Trace.Space is a collaborative product development tool serving teams building the most innovative and complex integrated hardware + software systems. It is located in London, England, United Kingdom. Trace.Space has raised $1.5M and has 6 investors including Fiedler Capital and Charlie Songhurst.
However, if you have any specific questions about Trace.Space, I’d be happy to help you find answers.
However, if you have any specific questions about Trace.Space, I’d be happy to help you find answers.
Location: Latvia
Employees: 1-10
Total raised: $5.5M
Founded date: 2022
Investors 1
| Date | Name | Website |
| 26.10.2023 | Change Ven... | changevent... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 06.02.2025 | Seed | $4M | - |
| 14.02.2023 | Pre-Seed | $1.5M | - |
Mentions in press and media 16
| Date | Title | Description |
| 12.02.2026 | Baltic startup funding surged to €607 million in 2025 as early-stage investment expands | Baltic startup funding rose in 2025, with total venture capital deployed in Lithuania, Latvia, and Estonia startups reaching €607 million, up from €505 million in 2024. The details of this trend are unpacked in the newly released annual Bal... |
| 25.09.2025 | 10 VC-recommended Latvian startups to watch in 2025 | The Latvian startup scene is rapidly growing, especially in deeptech, defence, and AI. Startup funding surged by 623% year-on-year, jumping from €9.7M in H1 2024 to €70.1M in H1 2025. Among the VC-nominated standouts are cutting-edge soluti... |
| 31.03.2025 | How I raised: Trace.Space on securing $4M to finalize their product | Trace.Space , a Latvian AI-first system that helps create complex hardware specifications, secured a $4 million seed investment in February 2025 to fuel its engineering, product development, and go-to-market efforts. At TechChill 2025, we m... |
| 06.02.2025 | “From days to minutes”: Trace.Space raises €3.8 million for requirements management platform | Riga-based Trace.Space, an AI-enhanced requirements management platform for engineers developing industrial products, today announced a €3.8 million Seed investment to fuel engineering, product development and go-to-market efforts. The fund... |
| 06.02.2025 | Trace.Space raises $4 million in seed funding | Trace.Space, an AI-enhanced requirements management platform for engineers developing industrial products, has raided a $4 million seed investment led by Cherry Ventures, with Outlast Fund and existing investors Nebular, Fiedler Capital, an... |
| 06.02.2025 | Trace.Space secures $4M seed to expedite product development in manufacturing | Trace.Space, an AI-enhanced requirements management platform for engineers developing industrial products, today announced a $4 million seed investment led by Cherry Ventures, with Outlast Fund and existing investors Nebular, Fiedler Capita... |
| 10.10.2024 | Latvian startups encourage not to fear bold moves and expand business to the USA | The largest historical visit of the Latvian business delegation to the USA has concluded. Among the participants were successful Latvian startups that, unlike many other entrepreneurs, are already operating successfully in this vast market.... |
| 02.09.2024 | Latvia’s emerging tech ecosystem | While still developing, Latvia's tech ecosystem shows promising signs of growth and potential. Despite challenges such as a slower public sector response and significant brain drain, initiatives like stock option policies, a startup visa, a... |
| 17.06.2024 | Checking in with Latvia's buzzing startup scene | During the first half of 2024, Latvia’s startup scene has been abuzz with events and new initiatives, including the launch of the new Startup House and a first-of-its-kind-in-the-Baltics technology education programme – StartSchool. With Te... |
| 04.09.2023 | Latvian startup scene overview: August 2023 | Among the chaos of thunder, lightning, hailstorms, and whatnot, last month delivered the local startup scene freshly baked funding news and exciting announcements from VCs and other investors. Plus, the first-ever Latvian Startup Awards pub... |
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