OXFORD, United Kingdom and SANTA CLARA, California, September 26, 2023:
Machine Discovery, a software company which uses machine learning technology to accelerate compute-intensive optimisation and simulation tasks, has secured £4.5- million of funding.
The investment round was led by BGF, one of the UK’s largest investors, and East Innovate, alongside Foresight WAE Technology Funds, UK Innovation and Science Seed Fund (UKI2S), independently managed by Future Planet Capital (Ventures) Ltd, and Oxford Technology.
This latest round of funding will allow the company to grow its engineering and business development teams in the UK and the USA, driving commercial adoption of its technology across the semiconductor design space and in other markets.