose Chairman, Adam Grosser, said: “BeyondMath represents exactly the kind of paradigm shift we seek to support at UP.Partners. Their platform is set to transform the foundational technology of industries that move the world, making them faster, more efficient, and more sustainable.”
“BeyondMath’s approach to leveraging AI for multiphysics simulations is precisely the innovation that can disrupt industries globally,” said Ganesh Bell, Managing Director at Insight Partners. “Their technology is not only set to enhance design accuracy and efficiency but also aligns with our commitment to supporting sustainable, high-impact solutions.”
“BeyondMath’s sophisticated AI-driven simulation platform is helping redefine the parameters of design and engineering, enhancing speed and precision across industries. Their approach aligns seamlessly with our mission to invest in early-stage businesses with the potential to accelerate JLR’s Reimagine strategy. We look forward to working closely with the BeyondMath team”, said Mike Smeed, Managing Director at InMotion Ventures.