About Simreka
Simreka is a company based in Utrecht (Netherlands) founded in 2007 by Akshay Patel.. Simreka offers products and services including Virtual Experiment Platform, DataBank, Generative AI for Material Informatics, and Sustainable Manufacturing. Simreka operates in a competitive market with competitors including Citrine Informatics, MaterialsZone, Process Systems Enterprise, aPriori and Shichuang Technology, among others.
- Headquarter Utrecht, Netherlands
- Founders Akshay Patel
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Devtaar Gmbh
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Techstars
& 2 more
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Employee Count
Employee Count
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Products & Services of Simreka
Simreka offers a comprehensive portfolio of products and services, including Virtual Experiment Platform, DataBank, Generative AI for Material Informatics, and Sustainable Manufacturing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for streamlining R&D experiments with predictive algorithms.
Tool for secure data storage and analysis in manufacturing.
AI system for predicting material properties and reactions.
Software enabling eco-friendly product development processes.
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Funding Insights of Simreka
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Seed - Simreka | Valuation | HTGF | |
| Jun, 2017 | Amount | Seed - Simreka | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simreka
Simreka has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Techstars, SAP.iO and High-Tech Gründerfonds. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups in industries and technology sectors are accelerated by SAP.iO.
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Founded Year | Domain | Location | |
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Early-stage investments are made in high-tech startups by HTGF.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simreka
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Simreka
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simreka Comparisons
Competitors of Simreka
Simreka operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Citrine Informatics, MaterialsZone, Process Systems Enterprise, aPriori and Shichuang Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of AI-based solutions for materials informatics
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| domain | founded_year | HQ Location |
Platform offering visual analytics solutions
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| domain | founded_year | HQ Location |
Process modeling software and model-based engineering services are offered.
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| domain | founded_year | HQ Location |
Cost management platform is provided for discrete manufacturers.
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| domain | founded_year | HQ Location |
CAE software is provided for manufacturing industry simulations.
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| domain | founded_year | HQ Location |
AI and cloud-based models for battery manufacturing are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Simreka
When was Simreka founded?
Simreka was founded in 2007 and raised its 1st funding round 10 years after it was founded.
Where is Simreka located?
Simreka is headquartered in Utrecht, Netherlands.
Who is the current CEO of Simreka?
Akshay Patel is the current CEO of Simreka. They have also founded this company.
What does Simreka do?
Simreka was founded in 2007 in Utrecht, Netherlands, within the AI and machine learning sector focused on materials science. Simulation software for discovering new materials is provided, along with a platform featuring high-quality data and advanced analytics. Operations include supply chain transformation, integrated decision support, and simulations based on public and proprietary data curation. Analytics are powered by scientific algorithms, serving clients such as Rabobank, SAP Run Simple, and NSF.
Who are the top competitors of Simreka?
Simreka's top competitors include Citrine Informatics, MaterialsZone and Process Systems Enterprise.
What products or services does Simreka offer?
Simreka offers Virtual Experiment Platform, DataBank, Generative AI for Material Informatics, and Sustainable Manufacturing.
Who are Simreka's investors?
Simreka has 3 investors. Key investors include Techstars, SAP.iO, and High-Tech Gründerfonds.
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