Valor, Atreides, and Sequoia again AI startup Flow Engineering at $750M valuation

Flow Engineering, a startup that provides AI instruments for {hardware} design, has raised a $50 million Series B spherical at a $750 million valuation from some big-name buyers, the corporate announced on Wednesday.

The spherical was co-led by Antonio Gracias of Valar Equity Partners (best known for its investments in Elon Musk’s companies, particularly SpaceX) and Gavin Baker of Atreides Management (a hedge fund that has additionally backed Musk’s firms and others like AI chipmaker Cerebras). Sequoia Capital, which led Flow’s Series A spherical final October, additionally participated, as did former Sequoia accomplice Roelof Botha, who invested as a person investor. Botha has joined Flow’s board, too.

Three-year-old, San Francisco-based Flow is tackling the difficulties of {hardware} design by providing AI brokers that routinely align CAD drawings with product necessities, simulation outcomes, and different testing.

It names Anduril, Rivian, Joby Aviation, General Motors PPU (a three way partnership between General Motors and TWG Motorsports), RV Tech (a Rivian and Volkswagen three way partnership), Stoke Space, and others, as clients.