AI for Engineering & Product Development: Product Data, PLM & Digital Thread AI

15 Companies 1 Categories

Startups applying AI to product data, BOMs, requirements, documentation, and engineering history, creating intelligence layers on top of PLM and fragmented engineering systems.

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15 companies

SPREAD

spread.ai

SPREAD is an AI-native engineering intelligence platform that connects fragmented product data across PLM, CAD, ERP, ALM, and related systems into a unified engineering ontology and virtual product twin for complex product development.

100+ employees Employees Series B Stage 2019 Founded
Trajectory Signals Strength Moderate

Confidence: Medium

Makersite

makersite.io

Makersite is an AI-powered product lifecycle intelligence platform that connects product data with cost, carbon, compliance, and supply-chain risk information so manufacturers can make better design and procurement decisions.

170+ employees Employees Series B Stage 2018 Founded
Trajectory Signals Strength Moderate

Confidence: Medium

Trace.Space

trace.space

Trace.Space is an AI-powered systems engineering and requirements management platform that ingests product and engineering data from tools like PDFs, JIRA, Git, Confluence, and APIs to build a connected traceability graph for complex product development.

Unknown Employees Seed Stage 2022 Founded
Trajectory Signals Strength Slight

Confidence: Medium

Monolith AI

monolithai.com

Monolith AI provides an engineering-focused AI platform that helps product development teams analyze test, simulation, and CAD data to optimize designs, reduce physical testing, and accelerate development cycles.

11-50 employees Employees Acquired Stage 2016 Founded
Trajectory Signals Strength Strong

Confidence: Medium

Duro

durolabs.co

Duro is an AI-native, cloud-based PLM platform for hardware engineering that centralizes product data, revision control, BOMs, and integrations across the product development lifecycle.

11-50 employees Employees Acquired Stage 2017 Founded
Trajectory Signals Strength Strong

Confidence: High

Tandem

tandem.inc

Tandem is an AI platform for hardware engineering that captures design intent, requirements, design changes, reviews, and decisions in one system to reduce rework and speed up design and compliance workflows.

2-10 employees Employees Pre Seed Stage 2025 Founded
Trajectory Signals Strength Moderate

Confidence: Medium

Miura Simulation

miurasimulation.com

Miura Simulation is a French deeptech startup that turns industrial simulation data into AI-ready engineering data infrastructure, helping engineers build and deploy AI models for product design and simulation workflows.

12 people Employees Seed Stage 2020 Founded
Trajectory Signals Strength Moderate

Confidence: Medium

Flow Engineering

flowengineering.com

Flow Engineering builds an AI-native requirements and systems-engineering platform for hardware teams, connecting requirements, design artifacts, CAD, simulation, code, and test in a living system of record.

11-50 employees Employees Series A Stage 2016 Founded
Trajectory Signals Strength Strong

Confidence: High

Cognyx

cognyx.io

Cognyx builds an AI-powered engineering acceleration platform for hardware manufacturers, centered on a universal, collaborative BOM and digital continuity across engineering systems.

11-50 employees Employees Pre Seed Stage 2023 Founded
Trajectory Signals Strength Slight

Confidence: Medium

Ketryx

ketryx.com

Ketryx provides AI-native compliance and application lifecycle management software for regulated product teams, especially in medical devices and life sciences, connecting tools like Jira and GitHub into a traceable development workflow.

51-200 employees Employees Series B Stage 2021 Founded
Trajectory Signals Strength Strong

Confidence: Medium

CoLab

colabsoftware.com

CoLab is an AI-powered engineering collaboration platform that helps hardware and mechanical engineering teams review designs, connect product data, and make faster product decisions.

160 employees Employees Series B Stage 2017 Founded
Trajectory Signals Strength Strong

Confidence: Medium

AI Marketplace GmbH (portal0)

portal0.engineering

portal0 is an AI-native requirements management platform that helps engineering teams turn specs, PDFs, emails, and legacy documents into structured, traceable requirements with quality checks and integrations into existing engineering tools.

11-50 employees Employees Unknown Stage 2022 Founded
Trajectory Signals Strength Slight

Confidence: Medium

Bild

getbild.com

Bild is a cloud PDM/PLM platform for modern hardware teams that helps automate engineering workflows such as version control, BOM management, engineering change management, and supplier collaboration.

11-50 employees Employees Seed Stage 2020 Founded
Trajectory Signals Strength Moderate

Confidence: Medium

Cadenza

cadenza-alm.com

Cadenza is an AI-powered intelligence layer for requirements engineering and ALM that connects to tools like Polarion, Codebeamer, Jama Connect, and DOORS Next to automate traceability, compliance analysis, test/requirement generation, and workflow updates. ([cadenza-alm.com](https://cadenza-alm.com/))

Unknown Employees Unknown Stage Unknown Founded
Trajectory Signals Strength Slight

Confidence: Low

oroForge Inc.

oroforge.com

oroForge is a cloud-based PLM platform for hardware startups and small-to-mid-size hardware teams, with BOM management, change tracking, component data management, document storage, and related engineering operations tools.

Unknown Employees Unknown Stage Unknown Founded
Trajectory Signals Strength Slight

Confidence: Medium

Investors

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Funding & Exits

Jun 2026
Apr 2026

SPREAD

Series B

$30M • Investors: DTCP Growth, IQT, OTB Ventures, Salesforce, Thesiger Capital, Christian Schulz

SPREAD
Jan 2026

Miura Simulation

Seed

EUR 2M • Investors: Atlantique Business Angels Booster, Arts et Métiers Business Angels, Aerospace Angels, Pays de la Loire Participations, Centrale Innovation

Miura Simulation press release
Dec 2025
Nov 2025

Bild

Series A

$9M • Investors: Mucker Capital, Shasta Ventures, Tola Capital, Counterview Capital

Bild LinkedIn post

CoLab

Series C

$72M • Investors: Intrepid Growth Partners, Insight Partners, Y Combinator, Pelorus VC, Killick Capital, Spider Capital

Business Wire
Oct 2025

Flow Engineering

Series A

$23M • Investors: Sequoia Capital, Patrick Collison, John Collison, David Helgason, Odyssey Ventures

Flow Engineering
Sep 2025

Ketryx

Series B

$39M • Investors: Transformation Capital, Lightspeed Venture Partners, MIT's E14 Fund, Ubiquity Ventures, 53 Stations

PR Newswire

Tandem

Seed

$200K • Investors: Antler

Dealroom
Jul 2025

Makersite

Series B

EUR 60M • Investors: Lightrock, Partech, SE Ventures, Hitachi Ventures, KOMPAS VC, Translink Capital, Planet A Ventures

Makersite Press Release
Feb 2025

Trace.Space

Seed

$4M • Investors: Cherry Ventures, Outlast Fund, Nebular, Fiedler, Change Ventures

TechCrunch
Jul 2024

Cognyx

Pre-Seed

EUR 1.7M • Investors: Bpifrance (Digital Venture), Christophe Raynaud, Roxanne Varza, Simon Dawlat, Ning Li, Philippe Varin, Arno Zinke, other business angels

Bpifrance
May 2024

CoLab

Series B

$21M • Investors: Insight Partners, Y Combinator, Killick Capital, Pelorus VC

CoLab Software
Apr 2024

Duro

Seed

$7.5M • Investors: Primary Ventures, Bonfire Ventures, Riot Ventures

Duro
Dec 2023

Ketryx

Series A

$14M • Investors: Lightspeed Venture Partners, MIT's E14 Fund, Ubiquity Ventures

PR Newswire
May 2023

SPREAD

Series A

$16M • Investors: HV Capital, Cavalry Ventures, Dylan Field, Sennder founders, Walter Kortschak

SPREAD
Feb 2023

Trace.Space

Pre-Seed

$1.5M • Investors: Fiedler Capital, Change Ventures, Tiny VC, Foreword VC, Nebular, Charlie Songhurst

BalticVC
Dec 2022
Oct 2022

Makersite

Series A

$18M • Investors: Hitachi Ventures, Translink Capital, KOMPAS VC, Planet A Ventures

Business Wire
Jun 2022
Nov 2021

Duro

Seed

$4M • Investors: Bonfire Ventures, Riot Ventures

TechCrunch
Oct 2021

Bild

Seed

$3M • Investors: Tola Capital, Lux Capital, Shasta Ventures, Counterview Capital, Frontier Ventures, Techstars

TechCrunch

CoLab

Series A

$17M • Investors: Insight Partners, Xometry, Onshape, GrabCAD, Bosch, Tesla, Atlassian

CoLab Software
Aug 2021

Monolith AI

Series A

GBP 8.5M • Investors: Insight Partners, Pentech, Touchstone, Alejandro Agag, Apex Black, Stanford Angels of the UK

Monolith AI
Jan 2020
Nov 2019

SPREAD

Seed

$2.9M • Investors: Cavalry Ventures, La Famiglia, Business Angels

Seedtable
Oct 2019

CoLab

Seed

CAD 2.7M • Investors: Spider Capital, Liquid 2, FundersClub, Killick Capital, Pelorus Venture, Panache Ventures

BetaKit
May 2019

Monolith AI

Seed

GBP 1.9M • Investors: Pentech Ventures, Stanford Angels of the UK, Ascension Ventures, Charlie Songhurst

Pentech Ventures
Jun 2018

CoLab

Pre-Seed

CAD 600K • Investors: Pelorus Venture, Killick Capital, Panache Ventures

CoLab Software

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Market analysis

AI and the New Intelligence Layer for Product Data

Explore how AI is changing product data, PLM, and digital thread workflows by making engineering knowledge more searchable, connected, and useful across requirements, BOMs, CAD,...

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