Lowenstein Sandler represented Escape Investment Management, a family office focused on investing in technology innovation, as co-investor in an oversubscribed Series A funding round that raised over $30 million for Foundation EGI, creator of the world's first Engineering General Intelligence (EGI) platform. The company is accelerating its vision of turning manufacturing's biggest bottlenecks into breakthroughs using domain-specific AI.
Other investors included RRE Ventures, McRock Capital, Fifth Growth Fund, and returning backers including E14 Fund, UNION, GRIDS Capital, and Henry Ford III.
EGI combines purpose-built large language models with physics-based context and engineering best practices to tackle the complex nature of engineering, from design to manufacturing to documentation. It transforms disorganized specifications, siloed tribal knowledge, and outdated instructions into succinct, structured, auditable, and human-/machine-executable workflows.
Foundation EGI was founded to commercialize and power real-world AI applications for all manufacturing domains, including automotive, heavy industry, appliances, power tools, advanced manufacturing, and much more.
The Lowenstein team included Peter H. Ehrenberg, Leia K. Galasso, and Christopher W. Raymond.
