Technology

BeyondMath Raises $8.5 Million to Revolutionize Physics-Based Engineering with Groundbreaking AI-Powered Simulation Platform

Published

1 month ago

August 20, 2024

SAN FRANCISCO, Aug. 20, 2024 /PRNewswire/ — BeyondMath, a leader in advanced engineering simulation, today announced it has secured $8.5 million in seed funding led by UP.Partners, with significant participation from Insight Partners and InMotion Ventures, the investment arm of JLR. This funding supports BeyondMath’s ambitious mission to reshape engineering practices globally with its AI-driven multiphysics simulation platform, which accelerates engineering iterations by a factor of 1,000 compared to current solutions.

To help achieve this mission, BeyondMath is among the first to adopt an NVIDIA DGX H200 system to enhance the capabilities of its platform. DGX H200 systems provide advanced AI supercomputing, allowing BeyondMath to train its physics solver at industrial scales and helping it deliver even more groundbreaking solutions to its customers.

“The NVIDIA DGX H200 is a game-changer for AI-driven simulation,” said Alan Patterson, CEO of BeyondMath. “With its robust computing power, we’re equipped to push the boundaries of what is possible in physics-based engineering.”

“Accelerated computing is revolutionizing industries by enabling unprecedented speed and accuracy in complex simulations,” said Carlo Ruiz, vice president of EMEA AI Data Center Solutions at NVIDIA. “By deploying NVIDIA DGX H200 systems, BeyondMath is equipped to redefine physics-based engineering, training AI models at industrial scales to deliver groundbreaking solutions that can help customers increase efficiencies and speed innovation.”

Setting a New Standard in Engineering Simulation

BeyondMath is pioneering a seismic shift in simulation for complex physical phenomena essential for designing everything from vehicles and aircraft to lithium-ion batteries and the infrastructure of data centers. The company’s AI platform aims to bring new, efficient options to market.

“Current simulation tools are not only prohibitively expensive, requiring up to $50 million supercomputers that take days to process data, but they also demand PhD-level expertise,” said Patterson. “Our platform employs cutting-edge AI trained to decipher the core equations of the physical world, delivering a monumental leap in speed and cost.”

A Vision for Sustainable Efficiency

BeyondMath’s technology is designed to eradicate inefficiencies in the engineering process, dramatically reducing costs, accelerating development cycles, and minimizing environmental impact. “With our innovative AI platform, we anticipate saving billions for our customers, streamlining industry workflows, and significantly cutting unnecessary carbon emissions,” Patterson added.

Investor Support

The funding round was led by UP.Partners, whose Chairman, Adam Grosser, remarked on the firm’s alignment with BeyondMath’s objectives and their own. “BeyondMath represents exactly the kind of paradigm shift we seek to support at UP.Partners. Their platform is set to transform the foundational technology of industries that move the world, making them faster, more efficient, and more sustainable.”

Insight Partners, known for their strategic investments in transformative technologies, also backed BeyondMath, recognizing its potential to redefine engineering standards. “BeyondMath’s approach to leveraging AI for multiphysics simulations is precisely the innovation that can disrupt industries globally,” said Ganesh Bell, Managing Director at Insight Partners. “Their technology is not only set to enhance design accuracy and efficiency but also aligns with our commitment to supporting sustainable, high-impact solutions.”

InMotion Ventures, the investment arm of JLR, also supported BeyondMath in its seed round, recognizing the company’s position at the cutting edge of engineering technology. “BeyondMath’s sophisticated AI-driven simulation platform is helping redefine the parameters of design and engineering, enhancing speed and precision across industries. Their approach aligns seamlessly with our mission to invest in early-stage businesses with the potential to accelerate JLR’s Reimagine strategy. We look forward to working closely with the BeyondMath team”, said Mike Smeed, Managing Director at InMotion Ventures.

About BeyondMath

BeyondMath is at the forefront of AI and simulation technology, revolutionizing the way industries conduct complex simulations. By harnessing breakthroughs in AI, BeyondMath enhances the accuracy, efficiency, and accessibility of simulations, setting new industry benchmarks.

For more information about BeyondMath and its revolutionary platform, please visit https://beyondmath.com/.

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SOURCE BeyondMath

Technology

Mullen & Mullen Law Firm Launches the Mullen & Mullen Music Project

Published

47 mins ago

September 23, 2024

Supporting Local Independent Music Venues and Artists

DALLAS, Sept. 23, 2024 /PRNewswire/ — Dallas based Mullen & Mullen Law Firm proudly announces the launch of the Mullen & Mullen Music Project, a dynamic initiative created in partnership with Spune Productions. The collaboration is designed to celebrate and rejuvenate the North Texas music scene by offering a platform for both emerging and established artists. The initiative kicked off with a Concert Series at local independent music venues.

Supporting Local Talent and Venues
Running from August to April, the Mullen & Mullen Music Project will feature 12 concerts at some of North Texas’s most cherished venues. The series kicked off on August 6th with a performance by Ben Nichols of Lucero at Club Dada. The Quaker City Night Hawks made their triumphant return at Tulips FTW on August 30th after a touring hiatus. The Quaker City Night Hawks concert was filmed on professional grade video cameras installed at the venue by the Music Project and live-edited by the firm’s videographer Sean Pollaro – himself a musician. The new cameras at Tulips FTW will serve as a wonderful content creation tool for local artists.

Enhancing the Music Experience
The Music Project has allowed participating venues to expedite substantial upgrades already underway. Ferris Wheelers Live has enhanced its suites and stage while embarking on an ambitious Ferris Wheel lighting project. Club Dada has upgraded its outdoor patio stage, and Tulips FTW installed the beforementioned state-of-the-art video and streaming system, enabling artists to record music and stream live performances. Each venue will also feature new murals designed and created by local artists.

A Community-Centered Initiative
Shane Mullen, Managing Attorney at Mullen & Mullen Law Firm, shared the firm’s vision: “The trust and loyalty of the North Texas community have been the foundation of our success. This project is our way of giving back by enriching the local cultural landscape and supporting the artists and venues that make our region unique.”

Corey Pond, General Manager of Spune Productions, added: “This initiative addresses the challenges faced by the indie music scene, providing more opportunities for local artists and supporting our cherished venues. It underscores the power of community, collaboration, and the enduring spirit of local music.”

Join Us in Celebrating Local Music
Over the coming months, experience the vibrant revival of North Texas’s music scene with us. Together, let’s strengthen our community while supporting local artists and independent venues. This is our backyard – let’s make it rock!

For more information, visit: https://www.mullenandmullen.com/music/

About Mullen & Mullen Law Firm:
Mullen & Mullen Law Firm has been privileged to represent injured North Texans for over 41 years. The firm is consistently recognized by TopVerdict for obtaining some of the largest personal injury settlements in the entire state of Texas. In the last 4 years, Mullen & Mullen made the “Top 50” list 44 times and the “Top 100” list 70 times. The firm offers the services of two investigators and an award-winning videographer. Website: https://www.mullenandmullen.com

About Spune Productions:
Spune Productions is an independent leader in curating and delivering distinctive music events across Texas. Committed to enhancing communities, Spune specializes in creating impactful experiences that resonate with audiences and reflect clients’ brands. From intimate gatherings to large-scale spectacles, Spune Productions tailors each event to amplify stories through the transformative power of music. Website: https://spune.com/

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SOURCE Mullen & Mullen Law Firm

Technology

Corteva to Participate in BMO Ag-Apalooza

Published

47 mins ago

September 23, 2024

INDIANAPOLIS, Sept. 23, 2024 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the 2024 BMO Ag-Apalooza event at 12:00 p.m. Eastern Time on Tuesday, September 24, 2024.

Remarks will be webcast live. The webcast can be accessed through the Corteva Investor Relations website. A replay of the presentation will be available 24 hours after the presentation ends and will be accessible until October 24, 2024.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the Company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

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SOURCE Corteva, Inc.

Technology

SEEDING JUSTICE MAKES COMMITMENT TO ENVIRONMENTAL JUSTICE AND ECONOMIC DEVELOPMENT FOR OREGON AND PACIFIC NORTHWEST COMMUNITIES IMPACTED BY MULTIPLE CLIMATE BURDENS ON A GLOBAL STAGE AT THE CLINTON GLOBAL INITIATIVE TODAY

Published

47 mins ago

September 23, 2024

PORTLAND, Ore., Sept. 23, 2024 /PRNewswire/ — Seeding Justice’s Executive Director, Se-ah-dom Edmo, joins global leaders in expanding the nonprofit organization’s commitment to an inclusive green economy focusing on clean energy initiatives created by and for impacted communities.

Click here to watch Seeding Justice’s commitment video and learn more.

What:

Clinton Global Initiative

Who:

Se-ah-dom Edmo, Executive Director, Seeding Justice

When:

September 23, 2024

Where:

New York City, New York

Seeding Justice is a nonprofit organization founded in 1976 and is the region’s largest funder of grassroots organizing and community-led grantmaking.

We focus our work on frontline communities and use community guidance and leadership to help fund the most critical causes, including a new fund to support a community-centered, clean energy future.

Since 2020, our Community Fund program has granted nearly $34 million to communities across the state through Funds like the Reproductive Health Equity Fund and the Child Care Capacity Building Fund. Seeding Justice is also the founding funder of Oregon Worker Relief, the largest program of its kind in the state, and has supported the dispersal of more than $180 million through the Fund, which helps immigrant Oregonians make ends meet.

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SOURCE Seeding Justice