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Innerspace secures € 5.7 Million for Further Expansion to the USA

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Innerspace, Matterwave Ventures

The Innsbruck-based tech start-up Innerspace, which enables risk assessment of production processes and effective training of cleanroom personnel for leading pharmaceutical companies using software and Virtual Reality (VR), can advance its growth trajectory after a highly successful funding round. In July, U.S. investor Riverside invested in the Tyrolean company. Just days before the year-end, Innerspace finalized a substantial seed round with the new lead investor Matterwave Ventures. The existing three investors, MAD Ventures, aws Gründungsfonds, and High-Tech Gründerfonds, also reinvested.

With the fresh capital, Innerspace will expand its international market presence and further develop its unique “Frame-by-Frame” technology. The Tyrolean company will focus even more on the large growth market in America in the future. Numerous renowned pharmaceutical companies worldwide already trust the company’s expertise.

Read more at HTGF News