Valispace

Bremen, Germany Founded: 2016 • Age: 10 yrs Acquired By Altium
Web-based SaaS platform for engineering complex hardware is provided.

About Valispace

Data last updated:

Valispace is a company based in Bremen (Germany) founded in 2016 by Louise Lindblad, Marco Witzmann, and Simon Bussche was acquired by Altium in February 2024. Valispace has raised $7.14 million across 3 funding rounds from investors including Altium, HCVC and Join Capital. Valispace offers products and services including Valispace Platform and Assisted Engineering. Valispace operates in a competitive market with competitors including Autodesk, Inventables, Concepts NREC, JITX and Shandong Hoteam Software, among others.

  • Headquarter Bremen, Germany
  • Founders Louise Lindblad, Marco Witzmann, Simon Bussche
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Website valispace.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Altium (Feb 2024)
  • Legal Name Valispace Gmbh
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems → Process Optimization Technologies → Manufacturing Tech Solutions
Tags
Enterprise Applications Manufacturing Tech Product Design & Development Suite Industrial Goods and Manufacturing
Key Metrics
  • Total Equity Funding
    $7.14 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.57 M (USD), Seed

    Apr 16, 2022

  • Investors
    Altium

    & 3 more

  • Acquired by
    Altium

    (Feb 25, 2024)

People of Valispace

13 people are tracked at Valispace (5 in leadership, 8 in team).

NameRoleGroup
Louise Lindblad
Co-Founder & COOLeadership
Marco Witzmann
Co-Founder & CEOLeadership
Simon Bussche
Co-FounderLeadership
João Gonçalves João Gonçalves
Head of TechnologyLeadership
Gonçalo Ivo Gonçalo Ivo
Head Of ProductLeadership
Fernando Moura
Growth Marketing ExpertTeam
Valispace Gmbh Valispace Gmbh
Engenheiro De SistemaTeam
Luís Pereira Luís Pereira
Frontend DeveloperTeam
José Queirós José Queirós
Front-end DeveloperTeam
Gonçalo Dias Gonçalo Dias
DevOps Team LeadTeam
Cyrill Brito
Front End DeveloperTeam
Yocoyani Badillo-Amberg Yocoyani Badillo-Amberg
Product Manager (acquired By Altium)Team
João Afonso Vicente João Afonso Vicente
Frontend DeveloperTeam
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Products & Services of Valispace

Valispace offers a comprehensive portfolio of products and services, including Valispace Platform and Assisted Engineering.

Valispace Platform
Engineering Software

AI tool for requirements engineering and system design iterations

Assisted Engineering
AI Services

Automates mundane engineering tasks for efficient collaboration

Funding Insights of Valispace

Valispace has successfully raised a total of $7.14M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.57 million completed in April 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 $7.1M
  • Total Rounds 3
  • Last Round Seed — $3.6M
  • First Round $1.2M

    (24 May 2018)

  • Investors Count 3

All 3 funding rounds of Valispace with amounts, post-money valuations and investors.

DateAmountTransaction NameValuationLead InvestorsInvestors
16 Apr 2022$3.6MSeed–Join Capital
–
03 Apr 2020$2.4MSeed–Join Capital
24 May 2018$1.2MSeed–HTGF
–
Valuation history

4 investors in total: 4 institutional.

Investors in Valispace

Valispace has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Altium, HCVC and Join Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage investments in deep tech sectors are facilitated.
–join.capitalBerlin, Germany
Investments are directed toward hard-tech and full-stack companies by HCVC.
2014hcvc.coSan Francisco, United States
Early-stage investments are made in high-tech startups by HTGF.
–htgf.deBonn, Germany
Cloud-based software for PCB design is provided by Altium.
1985altium.comSan Diego, United States
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Investor details for Valispace

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Timeline of Valispace

4 dated milestones of Valispace across 8 years, from founding to its latest funding, stage changes and deals.

  1. Valispace is founded.
  2. First funding round of $1.2M.
  3. Latest funding round, Seed, of $3.6M.
  4. Acquired by Altium.

Competitors of Valispace

Valispace 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 Autodesk, Inventables, Concepts NREC, JITX and Shandong Hoteam Software, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
autodesk.com1982San Francisco, United States–14,100
Provider of cloud-based 3D CAD modeling software for the AEC industry
inventables.com2002Chicago, United States$32.7M43
Provider of subtractive manufacturing systems
conceptsnrec.com1956Springfield, United States$4.0M–
CAE and CAM software solutions are provided for engineering applications.
jitx.com2017Berkeley, United States$12.2M15
AI-powered software is provided for PCB design.
hoteamsoft.com1993Jinan, China$104.7M–
3D design and PLM software is provided for industries.
autoform.com1995Pfaffikon, Switzerland–15
Software solutions for sheet metal forming are provided by AutoForm.
cevotec.com2015Munich, Germany$2.0M18
Technology for carbon composite fiber production is provided.
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Detailed competitors of Valispace

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Latest news on Valispace

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Frequently Asked Questions about Valispace

Valispace was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Valispace is headquartered in Bremen, Germany. It is registered at Bremen, Bremen, Germany.

Marco Witzmann is the current CEO of Valispace. They have also founded this company.

Valispace is a funded company, having raised a total of $7.14M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.17M, raised on May 24, 2018.

Valispace was founded in 2016 in Bremen, Germany. A web-based software as a service platform is offered for developing complex hardware products, including satellites and rockets. Administrative tasks, budgeting, interface management, documentation, design, tracking, and technical engineering data are supported through the platform. Focus is placed on the engineering sector, with operations centered in Europe.

Valispace's top competitors include Autodesk, Inventables and Cevotec.

Valispace offers Valispace Platform and Assisted Engineering.

Valispace has 4 investors. Key investors include Altium, HCVC, Join Capital, and High-Tech Gründerfonds.

Valispace operates through Valispace Gmbh.

Yes. Valispace was acquired by Altium in February 2024.

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