Elemance, a biomechanics engineering company that was launched out of Wake Forest University Health Sciences, is expanding into a larger footprint within the Innovation Quarter to accommodate planned growth.
The project is expected to generate $200,000 of investment and create five jobs over a three-year period. The company’s expansion is supported by a BioNest Grant from Greater Winston-Salem Inc.
Elemance develops and licenses cutting-edge virtual human body models, engineering software, and simulation tools used to help organizations evaluate how products and technologies interact with the human body. The company works with clients in the automotive, defense, aerospace, healthcare, and sports industries to improve safety and human performance.
The expansion will increase the company’s capacity to meet security compliance and other certification requirements needed to accept government-funded projects.
“Our engineering team has doubled in the four years that we’ve been operating in Bailey South, and we anticipate continued growth,” says Matt Davis, Chief Operating Officer for Elemance. “Given our close partnerships with Wake Forest University, Winston Starts, and other organizations in the life-sciences ecosystem, remaining in Winston-Salem was a priority.”
Elemance will relocate to a space in the Plant 64 building, more than doubling its current footprint.