Norway-based Startup Spacemaker Scores $25m Series A

Norway-based Startup Spacemaker Scores $25m Series A 1

As urban populations grow in the coming decades, cities will want to overhaul their infrastructure radically. Moreover, the technician will have to assist the slow, manual construction sector to make the rapid changes which will be asked to offer basic needs like transport and housing in cities throughout the world.

Spacemaker, a Norway-based startup that has created AI software to help property architects and developers create better design decisions since 2016, has landed $25 million in a funding round led by Atomico and Northzone.

Described as”the world’s first” AI-assisted design and building simulation software for your property development sector, Spacemaker asserts to allow property development professionals, such as real estate developers, architects, and urban planners, to quickly generate and evaluate the optimal ecological layout for any multi-building residential development.

“Today developers and urban planners plan sites largely’ by hand’ — meaning they can explore 20-30 options at most as they try to optimize for a multitude of regulatory, design, environmental and economic constraints,” say Spacemaker co-founder and CEO Håvard Haukeland.

“Spacemaker’s platform is a powerful tool in an under-digitized industry, creating value across the entire pre-build process, for developers, architects, planning departments, and ultimately, inhabitants,” said Michiel Kotting, Partner at Northzone. “It is a perfect example of AI augmenting human expertise, creating efficiencies, and improving sustainability. We are impressed with Håvard and the founding team’s singular vision of building Spacemaker into the category-defining company to address urban construction planning challenges on a global scale.”

Here’s a short movie that describes the startup’s eyesight and merchandise:

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