Flow Engineering, a startup specialising in AI tools for hardware design, has announced a $50 million Series B funding round. This investment values the company at $750 million.
The funding round was co-led by Antonio Gracias of Valar Equity Partners and Gavin Baker of Atreides Management. Sequoia Capital, which previously led Flow's Series A round in October last year, also participated. Former Sequoia partner Roelof Botha invested as an individual and has joined Flow's board.
San Francisco-based Flow Engineering, a three-year-old company, addresses challenges in hardware design by providing AI agents that automatically align CAD drawings with product requirements, simulation results, and other testing data. The company lists customers such as Anduril, Rivian, Joby Aviation, General Motors PPU, RV Tech, and Stoke Space.