Fieldscale raises a seed round of EUR550,000

Fieldscale has closed on a EUR550,000 seed round funding, led by existing investor Openfund with participation from PJ Tech Catalyst and angel investor Panagiotis Chatzakos, the company said.

The company said it plans to use the funding to market its new touchscreen design software and scale its design and simulation tools for additional industrial applications, such as electric motors and capacitors.

Fieldscale is a technology startup developing simulation software for electrical analysis.