Luminary Cloud, a CAE SaaS platform, launches with $115M funding led by Sutter Hill Ventures, utilizing Nvidia GPUs to accelerate product design simulations.

Luminary Cloud, a realtime engineering pioneer, has launched out of stealth with $115M funding led by Sutter Hill Ventures. The computer-aided engineering (CAE) SaaS platform aims to democratize the field, accelerating design cycles and time to market. Luminary utilizes clusters of Nvidia GPUs to significantly speed up product design simulations, which can take days or weeks using legacy software. The platform, which runs on Google Cloud, could challenge competitors like Ansys, Siemens, and Dassault Systemes.

March 13, 2024
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