Simularge Secures Strategic Funding to Advance Industrial Digital Twin Technology
Simularge, a deep‑tech startup pioneering physics‑informed artificial intelligence and digital twin software to optimize industrial manufacturing processes, has continued to advance its funding trajectory with support from a range of strategic backers that underscore its potential to transform production across sectors such as automotive, aerospace, energy, and industrial goods. Founded in 2018 by brothers Dr. Büryan Turan and Dr. Erhan Turan, the company’s growth story reflects the intersection of advanced engineering, machine learning, and real‑time process optimization — all backed by capital and institutional partnerships that bridge innovation and industrial impact.
Simularge’s funding history includes an investment of approximately $350,000 from the Innovative and Advanced Technologies Fund, managed under the Turkiye Development Fund umbrella — a pivotal boost that helped the company refine its product portfolio, accelerate customer acquisition, and support research and innovation aimed at industrial digitalization and green transformation. This early investment, based on a roughly $3.35 million valuation at the time, marked a significant point in Simularge’s evolution and signaled confidence in its ability to solve complex engineering and manufacturing challenges.
The Innovative and Advanced Technologies Fund itself is part of a broader initiative to support technology companies operating at the frontier of engineering, artificial intelligence, and automation. As a dedicated venture capital arm, this fund targets startups that can elevate domestic and global competitiveness with transformative technology solutions.
Simularge’s investor base goes beyond its initial seed support, encompassing a blend of defense and industrial partners that illustrate its cross‑sector appeal. Institutions such as SSTEK Defence Industry Technologies Inc, an organization affiliated with the Presidency of the Republic of Turkey’s Defence Industry Agency and a key backer of the Innovative and Advanced Technologies Fund, provide not only capital but strategic alignment with national technological priorities. SSTEK’s involvement brings defense‑industry insights and support to Simularge’s mission of embedding AI and physics‑driven digital twin capabilities into industrial workflows.
Complementing SSTEK’s participation are contributions from major Turkish defense and industrial players — including ASELSAN, TUSAŞ (Turkish Aerospace Industries), ROKETSAN, and HAVELSAN — all of which appear among the broader investor ecosystem supporting the company’s growth. These defense and aerospace firms bring deep technical expertise and substantial industrial networks that can catalyze product commercialization and adoption in high‑stakes manufacturing contexts.
Simularge’s technology — a platform that integrates advanced computer‑aided engineering (CAE), deep learning, and real‑time data streams to create digital twins of manufacturing systems — reflects a deep commitment to efficiency, predictive maintenance, and optimization. By combining thermal physics models with machine learning, Simularge enables manufacturers to reduce waste, increase throughput, and enhance overall equipment effectiveness (OEE) in processes where conventional analytics fall short.
Institutional support from accelerators and ecosystems such as Alchemist Accelerator and incubation by İTÜ Çekirdek further reinforces Simularge’s position in both domestic and international innovation networks, providing mentorship, visibility, and connections that extend beyond financial investment.
The backing from both venture capital and corporate strategic investors highlights a broad confidence in Simularge’s ability to address pressing challenges in Industry 4.0 while positioning itself as a leader in industrial digital twin technology. With early investments already translated into product refinement and market traction — including partnerships with leading manufacturers — the startup is poised to leverage its funding to scale operations, deepen technological innovation, and expand its footprint across critical industrial sectors.
As global manufacturing increasingly prioritizes smart, data‑driven optimization, the investments in Simularge underscore a belief that deep‑tech solutions combining domain‑specific physics with AI can deliver substantial competitive advantage and measurable impact. Supported by a blend of public venture funds, defense industry partners, and innovation accelerators, Simularge continues its journey from regional startup to influential player in industrial AI and digital transformation.
