Innerspace GmbH

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Innerspace GmbH - overview

Established

2017

Location

Innsbruck, -, Austria

Primary Industry

Education/Training

About

Founded in 2017 and based in Innsbruck, Austria, Innerspace GmbH is a provider of deep training and virtual reality-based training that helps individuals learn more about psychology and eliminate human errors, deviations, and downtimes. In February 2024, Innerspace GmbH raised EUR 5. 7 million in seed funding from investor Matterwave Ventures Management, with participation from investors AWS Fondsmanagement, High-Tech Gründerfonds, and MAD Ventures GmbH. The core product offered by Innerspace is the Innerspace Simulator, a VR-based platform that provides comprehensive training and assessment for cleanroom personnel.


The simulator offers a range of training packages that cover essential aspects of cleanroom operations. The standard content includes modules on proper movement within the cleanroom, cleaning and disinfection procedures, and aseptic processing. These modules enhance the trainees' understanding of the critical nature of cleanroom environments and the importance of maintaining strict protocols to prevent contamination. In addition to the standard content, Innerspace offers advanced training packages, such as RABS (restricted access barrier systems), isolators, and biosafety cabinets.


These modules allow trainees to practice complex procedures in a risk-free environment, helping them to gain confidence and proficiency before applying these skills in real-world scenarios. The Innerspace Simulator offers features like real-time feedback, which provides trainees with audiovisual cues to correct mistakes, and objective measurement, which allows for neutral and reproducible assessments. The platform supports multiple languages and integrates with existing learning management systems (LMS), making it a flexible and scalable solution for global enterprises. The company will use the February 2024 funding to accelerate its business growth.


Current Investors

High-Tech Gruenderfonds, MAD Ventures GmbH, aws Fondsmanagement

Primary Industry

Education/Training

Sub Industries

Education & Training Services, Education & Training Software

Website

www.innerspace.eu

Verticals

EdTech, Virtual Reality (VR)

Company Stage

Growth Stage/Expansion

Total Amount Raised

Subscriber access only

Innerspace GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Venture DebtCompletedInnerspace GmbH-
GrowthCompletedInnerspace GmbH-

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