In a recently closed oversubscribed funding round, prominent Estonian and foreign investors invested €2.1 million in startup Value.Space. The lead investors of the funding round were venture capital funds Specialist VC and Superangel, and participating were Amalfi, Lemonade Stand, Estonian IT visionary Linnar Viik, Finnish venture capital fund Inventure and Latvian fund BADideas.fund.
The founders and Value.Space were advised by NOVE’s Head of Corporate and Commercial Laura Raadik and Partner Mari Past.
Value.Space provides space information-based monitoring technology detecting anomalies in large infrastructure objects, which could pose risks to the structure’s integrity. Value.Space’s technology can be used for loss prevention and pricing in the structural health of objects like dams or large-scale commercial property and is therefore especially useful for companies in insurance and financial services.
Read more:
https://insurtechdigital.com/articles/value-space-raises-2-1m-for-its-satellite-insurance-tech
