December 18, 2025 — Leads & Copy — Neural Concept, an AI platform for Engineering Intelligence, has announced a $100 million Series C funding round.
The funding was led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Forestay Capital, Alven, HTGF, D.E. Shaw Ventures, and Aster Capital.
Neural Concept is focused on redefining engineering workflows with CAD-native enterprise AI that understands geometry, constraints, and design intent. The platform helps customers build and deploy physics-aware design copilots, enabling teams to explore design options earlier, avoid late-stage changes, and accelerate product development.
The investment underscores the demand for enterprise AI. Neural Concept is emerging as a leader in AI-native engineering, combining technology with an enterprise-focused approach, fueling growth across industries, including automotive, aerospace and defense, energy, semiconductors, and consumer electronics.
Lambert Diacono, Executive Director Growth Equity at Goldman Sachs Alternatives, said that Neural Concept’s technology represents a leap forward in enterprise engineering AI. Christian Resch, Partner, Head of EMEA Growth Equity at Goldman Sachs Alternatives, added that Neural Concept is emerging as one of the leading companies in the market.
The funding will be used to accelerate product development, including a generative CAD capability in early 2026, expand global GTM teams, and strengthen its position across engineering systems, deepening partnerships with Nvidia, Siemens, Ansys, Microsoft, and AWS.
Dr. Pierre Baqué, CEO and founder of Neural Concept, said that the company was founded with the ambition to enable AI-driven design of advanced systems. He added that advances in AI are transforming engineering from trial and error into a data-driven workflow. The investment enables the company to fast-track its progress toward establishing the intelligence layer powering every engineering team, worldwide.
Neural Concept’s Series C follows its $27 million Series B in 2024.
Founded in 2019, Neural Concept provides an AI-first engineering platform for product development. By embedding AI into design and simulation workflows, Neural Concept empowers engineering teams to compress development cycles, improve product performance across efficiency, safety, and sustainability, and scale AI adoption. The company drives product development across major industries, including automotive, aerospace, energy, consumer electronics, semiconductors, and defense, working with OEMs and component suppliers. Neural Concept was spun out of the Swiss Federal Institute of Technology in Lausanne (EPFL) and is backed by global investors, including Forestay Capital and D. E. Shaw Ventures.
Goldman Sachs (NYSE: GS) is an investor in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds.
The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets. Goldman Sachs has approximately $3.5 trillion in assets under supervision globally as of September 30, 2025.
Source: Neural Concept
