Parallel Pipes

Advanced Multiphysics Simulation and Optimization

General Information
Company Name
Parallel Pipes
Founded Year
2018
Location (Offices)
Quincy, United States +1
Founders / Decision Makers
Number of Employees
4
Industries
AI, Computing, Design +3
Funding Stage
Grant
Social Media

Parallel Pipes - Company Profile

Parallel Pipes is an enterprise software startup based in the United States, founded in 2018. The company's slogan, "Advanced Multiphysics Simulation and Optimization," aligns with their mission to minimize physical prototyping and development time. Their innovative approach involves providing a cloud-based simulation and optimization solution at a project-based cost, making it accessible and cost-effective for a wide range of users. The company's simulation service stands out for its power, user-friendliness, and machine learning capabilities. It allows for quick and cost-effective product design simulations, automatically identifying boundary constraints for analysis. This eliminates the need for expensive licenses, specific hardware, and specialized knowledge. On the other hand, their patent-pending design optimization feature utilizes physics-informed AI to iteratively maximize product goals within design constraints, considering factors such as material usage, manufacturing cost, performance, and manufacturing processes. In April 2022, Parallel Pipes secured a $10.00K grant investment from IDEA: Northeastern University's Venture Accelerator. This investment is expected to further drive the company's efforts in advancing multiphysics simulation and optimization technologies. As they continue to pioneer in their field, the company remains available and eager to engage with potential partners and clients to address design challenges through their innovative system.

Taxonomy: Multiphysics Simulation, Optimization, Cloud-based, Simulation, CAD Modeling, Design Optimization, Physics-informed AI, Manufacturing Cost, Material Usage, Performance Optimization, Boundary Constraints, Product Design, Data-Driven Design

Funding Rounds & Investors of Parallel Pipes (4)

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Funding Stage Amount No. Investors Investors Date
Grant $10.00K 1 06 Apr 2022
Non Equity Assistance Unknown 1 Newchip Accelerator 01 Oct 2020
Grant $10.00K 1 31 May 2019
Grant $10.00K 1 31 Jan 2018

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