A computing startup with Madison ties is aiming to improve advanced computing in order to accelerate innovation in fields like aviation, semiconductors and electric vehicles.

FlexCompute Inc. recently raised $22 million to build a team to work toward that mission, according to a Monday announcement. The Series B round was led by New York City’s Coatue Management LLC and also included other investors.

The company was co-founded by Zongfu Yu, an engineering professor at the University of Wisconsin-Madison, as well as his Stanford University Ph.D. adviser Shanhui Fan, and Qiqi Wang, an engineering professor at the Massachusetts Institute of Technology.

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