CENOS

CENOS was founded in Riga in 2017 by Mihails Ščepanskis, Raimonds Viļums, and Vadims Geža, graduates of the University of Latvia's Faculty of Physics and Mathematics.^[3][4] According to Latvian media reports published in 2020, the company completed the Startup Wise Guys accelerator in Tallinn in 2017 and later entered the 500 Startups accelerator.^[3][4]

In 2020, Dienas Bizness reported that CENOS had closed a €362,000 pre-seed funding round.^[4] In 2022, Tech.eu reported that the company had raised €1 million in seed funding led by Startup Wise Guys and Capitalia.^[2]

In 2023, Labs of Latvia reported that CENOS had opened an office in Mexico and had nearly doubled its revenue in North America after one year of operations there.^[5]

In 2021, Engineering.com described CENOS as a developer of niche computer-aided engineering tools aimed at smaller engineering teams.^[6] In 2023, the publication reported that the company's main simulation products covered radio frequency, induction heating, and wireless charging.^[1]