Research Institute for Computational Science
Technology development with the aim of automating the design process in the manufacturing industry.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | N/A | Support Program | |
| Total Funding | 000k | ||
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RICOS Ltd specializes in computational science and technology to address social issues through advanced product development. The company focuses on creating and enhancing its CAE (Computer-Aided Engineering) platform, RICOS Production Suite, and developing machine learning algorithms. RICOS Production Suite includes RICOS Lightning, an application that predicts simulation results using machine learning, and RICOS Cloud CAE, which allows for cloud-based simulation from CAD model generation to result visualization. The company serves industries requiring high-speed and accurate simulations, such as automotive, aerospace, and manufacturing. RICOS operates on a pay-as-you-go billing system for its cloud services, making it accessible and cost-effective for users. Revenue is generated through subscriptions and usage-based fees for its software solutions. The company also offers comprehensive technical support and resources for its products.
Keywords: CAE platform, machine learning, simulation, cloud-based, RICOS Lightning, RICOS Cloud CAE, pay-as-you-go, technical support, automotive, aerospace.