Newtwen
Physics-based, real-time, adaptive digital twins for automotive and automation
Modena, Italy · $9.9M raised
- 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.
Tech & App Stack
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Funding History
May 2023
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Series A — per-round amounts, valuations, and who invested in each round.
Investors
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