Secondmind, a Cambridge, UK-based software-defined vehicle company, has recently raised $16M in funding. This funding round saw participation from notable backers such as Mazda, Amadeus Capital Partners, Atlantic Bridge Ventures, and Cambridge Innovation Capital. With this injection of capital, Secondmind aims to scale various aspects of its business operations. This includes expanding its sales and marketing efforts, as well as accelerating the development of its cloud-native optimization engine. Led by CEO Gary Brotman, Secondmind offers an optimization engine that caters specifically to software-defined vehicles.
By leveraging its cloud-native optimization solutions, Secondmind empowers engineers to rethink the design, development, and driving experience of vehicles.
Their tools enable engineers to significantly reduce design simulation time and calibration overhead, while continuously enhancing energy efficiency and performance throughout the vehicle's lifecycle. This aligns with the company's mission of accelerating the transition towards carbon-neutral mobility. The funding from Mazda is particularly noteworthy, as it strengthens the existing strategic partnership between the two companies. Together, they aim to drive AI-fueled innovations that address the complexities of automotive design and development.
This extended partnership between Secondmind and Mazda focuses on research and development, as well as the commercial deployment of solutions that support systems engineering and validation processes. The ultimate goal is to unlock time and cost efficiencies through increased virtualization in design and development. Both companies recognize the importance of overcoming high complexity barriers in strategic applications. By combining their expertise, they aim to revolutionize the automotive industry and drive meaningful advancements in AI-powered technologies.
Amadeus Capital Partners
Atlantic Bridge Ventures
Cambridge Innovation Capital