Italian startup Neocad has raised €550,000 in a pre-seed funding round to further develop its artificial intelligence solutions for the mechanical design sector. The investment round included participation from 40Jemz Ventures, HabiSmart, Zest, Coima, Ariston, and Nova Capital. This capital injection follows a previous investment received through the HabiSmart acceleration program.
Neocad is building an AI agent designed to integrate directly with CAD and PLM systems. The technology enables companies to query design histories, locate existing components, and generate new models through text-based inputs. The company intends to use the new funds to focus on technological development, expanding integration capabilities with CAD and PLM software, and pursuing commercial activities to support product market validation. No lead investor or company valuation was disclosed in the announcement.
Neocad is building an AI agent designed to integrate directly with CAD and PLM systems. The technology enables companies to query design histories, locate existing components, and generate new models through text-based inputs. The company intends to use the new funds to focus on technological development, expanding integration capabilities with CAD and PLM software, and pursuing commercial activities to support product market validation. No lead investor or company valuation was disclosed in the announcement.