DessIA raises €5.5 million to develop its artificial intelligence for the engineering sector

12 mai 2021

This week, the DessIA start-up announced that it had raised nearly €5.5 million from the investment funds Supernova Invest, btov Partners, Go Capital and BPI. The company offers solutions to help design technical systems for engineers and hopes to revolutionize the engineering sector with its explainable artificial intelligence platform.

Artificial intelligence to help engineers on a daily basis

DessIA was founded in 2017 by Steven Masfaraud (CTO) and Pierre-Emmanuel Dumouchel (CEO). The startup offers an AI system capable of automating design tasks and helping engineers make the best decisions by exploring all possible options. The firm wants to put AI at the service of the productivity and creativity of this profession.

The startup offers several tools, including DessIA’s cloud platform that helps find the optimal electric battery architecture, or to select a suitable cable routing for an aircraft engine. The software environment of Steven Masfaraud and Pierre-Emmanuel Dumouchel’s company aims to integrate all the design rules of engineers while relying on their thought pattern to build a “bot”.

These engineering robots allow to reduce the time needed in some steps of the design process. This time saving is useful for projects involving repetitive tasks or requiring a high number of adjustments. Pierre-Emmanuel Demouchel explains:

DessIA’s wish is “to provide engineers with virtual companions (bots) in order to help them make the right decision in a technical, normative and commercial environment that is constantly becoming more complex.”

Fundraising to accelerate DessIA’s development

The themes of power transmission, battery and wiring were initially favored by the company. Generic “bots” were developed taking into account these themes and were made available to institutions and structures employing engineers. These robots are used by different companies in various sectors: automotive, railway, aeronautics. The company has already established a strategic partnership with Safran Engineering Services, as well as with other industrial players.

It is in this context that Supernova Invest, btov Partners, Go Capital and BPI have decided to invest in DessIA. The new €5.5 million round of financing will support the company’s development in several areas: