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CENOS is a technology company.
CENOS develops specialized simulation software designed to make complex engineering analysis broadly accessible. The platform provides intuitive and efficient tools, with a strong focus on applications such as induction heating. Its technical approach emphasizes democratizing simulation capabilities, leveraging open-source components to deliver practical solutions for diverse engineering challenges.
The company was founded in 2017 by Mihails Scepanskis, a PhD in physics and mathematics. He co-founded CENOS, driven by a collective passion for engineering and science, and the insight that practical, user-friendly simulation tools were essential to meet real-world industrial demands, bridging the gap between advanced analysis and everyday workflows.
CENOS primarily serves practical engineers, along with production plants and small to medium-sized businesses requiring robust simulation capabilities without extensive specialized training. The company's vision is to further democratize engineering simulation, enabling more organizations to utilize advanced analysis for design optimization and process improvement across various industries.
CENOS has raised $1.5M across 2 funding rounds.
CENOS has raised $1.5M in total across 2 funding rounds.
Cenos is a Latvia-based technology company founded in 2017 that develops accessible 3D simulation software for practical engineers in industries like manufacturing, automotive, and telecommunications.[1][2][3] Its products target applications such as induction heating, radio frequency (RF), wireless charging, and electromagnetic stirring, enabling users without deep simulation expertise to perform in-house analyses quickly and affordably.[1][2] The software leverages open-source algorithms to cut design cycles and costs by up to 90% and 75% of time for small and medium-sized businesses (SMBs), serving engineers across Europe, the Americas, and beyond with offices in Riga, Latvia, and Querétaro, Mexico.[2][3][5] With $1.42M raised in seed funding (last round $50K two years ago), Cenos maintains seed-stage momentum amid a Mosaic Score decline, focusing on user-friendly tools that democratize engineering simulations.[1]
Cenos emerged in 2017 from Riga, Latvia, as a startup aimed at making advanced simulation accessible to everyday engineers rather than simulation specialists.[1][3] While specific founders are not detailed in available sources, the company quickly gained traction by addressing pain points in niche engineering fields like induction heating and RF design, helping world-famous automotive manufacturers save six-figure sums through efficient inductor design and 3D printing services via 3Dinductors.com.[1][6] Pivotal moments include the release of Induction Heating Simulation Software version 2.0, showcased at the ThermProcess trade show in Germany, and the recent launch of RF 2.0, which expands RF and antenna design capabilities with improved workflows.[1][2] Early growth focused on Europe and expanded to the Americas, building on Latvia's engineering talent pool.[3]
Cenos stands out in the engineering simulation market through these key strengths:
Cenos rides the wave of AI-enhanced engineering simulations and democratization of CAE (computer-aided engineering) tools, particularly in RF and SATCOM on the move markets where AI revitalizes radio frequencies for applications like antennas and wireless systems.[1] Timing aligns with North America's dominance (35.2% of SATCOM market in 2022) and global demand for efficient SMB tools amid rising manufacturing complexity in automotive and telecom.[1][6] Market forces favoring Cenos include open-source tech lowering barriers, cost pressures on SMBs, and trends like electromagnetic applications in EVs and 5G/6G infrastructure.[1][2] By enabling in-house simulations, Cenos influences the ecosystem by reducing outsourcing dependency, accelerating innovation for smaller players, and supporting Latvia's startup scene in exporting high-tech software globally.[3][6]
Cenos is poised to expand with RF 2.0 and potential new modules amid AI-driven RF trends, targeting growth in SATCOM, automotive, and wireless sectors as SMBs prioritize affordable sim tools.[1][2] Upcoming trends like AI workflow automation and 6G antenna design will shape its path, potentially boosting funding and user base if it reverses its Mosaic Score decline through partnerships or enterprise wins.[1][5] Its influence may evolve from niche enabler to broader CAE disruptor, empowering engineers worldwide and tying back to its mission of reshaping engineering processes for practical impact.[3]
CENOS has raised $1.5M in total across 2 funding rounds.
CENOS's investors include Capitalia, Startup Wise Guys, Uldis Sipols, 2048 Ventures, Battery Ventures, Bowery Capital, GAMEGROOVE Capital, Alexandre Scialom, JD Ross, Matt Macinnis.
CENOS has raised $1.5M across 2 funding rounds. Most recently, it raised $1.1M Seed in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $1.1M Seed | Capitalia, Startup Wise Guys | Uldis Sipols |
| Feb 1, 2020 | $390K Seed | 2048 Ventures, Battery Ventures, Bowery Capital, GAMEGROOVE Capital, Alexandre Scialom, JD Ross, Matt Macinnis |