Exit for HTGF: Valispace joins forces with Altium

Bonn — Altium and Vali­space are joining forces to acce­le­rate the realiza­tion of a shared vision to support engineers.
HTGF was the first insti­tu­tio­nal inves­tor and led the seed round in 2018 and has closely supported Vali­space in all phases of its growth jour­ney. As part of the tran­sac­tion, HTGF will sell its shares.

Louise Lind­blad, co-foun­­der of Vali­space: “We look forward to working with Altium to conti­nue our mission of empowe­ring engi­neers to create great products and acce­le­rate the path to a future where new tech­no­lo­gies and products improve people’s lives.”
Chris­tian Ziach, Prin­ci­pal at HTGF: “It has been a great plea­sure to work closely with the start-up over the past six years and I look forward to the syner­gies that will result from the acquisition.”

Altium, a leading provi­der of design soft­ware for the elec­tro­nics indus­try, has acqui­red Vali­space. Valispace’s systems and requi­re­ments engi­nee­ring capa­bi­li­ties will comple­ment the Altium 365 cloud plat­form for product and elec­tro­nics design. High-Tech Grün­der­fonds (HTGF), one of Europe’s leading seed inves­tors, was the first insti­tu­tio­nal inves­tor and has been closely support­ing the team since the seed invest­ment in 2018.

Marco Witz­mann, co-foun­­der of Vali­space, says: “We are thril­led to announce this important mile­stone in the deve­lo­p­ment of Vali­space. This is also good news for exis­ting custo­mers: Not only will they conti­nue to have access to Valispace’s cutting-edge colla­bo­ra­tion soft­ware, but they will also gradu­ally bene­fit from features that inte­grate seam­lessly with detailed elec­tro­nics design proces­ses, closing the loop between system defi­ni­tion and implementation.”

Altium’s exten­sive expe­ri­ence in deve­lo­ping tools for thou­sands of engi­neers with essen­tial elec­tro­nics design soft­ware will ensure that the Vali­space team can conti­nue to provide engi­neers with the best expe­ri­ence of colla­bo­ra­tive and AI-enab­­led systems and requirements.

Acce­le­ra­ting a shared vision

Altium and Vali­space join forces to acce­le­rate the realiza­tion of a shared vision to support engi­neers. Products are incre­asingly defi­ned by their elec­tro­nics: Whereas in the 1980s a car contai­ned around 20 chips, today there are more than 2000. At the same time, the requi­re­ments to track legal and other requi­re­ments down to compo­nent level are incre­asing, and modern systems engi­nee­ring proces­ses are needed more than ever to cope with the incre­asing comple­xity of products. Engi­neers ther­e­fore rightly demand modern tools that enable them to deve­lop future products with an end-to-end solu­tion, for which Vali­space at Altium will be an important buil­ding block.

“We would like to thank ever­yone who has supported and encou­ra­ged us along the way, inclu­ding our family, friends and inves­tors. And we now look forward to working with Altium to conti­nue our mission of empowe­ring engi­neers to create great products and acce­le­rate the path to a future where new tech­no­lo­gies and products improve people’s lives,” said Louise Lind­blad, co-foun­­der of Valispace.

About Vali­space

For hard­ware engi­nee­ring teams deve­lo­ping multi­di­sci­pli­nary hard­ware products, Vali­space is a breakth­rough system and requi­re­ments engi­nee­ring tool that combi­nes system design and requi­re­ments engi­nee­ring in an AI-powered and data-driven approach. This impro­ves colla­bo­ra­tion, ensu­res faster itera­ti­ons, gets the product right first time and drives inno­va­tion by making the entire deve­lo­p­ment process from requi­re­ments to system design and veri­fi­ca­tion more efficient.

About Altium

Altium is a global soft­ware company head­quar­te­red in San Diego, Cali­for­nia, that acce­le­ra­tes the pace of inno­va­tion in elec­tro­nics. For over 30 years, Altium has provi­ded soft­ware that maxi­mi­zes the produc­ti­vity of PCB desi­gners and elec­tri­cal engi­neers. From indi­vi­dual inven­tors to multi­na­tio­nal compa­nies, more and more PCB desi­gners and engi­neers are choo­sing Altium soft­ware to design and realize elec­­tro­­nics-based products.

About High-Tech Gründerfonds

The seed inves­tor High-Tech Grün­der­fonds (HTGF) finan­ces tech start-ups with growth poten­tial and has supported more than 700 start-ups since 2005. with the launch of its fourth fund, HTGF now mana­ges around 1.4 billion euros. His team of expe­ri­en­ced invest­ment mana­gers and start-up experts supports young compa­nies with know-how, entre­pre­neu­rial spirit and passion. HTGF focu­ses on high-tech start-ups in the fields of digi­tal tech, indus­trial tech, life scien­ces, chemi­cals and rela­ted busi­ness areas, and to date, exter­nal inves­tors have contri­bu­ted around EUR 5 billion in capi­tal to the HTGF port­fo­lio in more than 2,000 follow-on finan­cing rounds, and HTGF has alre­ady successfully sold shares in more than 170 companies.