How much funding has Newtwen raised?

Newtwen has raised $9.9M in total funding, most recently a Series A round.

Who are Newtwen's investors?

Newtwen's investors include 360 Capital, Join Capital, Obloo Ventures, Plug and Play, CDP Venture Capital SGR.

Where is Newtwen headquartered?

Newtwen is headquartered in Modena, Italy.

Newtwen

Physics-based, real-time, adaptive digital twins for automotive and automation

Modena, Italy · $9.9M raised

Mobility

Headquarters: Modena
Website: newtwen.com
Total Funding: $9.9M

Last Round: $9.9M Series AMay 2023
Rounds: 2

About

Newtwen is an Italian deep-tech company headquartered in Modena that develops physics-based, real-time, adaptive, and embeddable digital twin software for the automotive and automation industries. Its flagship product, Twin Fabrica, creates virtual thermal sensors that estimate internal component temperatures — such as those inside electric motors — in real time without requiring additional physical sensors. By combining simulation and real-time data, Newtwen enables automotive manufacturers and automation companies to accelerate product development, reduce physical testing costs, and improve reliability monitoring. The company has attracted major industry partners including STMicroelectronics, Infineon, and Hexagon, and is a member of the NVIDIA Inception Program. Newtwen raised €7 million to scale its digital twin generation technology and expand deployments across the EV and industrial automation sectors.

Summary

Newtwen is a Mobility company based in Modena, Italy. It has raised $9.9M in total across 2 rounds, most recently a $9.9M Series A round in May 2023. Investors include 360 Capital, Join Capital and Obloo Ventures.