Simularge, established in 2018, is a technology company specializing in industrial automation and machine learning solutions. The company developed a patented, no-code physics-informed AI platform for modeling industrial cyber-physical systems. This drag-and-drop builder combines physics-informed AI, mechanics, and analytics to optimize production operations, minimize raw material usage, and improve product quality. The platform is designed to reduce manufacturing waste, lower quality costs, and contribute to carbon footprint reduction by optimizing energy usage and eliminating defective parts.
Simularge's technology integrates sensor networks with embedded computing into physical objects, connecting them to the internet and each other for advanced monitoring and control. This approach allows for the optimization of industrial processes without requiring extensive programming knowledge. The company's solution aims to help workers reduce waste and lower quality costs in manufacturing processes. As of September 2022, Simularge aimed to reach EUR 1 million in Annual Recurring Revenue (ARR) within two years and EUR 56 million ARR within five years.
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