Newtwen

Newtwen is a mobility company in Modena, Italy. It has raised $9.9M across 2 rounds, most recently a $9.9M Series A in May 2023.

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

Headquarters
Modena
Total Funding
$9.9M
Last Round
$9.9M Series AMay 2023
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 5 investors for this company. The full record is or through the API.

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

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

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series ASeries AMay 2023
$9.9M

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Funding: Series A. Amounts, valuations, and investors where available.

Investors

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