Recently, Hefei Jiushao Intelligent Technology Co., LTD. (referred to as “Jiushao Intelligent”) completed tens of millions of yuan angel round financing, this round of financing by Hefei Shushan Venture Capital, Hefei seed Fund and deep potential technology led investment, Hua Kai Holdings and North new materials and other industrial investors with investment. The funds raised in this round are mainly used for the development of the NEXT generation of Jiushao core AMCAX 3.5 and the construction of Jiushao Jingguang NEXT design and analysis platform.
Jiushao Intelligence was founded in January 2022, formerly known as Keda Jiushao Team, is a scientific and technological company led by academicians of the Chinese Academy of Sciences and jointly founded by professors and doctoral teams of the University of Science and Technology of China through the transformation of scientific and technological achievements and empowered by the University of Science and Technology of China. The company is headquartered in Hefei, with offices in Hefei, Suzhou and Shanghai. Jiushao Intelligence is one of the very few domestic and international teams that fully master the underlying core technology of CAD/CAE/CAM industrial software, especially the geometric core technology after more than 40 years of accumulation and four generations of academic inheritance, in 2017 to start the engineering of technical algorithms, and in 2022 to start commercialization with the support of the University of Science and Technology of China. Jiushao kernel AMCAX is the only CAD/CAE/CAM kernel from 0 to 1, including geometric kernel, geometric constraint solver and CAX integrated computing engine. Jiushao kernel supports polygonal mesh modeling, parametric feature modeling and free-form surface modeling, and has the ability of large-scale promotion and application in the industrial design software market. The kernel adopts the internationally leading and original breakthrough algorithms and theories, and shows the performance and function beyond the existing international products in the high-end CAD/CAE/CAM applications. Jiushao Jingguang NEXT is an open cloud native platform based on Jiushao kernel design and simulation integrated industrial software cloud platform. Through the open secondary development capability of the NEXT platform, Jiushao Jingguang NEXT and Jiushao core AMCAX can provide CAX technical services for downstream partners in a more diversified and multi-level way, support industrial application software in all walks of life, and develop domestic industrial software application ecology.
For this round of financing, Hefei Shushan Venture Capital said: geometric core is the underlying core technology of industrial software, high research and development difficulty, long cycle, we admire Professor Yang Zhouwang and Dr. Zheng Yufeng led Kedajiushao team dare to face such a hard core problem. Jiushao intelligent and Anhui Applied Mathematics Center are seated in the “Science and Technology Silicon Valley” Shushan Park, Shushan Venture Capital is very happy to accompany and support such an excellent team from the beginning of the team’s establishment, and will continue to support them as always, I believe they can deduce the bright future of China’s high-end industrial software.
Hefei Seed Fund said: We are pleased to see a team with an interdisciplinary background that really starts from the core fundamental problems and is solving industrial software problems. Jiushao team has obvious advantages, very solid technology, and is also one of the first teams since the implementation of the policy of empowerment and transformation of scientific and technological achievements of the University of Science and technology. They started their business after many years of accumulation in the school to see the new needs of the country and new trends in the industry. We are very excited to participate in it. From the beginning of their founding, the seed fund wants to participate in it, and wishes them to set sail, start from Hefei, cross China, and go to the world.
Deep potential technology said: Jiushao core is a completely domestic independent commercial geometric core. Jiushao team is strong in CAD geometric modeling algorithms, CAE pre and post processing, etc., and has accumulated many years in CAX underlying technology and algorithms. Deep potential technology and Jiushao intelligence have established strategic cooperation before, this time through investment Jiushao intelligence, will deepen our cooperation and application practice. The two sides have a lot of complementary and collaborative places, and will serve more user needs and scenarios together, and further empower advanced manufacturing and industrial software.