Taiwanese Startup MetAI Scores Big with Nvidia Backing

Nvidia & MetAI
Credit: Image by Nvidia & MetAI | Edited by Stealth Optional

Nvidia & MetAI
Credit: Image by Nvidia & MetAI | Edited by Stealth Optional

Nvidia, a global leader in AI chip technology, has invested $4 million in seed funding in the Taiwanese startup MetAI.

MetAI specializes in AI-powered digital twins and has received notice for its revolutionary ability to convert CAD files into "SimReady" 3D settings in minutes.

This enables businesses to create accurate digital replicas of physical systems, significantly decreasing development and operations costs.

MetAI
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Credit: MetAI

Strategic and financial investors include Kenmec Mechanical Engineering, Solomon Technology, SparkLabs Taiwan, Addin Ventures, and Upstream Ventures, which contributed to the investment round.

MetAI combines generative AI models and 3D engineering to create digital twins for physical AI training and real-world deployment. Its solutions cater to advanced semiconductor fabs, smart warehouses, and automation industries, distinguishing itself in a competitive industry that includes big corporations like Siemens Digital Industries and Dassault Systems. MetAI bridges the gap between simulation and reality by integrating synthetic data generation within its virtual environments, allowing users to tailor AI training to their operational demands.

Collaborations like the one with Kenmec have helped the start-up achieve its goals. For example, it reduced digital twin simulation times for automated warehouses from thousands of hours to just three minutes. Additionally, MetAI's integration with Nvidia's Omniverse platform has been revolutionary for sectors requiring scalable AI training environments.

Canva AI
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The two-year-old startup's revenue streams include project-based income, product subscriptions, and licensing fees. A single project is expected to generate $3 million in revenue in 2024. MetAI plans to expand its R&D team, accelerate go-to-market strategies, and establish a US headquarters by late 2025 to capitalize on the growing demand for simulation-driven AI solutions.

CEO Daniel Yu emphasizes Taiwan's importance as a testing ground and the importance of collaboration with local industry leaders to enhance and scale their ideas globally.

With Nvidia's backing, MetAI is ready to transform the landscape of digital twins and physical AI.