Total amount raised
$322M
Latest funding date
2025-04-07
Location
Rescale has successfully raised funding over 11 rounds, with the latest being a Series D round involving 14 investors. The company is backed by notable investors, including NVIDIA and Hanwha Asset Management Deeptech Venture Fund.
Keep reading to explore the intricacies of Rescale's fundraising journey and the investors backing this innovative cloud simulation platform.
Rescale has raised funding across multiple rounds, backed by investors including NVIDIA, Applied Ventures, Initialized Capital, Translink Capital, Y Combinator, and notable angels including Sam Altman, Jeff Bezos, Richard Branson, Paul Graham, and Peter Thiel.
Keep reading to explore Rescale's fundraising journey, key backers, and what the latest investment means for the future of digital engineering.
What Is Rescale?
Rescale is a San Francisco-based digital engineering platform founded in 2011. It delivers cloud-based high performance computing (HPC) and simulation tools that enable scientists, engineers, and R&D teams to accelerate innovation. The company's platform supports complex computational workloads across aerospace, automotive, life sciences, and semiconductor industries, providing on-demand access to scalable compute resources and AI-driven engineering workflows.
How Much Funding Has Rescale Raised?
- Seed Round
- Amount Raised: USD 6,400,000
- Date: July 2015
- Lead Investors: Data Collective (lead); participants include Sam Altman, Jeff Bezos, Richard Branson, Paul Graham, Ron Conway, Chris Dixon, Peter Thiel, Y Combinator, and others
- Series A
- Amount Raised: USD 14,000,000
- Date: June 2016
- Lead Investors: Translink Capital; participants include Microsoft Ventures (M12), Jump Capital, ITOCHU Technology Ventures, Two Roads Group, Data Collective
- Series B
- Amount Raised: USD 32,000,000
- Date: July 2018
- Lead Investors: Initialized Capital, Keen Venture Partners, SineWave Ventures; participants include Sam Altman, Jeff Bezos, Richard Branson, Chris Dixon, Paul Graham, Peter Thiel, M12, Mitsubishi UFJ Capital, Translink Capital, Y Combinator, and others
- Series C
- Amount Raised: USD 50,000,000
- Date: February 2021
- Lead Investors: Undisclosed; participants include Hitachi Ventures, M12, Nautilus Venture Partners, NVIDIA, Republic Labs, Samsung Catalyst Fund, Fort Ross Ventures, Solasta Ventures, and others
- Series C (Expanded)
- Amount Raised: USD 105,000,000
- Date: November 2021
- Lead Investors: Undisclosed; participants include Sam Altman, Jeff Bezos, Richard Branson, Paul Graham, Peter Thiel, Fort Ross Ventures, Gaingels, Hitachi Ventures, Initialized Capital, Keen Venture Partners, M12, Nautilus Venture Partners, NVIDIA, Prometheus Capital, Republic Labs, Samsung Catalyst Fund, Solasta Ventures, Yield Capital Partners, and others
- Series D
- Amount Raised: USD 115,000,000
- Date: April 7, 2025
- Lead Investors: Applied Ventures (lead, per multiple sources); participants include NVIDIA, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, Y Combinator
Total Amount Raised: At least $322,400,000 based on disclosed funding across all rounds. Rescale has confirmed total funding of over $260 million as of the Series D announcement in April 2025.
Key Investors
- Applied Ventures
- Details: The venture arm of Applied Materials, Applied Ventures led (per multiple sources) the Series D round announced in April 2025. Applied Materials is a global leader in materials engineering for semiconductor and display manufacturing.
- NVIDIA
- Details: NVIDIA is a leading semiconductor company and AI computing platform provider. NVIDIA has participated in Rescale's Series C and Series D rounds, reflecting strategic alignment in AI-accelerated HPC workloads.
- Initialized Capital
- Details: Initialized Capital co-led the Series B round alongside Keen Venture Partners and SineWave Ventures. The firm focuses on early-stage technology investments.
- Translink Capital
- Details: Translink Capital led the Series A round in 2016 and has continued as a participant in subsequent rounds including the Series D. The firm focuses on cross-border technology investments between the US and Asia.
- Y Combinator
- Details: Y Combinator backed Rescale in its earliest stages and has continued to participate across multiple rounds, including the Series D round in 2025.
- Notable Angel Investors
- Details: Rescale's early investors include Sam Altman (OpenAI CEO), Jeff Bezos (Amazon founder), Richard Branson (Virgin Group), Paul Graham (Y Combinator co-founder), Ron Conway, Chris Dixon, and Peter Thiel (PayPal co-founder).
What's Next for Rescale?
With $115M in fresh Series D funding, Rescale is poised to significantly expand its AI-driven digital engineering capabilities. The company plans to accelerate the development of its intelligent computing platform, which helps enterprises run complex simulations and high-performance computing workloads in the cloud. Rescale is focusing on enhancing AI integration within its platform to help engineers and scientists speed up product development cycles and reduce costs. The investment will also support global expansion efforts as Rescale targets new enterprise customers across aerospace, automotive, life sciences, and semiconductor industries. The company's growing partnerships with industry leaders like NVIDIA and Applied Materials suggest a trajectory toward becoming a central infrastructure provider for the next generation of AI-powered engineering workflows.
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