Everysim Co., Ltd. (CEO Seok-geun Lee), a cloud- and AI-based engineering simulation company, announced on the 25th that it has secured seed investment from global accelerator and venture capital firm Plug and Play. The investment amount and company value were not disclosed.
This investment was made possible through Plug and Play's involvement with the Small and Medium Business Administration's Global Entrepreneurship Academy program, and through accelerator and demo days, the company's technological prowess and business viability were recognized.
Everysim, a deep-tech startup spun off from the Korea Institute of Science and Technology Information (KISTI), simplifies aerospace and manufacturing design processes with web-based simulation, enabling even non-technical engineers to perform structural and fluid analysis within minutes on their browser. By incorporating a proprietary cloud-native multiphysics engine and AI automation, Everysim reduces the complex preprocessing and reliance on expensive equipment required by conventional CFD and FEA.
Their flagship product, 'EveryDrone', is a platform where AI automatically generates the optimal drone design based on the mission objectives entered by the user in a sentence, and was selected for the CES 2026 Innovation Awards in the Enterprise Tech category.
Last year, Everysim signed a strategic MOU with Starburst, a global aerospace and defense accelerator, and secured seed investment from 500 Global, securing the trust of domestic and international investors. This Plug and Play investment builds on these achievements.
“Everysim has revolutionized complex engineering simulation into a cloud platform that anyone can use,” said David Kim, CEO of Plug and Play. “We anticipate its global expansion into the aerospace, defense, and manufacturing sectors.”
Everysim CEO Lee Seok-geun stated, "This investment goes beyond simply securing funds. It also secures a partner for our global expansion. We will rapidly respond to the demand for high-performance simulation in the aerospace and manufacturing industries, focusing on North America." Everysim plans to focus the investment on securing talent, enhancing its products, and establishing a global response system. Leveraging Plug and Play's network of partnerships in over 50 countries, the company plans to gradually expand into key markets, including Japan and Europe.
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