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Advanced / Transformational Technology

Boeing, Private Equity Platform Invests In Machine Learning Firm JuliaHub

By Cal Biesecker

Tuesday, June 27th, 2023

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Boeing, Private Equity Platform Invests In Machine Learning Firm JuliaHub

Image: JuliaHub

The private equity firm AE Industrial Partners (AEI) on Tuesday said HorizonX, the venture capital investment platform it partners with Boeing [BA] on, has made a $13 million investment in JuliaHub, a computing and machine learning software company that focuses on modeling, simulation, and user-built applications. JuliaHub, which is based in Cambridge, Mass., has worked with the aerospace, pharmaceutical, finance and semiconductor sectors to put its rapid modeling and simulation capabilities to work. AEI said that JuliaHub’s platform is being…

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