Inventure has joined a €2.1 million seed funding round for value.space, a firm leveraging satellite technology to enhance risk assessments in the insurance industry.
Investment Overview
Inventure has successfully participated in a €2.1 million seed funding round for value.space, alongside distinguished investors including Specialist VC, Superangel, Lemonade Stand, BADideas.fund, Amalfi, and Linnar Viik. This investment marks a significant step forward in enhancing the assessment and protection of critical national infrastructure.
Target Company Information
Value.space aims to transform how the global insurance sector and public agencies evaluate critical national infrastructure through innovative satellite-based technology. By leveraging high-tech radar technology sourced from the European Space Agency, value.space achieves millimeter-level accuracy in its infrastructure assessments, allowing for the identification of previously undetectable deformations that could signal potential failures. The firm has successfully produced over 3,500 risk profiles covering more than 70 countries, offering a remote solution that is ten times faster and twenty-five times more cost-effective compared to traditional inspection methods.
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Headquartered in the UK and Estonia, value.space has immediately established partnerships with several tier-one insurers globally. The co-founders, Reijo Pold and Agu Leinfeld, brin
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2018
Inventure
invested in
value.space
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M