NEWTWEN is a start-up company founded in 2020 as a spin-off of the University of Padua under the name Hexadrive Engineering by a team of young researchers and professors. We develop advanced software solutions for the electrical drive and automation industry that can quickly and automatically generate Digital Twins that operate in real-time, can evolve adaptively and can be directly integrated into control chips.
Our innovative solutions enable to accurate estimate physical quantities otherwise impossible to measure by traditional methods, with an unprecedented level of accuracy. Our Digital Twins on Chip (DTOC) provide optimal cooling management, real-time monitoring and model predictive control allowing for lower production costs, higher efficiency, energy saving and extended lifetime.
Our mission is to become leader in the development of software tools which automatically generate embeddable and adaptive Digital Twins with the vision of accelerating sustainable growth and technological innovation in the electrification transition.
Not only electrical machinery manufacturers, but also companies that use or produce electrical and electronic devices, such as manufacturing and energy plants, can benefit from our solutions and accelerate digitisation and sustainable energy production.
Contact us to learn more about our disruptive solutions.
Our innovative solutions enable to accurate estimate physical quantities otherwise impossible to measure by traditional methods, with an unprecedented level of accuracy. Our Digital Twins on Chip (DTOC) provide optimal cooling management, real-time monitoring and model predictive control allowing for lower production costs, higher efficiency, energy saving and extended lifetime.
Our mission is to become leader in the development of software tools which automatically generate embeddable and adaptive Digital Twins with the vision of accelerating sustainable growth and technological innovation in the electrification transition.
Not only electrical machinery manufacturers, but also companies that use or produce electrical and electronic devices, such as manufacturing and energy plants, can benefit from our solutions and accelerate digitisation and sustainable energy production.
Contact us to learn more about our disruptive solutions.
Location: Italy, Veneto, Padua
Employees: 11-50
Total raised: $8.65M
Founded date: 2020
Investors 3
| Date | Name | Website |
| 16.12.2022 | Plug and P... | plugandpla... |
| 17.03.2024 | MK Venture... | mk-vc.com |
| - | Startup Au... | startup-au... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 26.05.2023 | - | $7.52M | Vertis |
| 01.09.2021 | Pre-Seed | $1.12M | - |
Mentions in press and media 5
| Date | Title | Description |
| 09.04.2024 | PACE Anti-Piracy, Inc. Selected to Protect NEWTWEN’s Digital Twin Technology | Embedded Digital Twin Technology Gains Advanced Licensing to Safeguard IP With iLok's robust protection technology and efficient toolchain, we can confidently deliver our software to users, knowing it’s secure and user-friendly.” — Milo De ... |
| 25.07.2023 | Italy’s Auto Innovators: 15 Groundbreaking Startups Driving The Future Of Automotive Industry | Italy, long known for its love affair with fast cars and high-end design, is witnessing a new breed of startups that are taking the world of automotive to new heights. Let’s explore these 15 dynamic Italian startups revolutionizing the auto... |
| 26.05.2023 | Italian startup NEWTWEN bags new €7M funding round led by France-based 360 Capital | Padua, Italy-based NEWTWEN, a company that focuses on developing advanced software solutions in the Digital Twins area, announced on Friday that it has secured €7M in a Series A round of funding. The round was led by 360 Capital with partic... |
| 26.05.2023 | NEWTWEN 7 mln per la startup dei digital twin | NEWTWEN è una startup deep tech nata per supportare le aziende nella transizione elettrica. Tra i suoi obiettivi c’è quello di aiutare concretamente i produttori a ridurre l’impatto ambientale dei motori elettrici a batteria. Il round di fi... |
| - | NEWTWEN | “Homepage” |