Company News

SIMULATE Announces $50M Series B and Receives Valuation Of Over $250M

New York’s SIMULATE, which started life under the name of its first product NUGGS in 2019, today announces $50 million in Series B funding, making a total raise of $60 million, in a round which valued the company at more than $250 million. This news comes a day after the company announced its debut on the Canadian market. On a mission “to develop nutrition technology that advances nature’s codebase” Interesting to note, when bearing in mind the tech background of 21-year-old founder Ben Pasternak who first made his mark with Monkey, a video game chat app for teenagers,  is that the round was led by Alexis Ohanian’s 776.  Husband of tennis star Serena Williams, Ohanian is known in the business world as a serial investor …