Quaisr
Quaisr is a technology company.
Financial History
Quaisr has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has Quaisr raised?
Quaisr has raised $3.0M in total across 1 funding round.
Quaisr is a technology company.
Quaisr has raised $3.0M across 1 funding round.
Quaisr has raised $3.0M in total across 1 funding round.
Quaisr has raised $3.0M in total across 1 funding round.
Quaisr's investors include Cherry Ventures, La Famiglia, Mosaic Ventures, Chris Schagen.
Quaisr is a UK-based engineering software company that builds a platform for integrating and operationalizing modeling and simulation workflows, enabling engineering teams to make data-driven decisions more efficiently.[1][2] It serves industries like aerospace, chemicals, consumer goods, defence, energy, mining, and pharmaceuticals, solving the problem of siloed simulations by connecting existing data sources, ERP/PLM systems, and built-in optimization/AI algorithms to reduce physical experimentation, boost sustainability, and accelerate no-code app creation for secure enterprise deployment.[1][2] With under 25 employees and less than $5 million in total funding across one round, Quaisr shows early growth momentum through partnerships like Aerospace Xelerated, AWS European Defence Accelerator, and collaborations with QinetiQ and the European Innovation Council.[1][2]
Quaisr emerged as a spinout from Imperial College London and The Alan Turing Institute, founded by a team of PhDs and researchers in engineering, machine learning, and cloud-native development.[2][4] Key co-founders include Richard Craster, Omar Matar, Lachlan Mason (CEO), and Indranil Pan (Chief Scientist), bringing deep academic expertise to bridge research and industry needs.[4] The idea stemmed from maximizing value in existing modeling and simulation efforts, gaining early traction via selection into accelerators and partnerships that validate its focus on high-stakes sectors like defence and aerospace.[1][2]
Quaisr rides the wave of digital twins, AI-driven simulation, and industrial digitalization, where enterprises seek to minimize real-world testing amid sustainability pressures and supply chain disruptions.[1][2] Timing aligns with surging demand in regulated sectors—defence accelerators and healthcare consortia highlight its fit for Europe's push toward AI-optimized engineering post-2020s tech investments.[2] Market forces like rising energy costs and net-zero mandates favor its efficiency gains, while it influences the ecosystem by democratizing sim workflows, fostering partnerships (e.g., QinetiQ, Multiwave), and scaling "SimOps" as a standard for simulation-backed AI in mission-critical ops.[2][3]
Quaisr is poised to expand via deeper accelerator integrations and sector-specific pilots, potentially growing funding and headcount as SimOps becomes essential for AI-industrial convergence.[1][2] Trends like agentic AI, edge computing, and regulatory pushes for sustainable manufacturing will propel it, evolving its influence from niche spinout to key enabler in Europe's engineering tech stack—unlocking simulation value at scale for data-driven industries.[2][4] This positions Quaisr as a foundational player in operationalizing the simulation economy.
Quaisr has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $3.0M Seed | Cherry Ventures, La Famiglia, Mosaic Ventures, Chris Schagen |