MUNICH – An AI and machine learning startup has raised more than €2 million in pre-seed financing to support its goal to redefine how PCBs are brought from an idea to market. The company, Luminovo, drew support from venture capital firms Cherry Ventures and La Famiglia, and said the funds will primarily go toward product development and hiring.

ROCHESTER, NY – EMA Design Automation has partnered with Dassault Systèmes. The firms plan to work toward connecting teams across a common data model for unified product development and collaboration.