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May 2, 2023

Quaisr raises $3.1 million in pre-seed funding

The company simplifies data-linking processes and AI

London-based cloud integration service for digital twins, Quaisr, has secured $3.1 million in a pre-seed funding round. The investment was led by Crane Venture Partners, with Acequia Capital and angel investors, including Carsten Thoma, founder of Hybris, and Eric Landau, founder of Encord, also participating.

Quaisr plans to use the funding to expand its team, hiring both business development and engineering positions. The company's CEO, Lachlan Mason, noted that techniques such as DevOps and MLOps are now making their way into heavy industries where process simulation is critical. As a result, Quaisr aims to pioneer the SimOps category, which combines simulation with operational data. The company's end-to-end tooling aims to automate engineering and research scientists' processes at scale and in a self-service manner.

Through its cloud integration service, Quaisr leverages the digitalization investments of multinational companies to help engineering teams connect their building blocks and put them at their fingertips. With the increasing adoption of simulation and operational data in heavy industries, Quaisr's innovative solution aims to streamline the process and drive efficiency.

Neil Hodgson Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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