Top Computer Aided Engineering startups
There are 419 Computer Aided Engineering startups which include Altair, ZWSOFT, Ethereal Machines, Monolith, PhysicsX. Out of these, 143 startups are funded, with 99 having secured Series A+ funding. United States has the most number of companies in Computer Aided Engineering (137), followed by Germany
(81), and then United Kingdom (33).
Over the past 10 years, an average of 9 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Imperial College London and Massachusetts Institute of Technology.
Here is the list of top Computer Aided Engineering Startups
1. Altair
Provider of enterprise software for simulation, data analytics, AI, and HPC. Delivers cloud-accessible platforms that converge modeling, simulation, high-performance computing, and analytics to support digital engineering and product development. Offers a unified cloud gateway for accessing design tools, AI workflows, and scalable compute resources. Includes dedicated platforms for low- and no-code data analytics, AI model development, and AI-assisted design and simulation across industries.
Key facts about Altair
- Founded Year: 1985
- Location: Troy (United States)
- Stage: Acquired
- Total Funding till date: $35.1M
- Investors: General Atlantic, Shefa Capital and 3 Others
- Latest Funding Round: Post IPO, Jul 11, 2023, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 3 of 1,531 Competitors
2. ZWSOFT
ZWSoft is a provider of CAD/CAM software solutions. The product offerings include ZW3D is a CAD/CAM solution for the process of product development, ZWCAD is a designing software and the modules include architecture, mechanical, CAD pockets, etc., and ZWSim is an electromagnetic simulator.
Key facts about ZWSOFT
- Founded Year: 1998
- Location: Tianhe (China)
- Stage: Series B
- Total Funding till date: $31.4M
- Investors: Addor Capital, China Internet Investment Fund and 5 Others
- Latest Funding Round: Series B, Oct 16, 2019, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 2 of 53 Competitors
Provider of on demand manufacturing services for industrial machines. It offers an on demand platform for manufacturing sector including custom CNC milling services, five and three axis machining, and more for various industries including aerospace, healthcare and electronics. It offer solutions such as prototyping, material selection, parts generation, design assistance, production, quality control, and allows users to upload CAD files for quotes generation. It also offer material guidance, design optimization, and full sub-assembly services.
Key facts about Ethereal Machines
- Founded Year: 2014
- Location: Bengaluru (India)
- Stage: Series A
- Total Funding till date: $23.5M
- Investors: Blume Venture, Lotus Investment and 49 Others
- Latest Funding Round: Series A, Jun 13, 2024, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 40 Competitors
4. Monolith
Developer of AI-driven software for engineering product development and testing. The company provides a core platform with modules for test data validation, test plan optimisation, and system calibration. It offers consulting, implementation, advanced research, and AI training services. The software is designed for use in the battery, automotive, aerospace, defense, industrial, and medical industries.
Key facts about Monolith
- Founded Year: 2016
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $14.6M
- Investors: Insight Partners, Founders Factory and 28 Others
- Latest Funding Round: Series A, Aug 23, 2021, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 1 of 45 Competitors
5. PhysicsX
Developer of an AI platform for engineering physical systems design. The platform combines AI-driven multiphysics inference with numerical simulation. It accelerates development, reduces risk, and enables the creation of optimized products. The platform supports the AI lifecycle, from simulation and data management to model training, fine-tuning, and deployment as customizable applications. It addresses use cases across industrial sectors.
Key facts about PhysicsX
- Founded Year: 2020
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $167M
- Investors: General Catalyst, Atomico and 14 Others
- Latest Funding Round: Series B, Jun 22, 2025, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 2 of 24 Competitors
