Creathor Venture and Karma Ventures jointly invested 1.5 million euros in Adaptive Simulations, a Swedish startup that specializes in fully automated cloud-based flow simulations, aiming to transform the simulation industry.

Information on the Target

Adaptive Simulations, a deep tech startup founded in January 2015, is a spin-out from the prestigious KTH Royal Institute of Technology in Stockholm. The company specializes in providing cloud-based, fully automated flow simulations as a service, significantly streamlining the virtual simulations market. The innovative technology developed by Adaptive Simulations has the potential to expand the current market volume twentyfold, tapping into a vast pool of around 10 million potential users for automated simulations, a substantial increase from the 500,000 users relying on non-automated flow simulations.

Target industries for Adaptive Simulations' offerings include various sectors, notably automotive and construction. The innovative solution aims to revolutionize flow simulation processes, providing not just increased accuracy and reliability but also a considerable reduction in costs associated with flow simulations—estimated to lower expenses by up to 70%.

Industry Overview in Sweden

Sweden is recognized as a leading hub for technological innovation, driven by a robust education system and a strong emphasis on research and development. The landscape is particularly favorable for deep tech enterprises, characteri