Simumatik

Skovde, Sweden Founded: 2018 • Age: 8 yrs Acquired By Virtualware
Cloud-based platform providing automation, PLC, and robotics programming learning solution
Annual revenue - Latest available
Total funding $467,092 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
    Education
  • Phone
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  • Website
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  • Social
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  • Legal Name Serna Automation Software (Sas)
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $467.09 K (USD)

    in 2 rounds

  • Latest Funding Round
    $127.49 K (USD), Grant

    Jun 15, 2022

  • Investors
  • Employee Count
    Not available
  • 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.

Product name locked
Category locked
Primary

Platform for simulating physical systems in industry and education.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by corporate-backed Almi Invest.
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Skaraborg Invest is focused on supporting innovative startups in Skaraborg.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Simumatik

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Investments & Acquisitions by Simumatik

Investments
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Investment portfolio details for Simumatik

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Financial Statements - Simumatik

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Detailed financials for Simumatik

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Simumatik Comparisons

Simumatik Primary company
Description
Cloud-based platform providing automation, PLC, and robotics...
Location
Skovde, Sweden
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Simumatik

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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.

Company Name Domain Founded year HQ Location Description
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Provider of virtual labs for educational institutions
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Autonomous drone inspection software is provided for enterprise digitization.
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Provider of algorithmic 3D digital twin solutions
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SaaS-driven digital twins for construction project management are provided.
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System-level modeling and analysis tools are developed for engineering applications.
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Webeditor to create VR experiences
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Detailed competitors of Simumatik

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Latest news on Simumatik

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Frequently Asked Questions about Simumatik

Simumatik was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Simumatik is headquartered in Skovde, Sweden. It is registered at Skovde, Vastra Gotaland, Sweden.

Mikel Ayani Eguia is the current CEO of Simumatik.

Simumatik is a funded company, having raised a total of $467.09K across 2 funding rounds to date.

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.

Simumatik's top competitors include Labster, vHive and CINTOO.

Simumatik offers Simumatik Platform and Consultancy Services.

Simumatik has 4 investors. Key investors include European Union, Virtualware, Almi Invest, and Skaraborg Invest.

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