ACADEMIA
New Italian CFD by KARALIT receives investment
Latest investment based on “enormous potential” of Direct CFD technologies
KARALIT has announced a new investment of €350,000 by Vertis SGR in italy. Vertis has the option of investing additional capital in upcoming months.
The new capital will be used to support ongoing software development, sales operations and new strategies. KARALIT CFD 3D software is based on a revolutionary concept called Direct CFD, which enables users to go from CAD model to CFD simulation in minutes without time-consuming meshing or tedious set-up.
“The KARALIT team has impressive expertise and its one-of-a-kind product has enormous potential in the rapidly growing market for CFD solutions,” says Amedeo Giurazza, CEO of Vertis.
“We are very pleased in the confidence that Vertis has shown in KARALIT,” says Marco Mulas, KARALIT CEO and founder. “It further confirms the innovation of our technology and the ability of our team to bring it to the market in a compelling way. This investment will allow us to speed up an already agile development process.”