# Valispace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valispace

- Industry: Software
- Headquarters: Bremen, Germany
- Website: www.valispace.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Feb 25, 2022)
- Investors on record: 3

## About

Based in Bremen, Germany, and founded in 2016 by CEO Marco Witzmann, Louise Lindblad, Simon Vanden Bussche, Valispace GmbH, a.k.a. Valispace operates as a software company that focuses on providing a software-as-a-service platform that enables users to collaborate on engineering projects related to smart machines and can integrate with spreadsheets and email platforms via plug-ins. In February 2024, Altium acquired Valispace GmbH from High-Tech Gründerfonds, HCVC, and Join Capital.

Valispace offers a platform for managing engineering requirements, calculations, and simulations in an integrated environment. The platform allows engineers to link dynamic requirements with technical data, ensuring that changes automatically update related calculations and verifications. Valispace's AI features assist in generating and refining requirements, automating the breakdown of high-level specifications into detailed sub-requirements. The platform integrates with various tools like Google Docs, SolidWorks, Matlab, and SimScale, facilitating seamless data handling and technical reporting.

The company generates revenue from subscriptions to its platform package at USD 999 per user per year.

## Funding rounds

- Seed, Feb 25, 2022 — High-Tech Gruenderfonds, Join Capital
- Seed, Mar 17, 2020, $2.4M — Join Capital, HCVC
- Seed, May 24, 2018, $1.2M — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Join Capital — Seed
- HCVC (https://capitalatlas.ai/funds/hcvc) — Seed