Swiss startup Neural Concept raises $27M to cut EV design time to 18 months | TechCrunch
Briefly

Neural Concept applies AI to design processes, predicting component performance before manufacturing, facilitating cost reduction for EV production and enhancing efficiency across industries.
Deep learning in a 3D environment enables Neural Concept to accelerate development times by up to 75% and product simulation by as much as 10 times, potentially reducing EV development time from four years to 18 months.
CEO Pierre Baqué highlights that their software offers suggestions to improve component efficiency based on material properties, streamlining the design-to-simulation process that traditionally involves complex numerical simulations or physical tests.
Read at TechCrunch
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