Solvay : invests $1.9 million in MultiMechanics to speed up innovation in new materials

Brussels, July 26, 2017--- Solvay, Anzu Partners and Invest Nebraska are together investing a total of $1.9 million in MultiMechanics, whose virtual testing software enables to accelerate innovation in new materials. Solvay Ventures has made the investment as part of Solvay Group's Research & Innovation function.

Solvay is a world leader in metal replacement materials. This joint investment will enhance the development of Solvay's pipeline of high performance polymer and composite materials, and expand its position in aerospace, automotive markets and other markets.

'Solvay's decision to invest in MultiMechanics is part of our ambition to accelerate innovation in complex materials and to expand the use of composites in the automotive and aerospace industries. MultiMechanic's accuracy, speed and its efficient integration with commonly used commercial finite element software packages, is changing the way we develop new materials and interact with our customers,' said Nicolas Cudré-Mauroux, Solvay Group General Manager Research & Innovation.

'Our customers greatly benefit from the software systems we develop,' said Leandro Castro, co-founder and Chief Executive Officer of MultiMechanics, 'and I am delighted that we have broad support from these new investors to help us continue to grow our team, our product offerings, and our business.'

Based in Omaha, NE, MultiMechanics allows the modelling and failure prediction of complex materials at an unprecedented level of accuracy and speed. The breakthrough TRUE Multiscale™ technology, developed over 6 years, accurately predicts and visualizes stresses and crack propagation at multiple scales, simultaneously. The software enables innovation acceleration in a large range of industries: composites, polymers, 3D printing, automotive, aerospace, energy and even applications in biotech and pharmaceuticals.