About Simumatik
Simumatik is a company based in Skovde (Sweden) founded in 2018 was acquired by Virtualware in October 2024.. Simumatik has raised $467.09 thousand across 2 funding rounds from investors including European Union, Virtualware and Almi Invest. Simumatik offers products and services including Simumatik Platform and Consultancy Services. Simumatik operates in a competitive market with competitors including Labster, vHive, Urbanbase, CINTOO and Maplesoft, among others.
- Headquarter Skovde, Sweden
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Sectors
TechnologyEducation
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Serna Automation Software (Sas)
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$467.09 K (USD)
in 2 rounds
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Latest Funding Round
$127.49 K (USD), Grant
Jun 15, 2022
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Acquired by
Virtualware
(Oct 21, 2024)
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Products & Services of Simumatik
Simumatik offers a comprehensive portfolio of products and services, including Simumatik Platform and Consultancy Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for simulating physical systems in industry and education.
Expert guidance on digital twins and virtual commissioning implementation.
Funding Insights of Simumatik
Simumatik has successfully raised a total of $467.09K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $127.49 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $127,486
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First Round
First Round
(09 Mar 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Grant - Simumatik | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - Simumatik | Valuation | Almi Invest , Skaraborg Invest |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simumatik
Simumatik has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Virtualware and Almi Invest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by corporate-backed Almi Invest.
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Founded Year | Domain | Location | |
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Skaraborg Invest is focused on supporting innovative startups in Skaraborg.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simumatik
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Simumatik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simumatik Comparisons
Competitors of Simumatik
Simumatik operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Labster, vHive, Urbanbase, CINTOO and Maplesoft, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of virtual labs for educational institutions
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| domain | founded_year | HQ Location |
Autonomous drone inspection software is provided for enterprise digitization.
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| domain | founded_year | HQ Location |
Provider of algorithmic 3D digital twin solutions
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| domain | founded_year | HQ Location |
SaaS-driven digital twins for construction project management are provided.
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| domain | founded_year | HQ Location |
System-level modeling and analysis tools are developed for engineering applications.
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| domain | founded_year | HQ Location |
Webeditor to create VR experiences
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Simumatik
Frequently Asked Questions about Simumatik
When was Simumatik founded?
Simumatik was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Simumatik located?
Simumatik is headquartered in Skovde, Sweden. It is registered at Skovde, Vastra Gotaland, Sweden.
Who is the current CEO of Simumatik?
Mikel Ayani Eguia is the current CEO of Simumatik.
Is Simumatik a funded company?
Simumatik is a funded company, having raised a total of $467.09K across 2 funding rounds to date. The company's 1st funding round was a Seed of $467.09K, raised on Mar 09, 2021.
What does Simumatik do?
Founded in 2018 in Skovde, Sweden, Simumatik operates as a cloud-based platform focused on engineering education. Learning solutions in electrical and mechanical engineering, PLC programming, and robotics are delivered through teaching and training tools. Virtual design, system validation, and optimization for automated processes are also supported, targeting professionals and students in the automation sector.
Who are the top competitors of Simumatik?
What products or services does Simumatik offer?
Simumatik offers Simumatik Platform and Consultancy Services.
Who are Simumatik's investors?
Simumatik has 4 investors. Key investors include European Union, Virtualware, Almi Invest, and Skaraborg Invest.