Business Wire

Neural Concept Accelerates Integrated AI Adoption With 100% Enterprise Growth

29.9.2025 10:00:00 EEST | Business Wire | Press release

Share

Neural Concept, the leading AI-first engineering environment for product development, today reported significant acceleration in customer growth and platform adoption so far in 2025. Following strong demand, the company is scaling its teams across Europe, North America and Asia.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250926074655/en/

Neural Concept's Design Lab: a native co-pilot experience where engineers and designers collaborate, bringing real-time physics into the design environment.

Enterprise adoption of Neural Concept's platform has doubled since January 2025, supported by a 40% increase in upsells as clients expanded from bespoke applications to company-wide use. Customers who have scaled their use of Neural Concept this year include Renault, Leonardo, GE Vernova U.S., Hanwha Ocean, Sumitomo Wiring Systems, SPAL Automotive, Kautex, Multi-Wing and more.

Annual recurring revenue (ARR) growth now significantly outpaces burn rate, placing the Company among the most capital-efficient performers in its sector. To meet ongoing demand, operations are scaling in Switzerland, France, Germany, North America, Japan, South Korea, and India.

Embedding AI at the Core: Development in Days, Not Months

Nearly half of Neural Concept’s customers are in automotive, where it has established market leadership, while rapidly acquiring clients in aerospace, defense, consumer electronics, and semiconductors, industries where innovation, performance, and sustainable design are critical.

“Engineering Intelligence is at a turning point—this technology is now powerful enough to deliver game-changing impact for customers at scale,” said Dr Pierre Baqué, CEO and co-founder of Neural Concept. “Industrial companies embracing this shift reach unprecedented performance levels in a fraction of the time-to-market. We help OEMs deploy AI-native workflows across design and simulation teams with a scalable toolbox and adaptable environment, enabling AI integration across the full product lifecycle without years-long integration or custom R&D.”

The platform’s impact is visible in high-performance engineering outcomes, boosting speed, accuracy, and accelerating innovation.

  • General Motors developed an AI-powered crash safety model using Neural Concept that brings rapid risk prediction into the design process, enabling faster design iteration, greater collaboration and ultimately, safer vehicles.
  • MAHLE announced a radically new bionic blower for automotive air conditioning systems by embedding Neural Concept’s AI into their existing systems, achieving 15% more efficiency and 4 dB less noise - ideal for EV platforms.

Strengthening Leadership and Expertise

Neural Concept has made strategic hires and formed an expert advisory board. Tom Becker, former Covariant GM, has joined the Company as SVP of Global Revenue, bringing his experience in AI robotics transformation and enterprise go-to-market strategy at Alteryx and KNIME.

The company's advisory board now includes:

  • Brett Chouinard – Former Chief Product and Strategy Officer and Chief Technology Officer at Altair.
  • François Fleuret – LLM Research Scientist at Meta and Professor of Computer Science at the University of Geneva.
  • Jean-Paul Roux – Former Senior Vice President at EXA Corporation and VP of Sales at Dassault Systèmes.
  • Florent Perrichon – Chairman of Neural Concept, Business Angel in Deep Tech and CEO of Laurent Ferrier.

VC-Backed Growth: Powering Enterprise Super Engineers

Following its Series B in 2024 — led by Forestay Capital and supported by D. E. Shaw Ventures — Neural Concept continues strong commercial traction, efficient growth, and an expanding strategic customer base.

“Neural Concept’s adoption growth shows both market demand and the team’s disciplined execution,” said Deborah Pittet, Partner at Forestay Capital. “They’re scaling with customer needs to achieve acceleration without over-extension. By embedding AI natively into engineering workflows, Neural Concept empowers global OEMs to own their AI transformation, making this growth sustainable and industry-defining.”

“We’re excited to partner with Neural Concept as they scale their engineering intelligence platform globally,” said Jazmin Medina, Investment Partner at D. E. Shaw Ventures. “By integrating AI seamlessly across hardware, software, and simulation, they’re tackling one of the most persistent challenges in product development — reducing time-to-market while maintaining quality and performance. In doing so, we believe they’re delivering the kind of world-class solutions that can transform how industries innovate.”

“Our platform isn’t a bolt-on, it’s a build-with,” concludes Dr Baqué. “We collaborate with engineering teams to cut design and development time from months to days, enabling faster innovation. More than a tool, we’re creating the engineering intelligence layer for the world’s most advanced companies. Our focus remains empowering engineers to lead the AI transformation of their industries, with full control over designing the future.”

About Neural Concept

Founded in 2018, Neural Concept provides the leading AI-first engineering platform for product development. By embedding AI natively into design and simulation workflows, Neural Concept empowers engineering teams to compress development cycles from months to days, improve product performance across efficiency, safety, and sustainability, and scale AI adoption without costly, years-long integration.

The company partners with more than 70% of the world’s largest OEMs and 40% of the top 100 tier-1 suppliers across automotive, aerospace, defense, consumer electronics, and semiconductors. Neural Concept was spun out of the Swiss Federal Institute of Technology in Lausanne (EPFL) and is backed by global investors, including Forestay Capital and D. E. Shaw Ventures.

For more information, visit www.neuralconcept.com.

Watch Neural Concept’s Design Lab for Engineering Intelligence in action — LINK

View source version on businesswire.com: https://www.businesswire.com/news/home/20250926074655/en/

Contacts

Media contact
ThoughtLDR for Neural Concept
neuralconcept@thoughtldr.com
+44 (0)7553600128

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

www.businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

EcoOnline Recognised as a Leader in Verdantix Green Quadrant: EHS Software 2026 for Third Time21.9.2026 19:43:00 EEST | Press release

EcoOnline, the global provider of software that transforms how organisations protect people and the planet, has been recognised for the third consecutive time as a Leader in the independent Verdantix Green Quadrant: EHS Software 2026 report, with market-leading strength in Safety Management. The assessment evaluated leading vendors of environmental, health and safety software vendors across a range of capabilities and customer buying signals. Verdantix recognised EcoOnline’s strength in the areas organisations rely on to protect workers every day: Safety Management, Chemicals Management, AI-enabled Training and Contractor Safety. It reflects the changing needs of EHS buyers, who are increasingly looking for integrated platforms that connect everyday safety with broader operational risk and crisis preparedness. EcoOnline achieved the highest score for Safety Management, reflecting the breadth of the platform’s capabilities across the processes organisations use to identify, mitigate, ma

rhode Announces the Return of Limited Edition Favorites and New Exclusives at Sephora Across Europe and the U.K.21.9.2026 16:00:00 EEST | Press release

rhode, the beauty brand founded by Hailey Rhode Bieber and part of e.l.f. Beauty (NYSE: ELF), has announced that two community-favorite Peptide Lip Tints and a new Sephora-exclusive bag will launch at Sephora across Europe and the U.K. to celebrate the brand’s launch into Sephora in Europe on September 30, 2026. These items will join the brand’s assortment of high-performance skincare and hybrid makeup. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260921199856/en/ rhode announces the return of limited edition favorites and new exclusives at Sephora across Europe and the U.K. To mark the occasion with Sephora across Europe and the U.K., rhode is offering early access to purchase fan-favorite, previously limited edition Peptide Lip Tint in Pretzel at Sephora in Europe and the U.K. on the brand’s launch date September 30, before the product joins rhode’s permanent assortment globally on rhodeskin.com on October 1 and at all r

Pierre Le Manh to Step Down as PMI President and CEO21.9.2026 15:45:00 EEST | Press release

Project Management Institute (PMI), the leading authority in project management, today announced that Pierre Le Manh has decided to step down as President and Chief Executive Officer, effective September 30, 2026. Johannes Heinlein, Chief Growth Officer, has been appointed Interim President & Chief Executive Officer of PMI, also effective September 30, 2026. Pierre Le Manh joined PMI in September 2022. During his four-year tenure, he led the development and execution of PMI’s current strategy, strengthened its leadership team, expanded its capabilities through acquisitions and partnerships, and positioned PMI for a profession being rapidly transformed by artificial intelligence and a greater focus on project success. “On behalf of the Board, I want to thank Pierre Le Manh for his leadership and his commitment to PMI,” said Ike Nwankwo, Chair of the PMI Board of Directors. “PMI has a clear strategy, a strong leadership team and significant momentum. Pierre leaves the organization well p

Lenovo and Schneider Electric Partner to Bring Decarbonization Tools and Expertise to IT Channel Partners21.9.2026 15:10:00 EEST | Press release

Lenovo today announced that Schneider Electric, a global energy technology leader, will join Lenovo 360 Circle as a strategic ally to bring decarbonization expertise and management tools directly to IT channel partners. Lenovo 360 Circle is Lenovo’s global sustainability community, bringing together channel partners worldwide to collaborate on shared challenges, accelerate sustainability transformation, and turn sustainability ambitions into business opportunities. Through its Allyship program, Lenovo 360 Circle connects partners with leading technology and industry organizations to enable collaboration and provide access to specialized expertise that helps partners accelerate their sustainability goals. As its newest strategic ally, Schneider Electric will bring its Decarbonization Champion initiative to the community, giving eligible members access to carbon management tools and hands-on support from Schneider Electric Advisory Services specialists to measure their emissions, identif

Serbian Biotech Startup Takes Its Journey from Belgrade to Cambridge with Documentary on Longevity Science21.9.2026 14:02:00 EEST | Press release

BioEridan, a Serbian biotechnology startup backed by Telekom Srbija Group’s TS Ventures Fund, has premiered a new documentary showcasing its development of underwater Aquafarms and its ambition to contribute to the next generation of longevity science. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260921345879/en/ BioEridan Documentary Premiere BioEridan: Science Beneath the Surface premiered in Belgrade on September 15 before being screened the following day at a UK-Serbia Health, Digital Transformation & Innovation roundtable held at Christ’s College, University of Cambridge, as part of Cambridge Tech Week 2026. The roundtable brought together prominent representatives from the UK and Serbia across science, healthcare, technology, academia and business to discuss opportunities for collaboration, innovation and the commercialisation of scientific research. The documentary follows BioEridan’s development from an early scien

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye