Simufact
Develops Simufact Additive, a simulation software for metal additive manufacturing processes (LPBF, DED, binder jetting) to predict distortion and optimize part quality, enabling 'first-time-right' production.
- CEO / Founder
- Dr. Hendrik Schafstall
- Team Size
- 1001-5000
- Stage
- Active
- Total Funding
- Acquired by MSC Software (2015), then Hexagon ($834M, 2017), then Cadence Design Systems ($3.16B, 2026)
- Latest Round
- Acquired by Cadence Design Systems (via Hexagon D&E acquisition)
- Key Investors
- MSC Software (acquired 2015); Hexagon (acquired MSC 2017); Cadence Design Systems (acquired Hexagon D&E 2026)
Technology & Products
Key Products
Simufact Forming (metal forming simulation), Simufact Welding (welding process simulation), Simufact Additive (metal additive manufacturing simulation).
Technological Advantage
Verified advantage: Patented simulation technology for metal AM processes, validated by customer case studies (e.g., BAE Systems achieving >70% distortion reduction). Defensible through intellectual property and integration with Hexagon's ecosystem.
Differentiation
Value Proposition
Reduces distortion in metal AM parts by over 70% at first iteration, cutting material waste and machine time by up to 50%, and shortening development cycles for cost-effective production.
How They Differentiate
3x faster simulation setup than generic FEA tools, with 70% higher distortion reduction accuracy in first iteration vs. competitors like Ansys Additive Print, and seamless integration with Materialise for support structures.
Market & Competition
Target Customers
Aerospace, automotive, and industrial manufacturers, including suppliers and service providers
Industry Verticals
Aerospace/Defense; Automotive; Industrial Manufacturing
Competitors
Ansys; Autodesk; Siemens
Growth & Milestones
Growth Metrics
Revenue part of Hexagon's $5.9B annual revenue; used by 500+ customers in aerospace and automotive for AM simulation.
Major Milestones
Founded in 1995 as FEMUTEC; Acquired by MSC Software in 2015; Launched Simufact Additive in 2018; Part of Hexagon Manufacturing Intelligence division
Notable Customers
LuK (uses Simufact Forming for stamping simulations).