RWTH Aachen's Silexica has now raised $28m altogether for its software optimisation package for embedded supercomputer applications such as autonomous vehicle technologies.
Silexica, a Germany-based software optimisation spinout from RWTH Aachen University closed a $18m series B round yesterday backed by regional VC fund Seedfonds Aachen.
The round was led by EQT Ventures Fund, a VC vehicle of private equity firm EQT Partners’ early-stage investment arm EQT Ventures. VC firms DSA Invest, Merus Capital and Paua Ventures also took part.
Founded in 2014, Silexica has developed a range of software optimisation tools called SLX which help track the performance and interactions of various software components on embedded supercomputer platforms.
The tools can be used to develop systems such as autonomous vehicles, aerospace, defence and wireless communications.
The capital will enable Silexica to deliver additional optimisation features and a simulation product that can run diagnostics across different hardware platforms. Ted Persson, design partner and investment adviser at EQT Ventures, will join Silexica’s board of director.
Silexica was spun out from Aachen’s Institute of…
