NEWTWEN
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NEWTWEN

https://www.newtwen.com/
Last activity: 17.03.2024
Categories: AutomationDevelopmentEnergyTechEngineeringHardwareIndustryLearnPhysicalProductionSoftware
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.
Followers
851
Mentions
4
Location: Italy, Veneto, Padua
Employees: 11-50
Total raised: $8.65M
Founded date: 2020

Investors 3

Funding Rounds 2

DateSeriesAmountInvestors
26.05.2023-$7.52MVertis
01.09.2021Pre-Seed$1.12M-

Mentions in press and media 4

DateTitleDescriptionSource
25.07.2023Italy’s Auto Innovators: 15 Groundbreaking Startups Driving ...Italy, long known for its love affair with fast cars and high-end design, is witnessing a new breed ...eustartup....
26.05.2023Italian startup NEWTWEN bags new €7M funding round led by Fr...Padua, Italy-based NEWTWEN, a company that focuses on developing advanced software solutions in the ...siliconcan...
26.05.2023NEWTWEN 7 mln per la startup dei digital twinNEWTWEN è una startup deep tech nata per supportare le aziende nella transizione elettrica. Tra i su...startup-ne...
-NEWTWEN“Homepage”fastfounde...

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