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Simreka - About the company

Simreka is a seed company based in Dusseldorf (Germany), founded in 2015 by Akshay Patel and Deboprio G. It operates as an AI and ML based simulation software for the new materials discovery. Simreka has raised an undisclosed amount in funding from Techstars and HTGF. The company has 179 active competitors, including 27 funded and 31 that have exited. Its top competitors include companies like Altair, ZWSOFT and Citrine Informatics.

Company Details

Simreka offers AI and ML-based simulation software for the discovery of the new materials. It provides a platform with high-quality data and advanced analytics. Its features include supply chain transformation, integrated & advanced decision support, simulation using unique public and proprietary data collection and curation systems, and analytics powered by advanced scientific algorithms. Rabobank, SAP Run Simple, and NSF are part of its clientele.
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Email ID
*****@simreka.com
Phone Number
+49 **********
Registered Address
c/o Startplatz Speditionstr. 15A, 40221 Düsseldorf
Key Metrics
Founded Year
2015
Location
Dusseldorf, Germany
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
40 as on Sep 30, 2026
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Simreka's funding and investors

Simreka has raised funding over 2 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on Jun 11, 2019 for $*****. 2 investors participated in its latest round. Simreka has 3 institutional investors.

Here is the list of recent funding rounds of Simreka:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 11, 2019
7173892
Seed
8914866
9746859
8989806
7650965
2017
2934
Seed
7102
1623
6955
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Simreka's founders and board of directors

Founder? Claim Profile
The founders of Simreka are Akshay Patel and Deboprio G. Akshay Patel is the CEO of Simreka.
Here are the details of Simreka's key team members:

Simreka's employee count trend

Simreka has 40 employees as of Sep 26. Here is Simreka's employee count trend over the years:
Employee count trend for Simreka
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Simreka's Competitors and alternates

Top competitors of Simreka include Altair, ZWSOFT and Citrine Informatics. Here is the list of Top 10 competitors of Simreka, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Altair
Altair
1985, Troy (United States), Acquired
Provider of enterprise software for simulation, data analytics, AI, and HPC
$35.1M
81/100
2nd
Logo for ZWSOFT
ZWSOFT
1998, Tianhe (China), Series B
Provider of CAD/CAM software solutions
$31.4M
70/100
3rd
Logo for Citrine Informatics
Citrine Informatics
2013, Redwood City (United States), Series C
Provider of AI-based solutions for materials informatics
$81.3M
70/100
4th
Logo for Polymerize IO
Polymerize IO
2020, Singapore (Singapore), Series A
AI platform for material property prediction and design
$4.65M
60/100
5th
Logo for dSPACE
dSPACE
1988, Paderborn (Germany), Funding Raised
Provider of engineering tools for developing and testing mechatronic control systems
-
59/100
6th
Logo for SimScale
SimScale
2012, Munich (Germany), Series C
Cloud-based simulation software
$60.3M
58/100
7th
Logo for Gamma Technologies
Gamma Technologies
1994, Westmont (United States), Late Stage
Develops CAE software for systems simulation across different industries
-
58/100
8th
Logo for ESI Group
ESI Group
1973, Paris (France), Acquired
Provider of design and simulation software
-
51/100
9th
Logo for OnScale
OnScale
2018, Redwood City (United States), Acquired
Provider of plug-in solutions for computer-aided engineering design services
$18.1M
48/100
10th
Logo for Simio
Simio
2006, Sewickley (United States), Acquired
Simulation Software
$2.38M
-
46/100
34th
Logo for Simreka
Simreka
2015, Dusseldorf (Germany), Seed
AI and ML based simulation software for the new materials discovery
-
35/100
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Simreka's Investments and acquisitions

Simreka has made no investments or acquisitions yet.

Reports related to Simreka

Here is the latest report on Simreka's sector:

News related to Simreka

•
HTGF et al. invests in SimrekaUnquote•Jun 11, 2019•Simreka
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