What are the latest funding news in the digital twin market? (September 2026)
Download our beautiful pitch about the digital twin market
In our digital twin market deck, you will find everything you need to understand the market
Digital twin companies announced 12 disclosed financings worth $319.1 million in the period covered by this update.
The largest rounds went to companies modeling industrial systems, utility networks, enterprise processes, vehicle fleets, and residential buildings.
Most capital went to growth-stage platforms that use synchronized operational data to improve costly real-world decisions.
And if you want to better understand this new industry, you can download our pitch covering the digital twin market.
Insights
- The five largest digital twin funding rounds represented 75.5% of the $319.1 million total, showing that investors concentrated capital in platforms with proven operational use cases.
- Infrastructure and electricity-grid digital twins accounted for about $121.1 million, or 38.0% of disclosed funding, as utilities face capacity constraints, weather risk, electrification, and data-center demand.
- JuliaHub, Neara, and Axiamatic raised a combined $182.8 million, proving that digital twin funding can support very different systems when the software improves expensive engineering or operational decisions.
- Six United States-focused companies raised about $207.7 million, or 65.1% of the total, making North America the strongest funding center in this deal set.
- Only three financings were seed or pre-seed rounds, and they totaled about $12.7 million, which suggests digital twin investors remained more focused on commercial scale than company formation.
- Healthcare digital twins appeared in two distinct forms: Sim&Cure modeled patient anatomy for procedure planning, while Mantis Biotech modeled biological and human processes for research and prediction.
- Digital twin applications are expanding beyond industrial equipment, with Digs and Axiamatic applying synchronized models to homes and enterprise transformation programs.
- The deal set spans North America, Europe, Australia, India, Saudi Arabia, and South Korea, but large checks remained concentrated in companies serving global industrial and infrastructure customers.
As this chart shows, and as featured in our digital twin market deck, search interest in digital twins has increased sharply
Summary table of the latest funding deals in the digital twin market as of September 2026
We define the digital twin market as solutions that create and maintain a digital representation of a real-world asset, system, or process to support monitoring, simulation, and optimization.
We include digital twin software platforms, applications, and implementation services that keep the twin synchronized with real operational data, whether in real time or periodically, and enable what-if analysis or performance improvement.
We exclude standalone 3D or CAD models, generic BI dashboards, and simulations or avatars that are not maintained as a twin of a specific real-world entity or system.
You can also read our detailed analysis to understand how funding activity in the digital twin market has evolved over the last few years.
We also have a quarter-by-quarter analysis of funding activity in the market here.
Finally, you can check our complete list of fundraising deals for the digital twin market (we update this list every quarter) as well as our ranking of the most funded startups.
| Name | When | Amount in $ | Round Type | Category |
|---|---|---|---|---|
| Digs | August 25, 2026 | $25.3M | Series A | Residential Building & Home Lifecycle Twins |
| JuliaHub | April 30, 2026 | $65.0M | Series B | Industrial Asset & System Twins |
| Meissa | April 2, 2026 | About $1.3M | Strategic Pre-IPO Financing | Construction & Infrastructure Twins |
| Antaris | March 31, 2026 | $28.0M | Series A First Close | Spacecraft & Mission Twins |
| ThinkLabs AI | March 31, 2026 | $28.0M | Series A | Electricity Grid & Utility Twins |
| Mantis Biotech | March 30, 2026 | $7.4M | Seed | Human & Biomedical Process Twins |
| Axiamatic | March 11, 2026 | $54.0M | Venture Round | Enterprise Process Twins |
| Neara | February 10, 2026 | About $63.8M | Series D | Critical Infrastructure & Utility Twins |
| GulfBoost Technology | January 21, 2026 | About $1.3M | Pre-Seed | Smart City & Geospatial Infrastructure Twins |
| Sim&Cure | November 28, 2025 | About $11.0M | Series Extension | Patient & Clinical Procedure Twins |
| Parallax Worlds | November 20, 2025 | $4.0M | Seed | Factory & Warehouse Twins |
| Intangles | October 7, 2025 | $30.0M | Series B | Vehicle & Fleet Asset Twins |
All the latest funding deals during in the digital twin market as of September 2026
Digs raised $25.3 million in a Series A round in August 2026.
When was it?
Digs announced the Series A financing on August 25, 2026.
Who are they?
Digs creates a persistent digital record of each home, covering construction data, handover materials, warranties, and ownership information.
Geographical focus?
Digs focuses on United States residential construction and works with homebuilders and their customers.
Why do we include them in the digital twin market?
Digs maintains a home-specific digital representation that supports construction, warranty, maintenance, and ownership workflows, placing it in residential building and home lifecycle twins.
What is the company stage?
Digs is at the commercial growth stage, with an established platform and a strategic distribution partnership.
How much did they raise?
Digs raised $25.3 million in the round.
What round is it?
The financing was a Series A led strategically by Builders FirstSource.
Why did they raise?
Digs raised the capital to expand its product, deepen builder integrations, and scale its home lifecycle platform.
JuliaHub raised $65 million in a Series B round in April 2026.
When was it?
JuliaHub announced the financing on April 30, 2026.
Who are they?
JuliaHub provides physics-based modeling software that helps engineering teams simulate, test, and optimize complex industrial systems.
Geographical focus?
JuliaHub is based in the United States and serves industrial and engineering customers globally.
Why do we include them in the digital twin market?
JuliaHub creates physics-based representations of real engineered systems and uses them for simulation, testing, prediction, and optimization.
What is the company stage?
JuliaHub is at the growth stage, with a mature commercial platform and enterprise engineering users.
How much did they raise?
JuliaHub raised $65 million in the round.
What round is it?
The financing was a Series B led by Dorilton Capital, with participation from General Catalyst, AE Ventures, and Bob Muglia.
Why did they raise?
JuliaHub raised the capital to expand its simulation platform, cloud infrastructure, and industrial customer deployments.
This chart, included in our digital twin market deck, compares the main business model options for digital twin enterprise software platforms
Meissa secured about $1.3 million in strategic financing in April 2026.
When was it?
Meissa announced the strategic investment on April 2, 2026.
Who are they?
Meissa combines satellite imagery, drone surveys, sensors, and site data to maintain updated spatial models of physical projects.
Geographical focus?
Meissa is based in South Korea, serves domestic construction customers, and is preparing for wider international expansion.
Why do we include them in the digital twin market?
Meissa connects real-world imagery and operational data to project-specific spatial models used to track and improve construction and infrastructure sites.
What is the company stage?
Meissa is at a late-growth, pre-IPO stage, with an established platform and public-market preparations underway.
How much did they raise?
Meissa raised an estimated $1.3 million based on the reported change in cumulative funding.
What round is it?
The transaction was a strategic pre-IPO investment from Timefolio Asset Management.
Why did they raise?
Meissa raised the capital to improve its spatial digital twin platform and support global growth and IPO preparations.
Antaris announced the first close of a $28 million Series A in March 2026.
When was it?
Antaris announced the first close of the financing on March 31, 2026.
Who are they?
Antaris provides software for designing, simulating, testing, manufacturing, and operating spacecraft and satellite missions.
Geographical focus?
Antaris is based in the United States and serves global commercial, government, communications, and defense space customers.
Why do we include them in the digital twin market?
Antaris creates spacecraft-specific and mission-specific digital representations that support decisions across the satellite lifecycle.
What is the company stage?
Antaris is at the early-growth stage and is moving from initial commercial validation toward broader mission deployments.
How much did they raise?
Antaris announced a $28 million first close.
What round is it?
The financing was a Series A led by WestWave Capital, with participation from Lockheed Martin Ventures and other investors.
Why did they raise?
Antaris raised the capital to expand mission software, improve AI capabilities, and support customer deployments.
This chart, included in our digital twin market deck, breaks down Neara's playbook in digital twins
ThinkLabs AI raised $28 million in a Series A round in March 2026.
When was it?
ThinkLabs AI announced the Series A financing on March 31, 2026.
Who are they?
ThinkLabs AI builds physics-informed models of electricity networks that help utilities forecast grid behavior and test system changes.
Geographical focus?
ThinkLabs AI focuses first on North American utilities, with technology that can support grid operators in other regions.
Why do we include them in the digital twin market?
ThinkLabs AI combines utility data, grid physics, and AI to model specific electricity networks for planning, monitoring, and optimization.
What is the company stage?
ThinkLabs AI is at the product-market-fit and early-growth stage, with utility deployments beyond technical development.
How much did they raise?
ThinkLabs AI raised $28 million in the round.
What round is it?
The financing was a Series A led by Energy Impact Partners, with participation from NVentures and strategic utility investors.
Why did they raise?
ThinkLabs AI raised the capital to expand utility deployments and improve grid planning for renewables, electrification, and data-center loads.
Mantis Biotech raised $7.4 million in seed funding in March 2026.
When was it?
Mantis Biotech's financing was publicly reported on March 30, 2026.
Who are they?
Mantis Biotech combines biological, behavioral, clinical, and activity data to build predictive digital models of individual people.
Geographical focus?
Mantis Biotech primarily addresses North American biomedical and healthcare customers.
Why do we include them in the digital twin market?
Mantis Biotech builds data-linked models of human biological processes and uses them to predict health and behavioral outcomes.
What is the company stage?
Mantis Biotech is at the seed stage, with early product validation and partner-led research use cases.
How much did they raise?
Mantis Biotech reported $7.4 million in total disclosed funding, including institutional seed capital.
What round is it?
The financing was a seed round led by Decibel VC, with participation from Y Combinator, Liquid 2 Ventures, and angel investors.
Why did they raise?
Mantis Biotech raised the capital to develop its models, validate them with partners, and expand the platform.
In our digital twin market deck, we identify pain points entrepreneurs should prioritize
Axiamatic raised $54 million for enterprise process twins in March 2026.
When was it?
Axiamatic announced the financing on March 11, 2026.
Who are they?
Axiamatic creates a live operational model of enterprise transformation programs by connecting plans, systems, teams, dependencies, risks, and execution data.
Geographical focus?
Axiamatic is based in the United States and primarily targets large North American enterprises and systems-integration partners.
Why do we include them in the digital twin market?
Axiamatic continuously models active enterprise processes and uses the model to predict risk and improve program execution.
What is the company stage?
Axiamatic is at the growth stage, with a commercial platform used by large enterprise customers.
How much did they raise?
Axiamatic raised $54 million in the financing.
What round is it?
Axiamatic did not disclose a conventional round label; Greylock Partners and Bessemer Venture Partners were the named investors.
Why did they raise?
Axiamatic raised the capital to scale its AI platform and help enterprises complete complex transformation programs with fewer delays and hidden risks.
Neara raised about $63.8 million in a Series D round in February 2026.
When was it?
Neara announced the financing on February 10, 2026.
Who are they?
Neara creates physics-enabled models of power lines and infrastructure that help operators inspect networks, simulate risk, and plan upgrades.
Geographical focus?
Neara was founded in Australia and is expanding across the United States, United Kingdom, Europe, and other infrastructure markets.
Why do we include them in the digital twin market?
Neara maintains network-specific models that combine infrastructure data with engineering physics for utility monitoring and optimization.
What is the company stage?
Neara is at the late-growth stage, with major utility customers and international commercial operations.
How much did they raise?
Neara raised A$90 million, reported at approximately $63.8 million.
What round is it?
The financing was a Series D led by TCV, with participation from Partners Group, EQT, Square Peg Capital, and Skip Capital.
Why did they raise?
Neara raised the capital to expand utility deployments and meet demand driven by grid aging, extreme weather, electrification, and data centers.
This market map, featured in our digital twin market deck, highlights top companies and startups in the digital twin market
GulfBoost Technology raised about $1.3 million in pre-seed funding in January 2026.
When was it?
GulfBoost Technology announced the financing on January 21, 2026.
Who are they?
GulfBoost Technology develops geospatial data products that help cities, telecom operators, and infrastructure organizations map and manage physical assets.
Geographical focus?
GulfBoost Technology operates primarily in Saudi Arabia and plans to address wider smart-city and infrastructure needs across the MENA region.
Why do we include them in the digital twin market?
GulfBoost Technology creates data-linked geospatial representations of urban and infrastructure environments for operational management.
What is the company stage?
GulfBoost Technology is at the pre-seed and early-commercialization stage.
How much did they raise?
GulfBoost Technology raised SAR 5 million, equivalent to approximately $1.3 million.
What round is it?
The financing was a pre-seed round led by Abdulaziz bin Abdullah Al-Zamil & Sons Investment Company.
Why did they raise?
GulfBoost Technology raised the capital to build its platform, strengthen technical capacity, and deploy with smart-city customers.
Sim&Cure raised about $11 million in a series extension in November 2025.
When was it?
Sim&Cure announced the financing on November 28, 2025.
Who are they?
Sim&Cure creates patient-specific models of cerebral blood vessels so physicians can test devices and plan neurovascular procedures before treatment.
Geographical focus?
Sim&Cure is based in France, serves international hospitals, and is expanding further in China and Asia-Pacific.
Why do we include them in the digital twin market?
Sim&Cure creates a digital model of an individual patient and simulates the planned procedure, placing it in patient and clinical procedure twins.
What is the company stage?
Sim&Cure is at the growth stage, with a commercial clinical product and established hospital relationships.
How much did they raise?
Sim&Cure raised €10 million, worth approximately $11 million around the announcement date.
What round is it?
The financing was a series extension led by Elaia, with participation from existing investors.
Why did they raise?
Sim&Cure raised the capital to expand clinical adoption, develop new procedure-planning software, and grow internationally.
This chart, included in our digital twin market deck, shows annual funding in digital twin startups
Parallax Worlds raised $4 million in seed funding in November 2025.
When was it?
Parallax Worlds announced the financing on November 20, 2025.
Who are they?
Parallax Worlds converts factories and warehouses into virtual environments where companies can test robots under unusual layouts, failures, and operating conditions.
Geographical focus?
Parallax Worlds is based in San Francisco and initially serves robotics and manufacturing customers in North America and Asia.
Why do we include them in the digital twin market?
Parallax Worlds models specific physical operating environments and uses those models to predict how real robots will perform.
What is the company stage?
Parallax Worlds is at the seed and early-commercial stage, with a functioning product and initial deployments.
How much did they raise?
Parallax Worlds raised $4 million in the seed round.
What round is it?
The financing was a seed round led by Pear VC, with participation from GS Futures, Kakao Ventures, and other investors.
Why did they raise?
Parallax Worlds raised the capital to expand product development, hiring, and industrial customer pilots.
Intangles raised $30 million in a Series B round in October 2025.
When was it?
Intangles announced the Series B financing on October 7, 2025.
Who are they?
Intangles uses live telematics and physics-informed models to predict component failures and maintenance needs in individual commercial vehicles.
Geographical focus?
Intangles was founded in India and is expanding across North America, Europe, the Middle East, and other fleet markets.
Why do we include them in the digital twin market?
Intangles maintains vehicle-specific models from live operating data to forecast physical performance and failures.
What is the company stage?
Intangles is at the growth stage, with an established fleet product and active international expansion.
How much did they raise?
Intangles raised $30 million in the round.
What round is it?
The financing was a Series B led by Avataar Venture Partners, with follow-on capital from Baring Private Equity India and Cactus Partners.
Why did they raise?
Intangles raised the capital to scale internationally, deepen predictive analytics, improve products, and hire.
Related blog posts
- The evolution of funding activity in the digital twin market
- The main fundraising trends in the digital twin market
- How strong is fundraising in the digital twin market right now?
- What are the top startups in the digital twin market?
