Summary of Berlin-based deep-tech startup Key Ward emerges from stealth with €1M to boost AI adoption in Automotive, Aerospace, others - Tech Startups

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    Key Ward: Revolutionizing Engineering with AI

    Key Ward, a Berlin-based deep-tech startup, is on a mission to accelerate the adoption of AI in engineering, with the ultimate goal of speeding up design processes and making engineers' lives easier.

    • The company has just emerged from stealth mode, securing €1 million in pre-seed funding led by Wellstreet, a Stockholm-based venture capital firm.
    • Key Ward is building a no-code SaaS platform that allows engineering teams in industries like automotive and aerospace to easily integrate AI into their workflows.

    Empowering Engineers with AI

    The platform's core focus is on streamlining the design process by enabling engineers to leverage the power of AI without needing extensive coding expertise or costly in-house development. This is particularly relevant for addressing the challenge of transitioning from proof-of-concept designs to full-scale production, a process that can often be time-consuming and expensive.

    • The platform allows engineers to extract and organize complex datasets from past simulations, creating custom AI models that can predict design performance in seconds.
    • This capability contrasts with traditional simulations, which can take days to complete. Key Ward's AI-powered platform effectively accelerates the design process and helps engineers avoid common setbacks in moving from concept to production.

    AI for Design Optimization: Faster & More Efficient

    Key Ward's AI-powered platform offers several benefits for engineers:

    • Faster Design Iterations: AI can analyze vast amounts of data and generate predictions quickly, enabling engineers to iterate on their designs faster and explore more options.
    • Improved Accuracy: AI-powered simulations can often provide more accurate predictions compared to traditional methods, leading to better designs and fewer errors.
    • Cost Savings: By reducing the time and effort required for design iterations, AI can help companies save significant costs on development and production.
    • Enhanced Innovation: AI can assist engineers in exploring novel design concepts and identifying new opportunities for optimization, leading to more innovative and advanced products.

    Key Ward's Mission: Democratizing AI for Engineering

    The idea for Key Ward came from Hoss Habib, co-founder and CEO, who, during his time at Porsche, recognized the inefficiencies and high costs associated with traditional car simulations and wind tunnel testing.

    • Seeking a better solution, Habib teamed up with Maxime Bunel, Asparuh Stoyanov, and Lyuben Vodenicharov to create Key Ward, a platform that aims to make AI accessible to all engineers, regardless of their coding skills.
    • Key Ward's platform empowers engineers to manage and analyze data effectively, allowing them to focus on innovation while maintaining control over their AI models.

    Industry Impact: Key Ward's Platform Across Sectors

    While initially focused on the automotive and aerospace industries, Key Ward's versatile platform now proves its value across other fields, including packaging, biomedicine, and marine engineering.

    • Its ability to handle complex simulations and geometrical data makes it an essential tool for engineers aiming to optimize designs swiftly and efficiently.

    Key Ward's Vision: Leading AI Adoption in Engineering

    Key Ward's success in securing €1 million in pre-seed funding and attracting industry veterans from leading companies like Siemens, Autodesk, and Dassault Systèmes highlights the potential of its technology to transform the engineering landscape.

    • Key Ward's AI-powered platform addresses the challenges of AI adoption in traditional industries, offering a user-friendly solution that empowers engineers to harness the power of AI for faster and more efficient design processes.

    Key Ward's Funding and Partners

    The pre-seed funding round was led by Wellstreet, a Stockholm-based venture capital firm, with participation from industry veterans connected to companies like Siemens, Autodesk, Dassault Systèmes, Ansys, Altair, and Hexagon, including notable figures such as Andy Fine, Edouard lété, and Eric Saint Frison.

    • This strong backing from leading industry players underscores the confidence in Key Ward's potential to disrupt the engineering sector.

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