Algoryx
Algoryx Simulation AB builds AGX Dynamics, a real-time multibody physics engine used by more than 100 industrial customers for maritime training simulators, heavy machinery design, mining autonomy, robotics, and space applications, monetized via per-seat subscriptions, OEM embedded licensing, and engineering services.
- Company typePrivate
- Founded2007
- HeadquartersUmeå, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Algoryx does
Algoryx Simulation AB is a Swedish physics-simulation software company founded in 2007 as a spin-off from Umeå University. The company builds AGX Dynamics, a proprietary multibody-dynamics physics engine based on a nonsmooth discrete-time variational integrator with a custom direct sparse solver, designed for real-time simulation of impacts, contacts, friction, and tightly coupled physical domains including hydraulics, drivetrains, wires, terrain, granular media, and hydrodynamics. The product surface spans the core AGX Dynamics SDK, modular add-ons (Terrain, Tire, Tracks, Hydraulics, Drivetrain, Granular, Wire, Cables, Cable Damage, Sensor, Hydrodynamics), integration packages for Unity and Unreal Engine, the Algoryx Momentum CAD plugin for SpaceClaim, and Algodoo, a free 2D physics education tool that has produced 700+ associated scientific publications. Algoryx monetizes via annual per-seat subscriptions with tiered packages (Basic, Custom, Premium), OEM and embedded licensing for customers integrating AGX into their own simulators (e.g., Kongsberg Maritime, Rheinmetall, Oryx Simulations, ABB RobotStudio), academic discounted licensing, and engineering/professional services. The company employs roughly thirty graduate-degree staff across Umeå and Stockholm and serves more than 100 enterprise customers in maritime training, heavy machinery and construction, mining, robotics and autonomy, material handling, offshore, space, and VR/simulation.
Algoryx firmographics
Firmographics- Name
- Algoryx
- Legal name
- Algoryx Simulation AB
- Website
- https://algoryx.se
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Algoryx Simulation AB builds AGX Dynamics, a real-time multibody physics engine used by more than 100 industrial customers for maritime training simulators, heavy machinery design, mining autonomy, robotics, and space applications, monetized via per-seat subscriptions, OEM embedded licensing, and engineering services.
- Ownership category
- akta.pro rank
Where Algoryx is headquartered
LocationHeadquarters
- HQ city
- Umeå
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
Algoryx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Software Licenses and Subscriptions: Yearly subscription paid per seat for AGX Dynamics with tiered packages (Basic, Custom, Premium Package). Additional runtime licenses available for solutions distributed and powered by AGX Dynamics.
- OEM Licensing: AGX Dynamics sold as OEM product where customers embed the physics engine into their own products and handle hardware and application development.
- Professional Services: Engineering and consulting services for customer funded product development or interesting project challenges.
- Academic Licensing: Discounted licenses for non-commercial academic use with single-user and group license options up to 10 users.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | AGX Dynamics Basic - Core SDK with Python scripting |
| Subscription | Annual | AGX Dynamics Custom - Basic plus selected modules |
| Subscription | Annual | AGX Dynamics Premium Package - All modules included |
| Subscription | Annual | AGX Dynamics for Unity - Industrial physics with Unity 3D |
| Subscription | Annual | AGX Dynamics for Unreal - Coming soon |
| Subscription | Annual | Algoryx Momentum Creative |
| Subscription | Annual | Algoryx Momentum Pro |
| Subscription | Annual | Algoryx Momentum Unlimited |
| Subscription | Annual | Academic Single License |
| Subscription | Annual | Academic Group License |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels10 records
Algoryx product offering
Product offeringCore offering
Algoryx develops and licenses AGX Dynamics, a physics simulation engine specializing in multibody dynamics for engineering, robotics, heavy machinery, maritime, and mining applications. The software enables customers to build high-fidelity, real-time and off-line simulations of constrained mechanical systems, including vehicles, robots, cables, and granular materials. It is sold as commercial software, OEM-embedded components, and academic licenses, with visualization delivered through a Unity partnership.
Product overview
Algoryx provides a physics simulation platform centered on AGX Dynamics, a real-time multibody dynamics SDK serving as the core product. The platform follows a modular architecture where AGX Dynamics provides foundational physics simulation capabilities, extended by specialized add-on modules covering specific physical domains (terrain, cables, wires, hydraulics, drivetrain, tires, tracks, granular materials, hydrodynamics, and sensors). Integration products bundle AGX Dynamics with major game engines: AGX Dynamics for Unity and AGX Dynamics for Unreal, enabling physics-based digital twins and AI training environments with realistic 3D graphics. Algoryx Momentum and Momentum Granular add CAD workflow integration via SpaceClaim for model preparation and material handling simulation. The product ecosystem serves training simulators, autonomous machine development, engineering design, and AI/ML applications.
Differentiator
Problem solved
Functional benefit
Brands
- AGX Dynamics: Core physics engine product - a multibody dynamics simulation library capable of handling frictional contacts, fixed-step integration at interactive rates and real-time simulation.
- AGX Dynamics for Unity
- AGX Dynamics for Unreal
- AGX Sensor
- Algoryx Momentum
- Algoryx Momentum Granular
- Algodoo
Products and services
- AGX Dynamics AGX Dynamics is Algoryx's flagship physics simulation engine for multibody dynamics. It simulates constrained mechanical systems, contacts, cables, hydraulics, and granular materials in real time, and is used by OEMs, robotics developers, and academic researchers for engineering simulation, digital twins, and operator-in-the-loop training.
- AGX Dynamics OEM Embedded License An OEM-embedded licensing offering that allows manufacturers to integrate AGX Dynamics physics directly into their commercial products, simulators, and engineering tools.
- AGX Dynamics Academic License A discounted research and teaching license for AGX Dynamics sold to universities, research institutes, and academic users for teaching and doctoral-level multibody dynamics and robotics research.
- AGX Dynamics Engineering Services Custom engineering services and integration support provided to customers deploying AGX Dynamics, including simulation model development, integration with customer engineering platforms, and application-specific consulting.
Quantifiable outcome
- Up to 40% energy saving during excavation phase compared to typical operator executed paths
- +3 more outcomes
Companies that use Algoryx
Customer profileNamed customers12 records
Segments9 records
Ideal customer profiles3 records
Algoryx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability4 records
Feature15 records
Algoryx partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core, major and minor.
- Unity TechnologiescoreAlgoryx is a Unity authorized reseller and recommended solution for developing industrial applications in Unity. AGX Dynamics for Unity provides industrial-grade physics combined with Unity 3D visualization, fully replacing built-in game physics for real physical properties.
- Epic Games/Unreal EnginecoreAGX Dynamics being brought to Unreal Engine for engineering grade physics simulation in ultra realistic 3D. Epic Games has published spotlight article about the partnership. Beta testing available.
- ABB RobotStudiocoreAGX Dynamics integrated into ABB RobotStudio as physics engine for robotics simulation and offline programming.
- EpirocmajorResearch collaboration with Epiroc and Luleå University of Technology to develop autonomous machines for risky mining environments.
- Luleå University of TechnologymajorJoint research on autonomous machines for mining environments. Robotics and AI team collaborating with Algoryx on autonomous systems development.
- Umeå UniversitymajorFounding university. Algoryx started as spin-off from Umeå University in 2007. Ongoing research collaboration including projects with Dr. Martin Servin.
- MDA (Canada)majorCanadian space company using AGX Dynamics for developing AI-powered Canadarm3 space robot arm. Rapid prototyping in simulation for mission-critical space applications.
- EU Horizon/EU ITEA3majorParticipation in EU research projects including Horizon and ITEA3 programs for collaborative research and innovation.
- VinnovamajorSwedish innovation agency research funding for joint projects in simulation technology development.
- WASP (Wallenberg AI, Autonomous Systems and Software Program)majorSweden's largest ever research program in AI and autonomous systems. Algoryx participates as project partner.
- Skogstekniska Klustret (Forest Technology Cluster)minorAssociation for forest technology companies from northern Sweden. Algoryx welcomed as new member for forest machine simulation expertise.
- euRobotics AssociationminorEuropean robotics industry and research landscape association. Algoryx is a member connecting with European robotics ecosystem.
- RheinmetallmajorLicense agreement extended for physics simulation in real-time simulators for cranes, anchor handling and vehicles. AGX Dynamics used in Rheinmetall simulators.
- FMI Standard (fmi-standard.org)coreAGX Dynamics supports FMI export using FMI generator tool. Supports co-simulation with FMI 1.0 or 2.0. Includes FMIGo! library for algebraic coupling.
- Simulink/MatlabcoreAGX Dynamics available as plugin for Matlab and Simulink. Direct integration for control system development and co-simulation.
- ROS (Robot Operating System)coreCommunication protocols such as ROS allow for extensive software-in-the-loop testing in realtime environment.
- ML-Agents (Unity)coreIntegration with Unity ML-Agents for reinforcement learning. AGX Dynamics physics combined with ML-Agents for training autonomous systems.
- TensorFlow and pyTorchcoreSupport for market leading AI tools including Tensorflow and pyTorch for machine learning development with AGX Dynamics simulations.
- Oryx SimulationsmajorUses AGX Dynamics for training simulators of cranes, drilling rigs, wheel loaders and excavators running in real-time with high precision.
- Kongsberg Maritime ASmajorAGX Dynamics delivers unprecedented simulation performance, quality and stability in Kongsberg's marine training simulators.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Algoryx competitors and assessment
Company assessmentBroad incumbents
- ANSYS: ANSYS is a dominant multiphysics engineering simulation suite covering structural, thermal, fluids, and electromagnetics. While ANSYS does not focus on real-time multibody dynamics the way Algoryx does, it is the incumbent CAE platform industrial customers compare AGX Dynamics against when scoping simulation tooling.
- MathWorks (Simulink): MathWorks' MATLAB/Simulink is the dominant platform for control system development and co-simulation in automotive, aerospace, and industrial robotics. While not a physics engine itself, it is a key integration partner (Algoryx supports Simulink co-simulation) and competing ecosystem for engineering teams building real-time machine control.
- NVIDIA (PhysX / Omniverse): NVIDIA's PhysX is a scalable real-time physics engine tightly integrated with NVIDIA's GPU and Omniverse platform. While PhysX targets a broader (games + robotics simulation via Isaac Sim) market than AGX Dynamics, both compete for the same physics-simulation workloads in autonomous machine and digital twin development.
- Siemens (Simcenter): Siemens Simcenter combines 1D system simulation, 3D CAE, and physical testing in a portfolio targeting automotive, aerospace, and industrial machinery. It competes with Algoryx for design and validation budgets in heavy equipment OEMs, and is often the incumbent toolset before a customer evaluates AGX Dynamics.
- Unity Technologies: Unity Technologies is the operator of one of the two dominant real-time 3D platforms and ships Unity Physics. While Unity is also a distribution partner (Algoryx is a Unity Authorized Reseller), Unity's own physics stack represents a long-term competitive threat for customers building digital twins and training environments on Unity.
- Epic Games (Chaos Physics / Unreal Engine): Epic Games' Unreal Engine and its Chaos Physics system are the dominant alternative to Unity for high-end 3D and simulation experiences. Algoryx has a published partnership with Epic to bring AGX Dynamics to Unreal Engine, but Chaos is also a competing physics backend within the same Unreal ecosystem Algoryx is integrating into.
- Dassault Systèmes (SIMULIA): SIMULIA (Abaqus, Simpack) provides structural and multibody simulation for automotive, aerospace, and industrial customers. Simpack in particular is a direct MBD competitor to AGX Dynamics, and SIMULIA's broader 3DEXPERIENCE platform positions it as a strategic alternative for industrial customers evaluating simulation stacks.
Direct peers
- Havok: Havok provides a real-time physics engine historically used in AAA games and increasingly in industrial simulation, with rigid body dynamics, collision, and constraints. It is one of the closest technical analogues to AGX Dynamics, though Havok historically emphasized entertainment while Algoryx emphasizes industrial-grade fidelity.
- MSC Software: MSC Software's Adams is the most widely-used commercial multibody dynamics (MBD) simulation tool for mechanical systems. Both Adams and AGX Dynamics target simulation of mechanisms with contacts, friction, and flexible bodies for automotive, aerospace, and heavy machinery applications—Adams from a workstation CAE angle, AGX from a real-time/embedded angle.
- Maplesoft (MapleSim): MapleSim is a multi-domain physical system modeling tool with symbolic computation underlying it. Like Algoryx, it targets engineers building models that couple mechanical, hydraulic, electrical, and control domains, and is used in heavy equipment and automotive development workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks4 records
Key highlights7 records
Customer concentration
Algoryx social profiles
Digital presenceAlgoryx financial estimates
Financial estimateRevenue estimate
Valuation estimate
Algoryx leadership team
Management profileNumber of profiles
Profiles1 record
Algoryx funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Algoryx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Algoryx
What does Algoryx do?
Algoryx develops and licenses AGX Dynamics, a physics simulation engine specializing in multibody dynamics for engineering, robotics, heavy machinery, maritime, and mining applications. The software enables customers to build high-fidelity, real-time and off-line simulations of constrained mechanical systems, including vehicles, robots, cables, and granular materials. It is sold as commercial software, OEM-embedded components, and academic licenses, with visualization delivered through a Unity partnership.
Is Algoryx a public or private company?
Algoryx is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Algoryx founded?
Algoryx was founded in 2007. It employs 11 to 50 people.
Where is Algoryx based?
Algoryx is headquartered in Umeå, Sweden, in the Europe region.
How does Algoryx make money?
Four revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are OEM Licensing, professional Services and academic Licensing.
Who are Algoryx's main competitors?
Broad incumbents on record are ANSYS, MathWorks (Simulink), NVIDIA (PhysX / Omniverse), Siemens (Simcenter), Unity Technologies, Epic Games (Chaos Physics / Unreal Engine) and Dassault Systèmes (SIMULIA). Direct peers are Havok, MSC Software and Maplesoft (MapleSim).
Does Algoryx have an API?
Yes. AGX Dynamics is delivered as a C++ SDK with C# and Python bindings. The API provides full access to simulation capabilities including multibody dynamics, contacts, friction, constraints, and all module features. Users can extend functionality, build custom applications, and integrate with other platforms through the scripting APIs. Developer documentation is at www.algoryx.se/documentation/complete/agx/tags/latest/doc/UserManual/source/index.html.