To advance its low-code engineering platform for process automation, ELISE secures $14.8 million in a Series A round that was led by Spark Capital

To advance its low-code engineering platform for process automation, ELISE secures $14.8 million in a Series A round that was led by Spark Capital.

The German firm provides teams with a low code platform that enables linked, digital, and automated product creation, making engineering more approachable.

Elise is a minimal code platform that enables connected, digital, and automated product development. It was founded in 2018 by Moritz Maier, Sebastian Möller, and Daniel Siegel.

It gives engineers the ability to simulate the stages of product creation using algorithms, repeat those simulations, and then systematically reuse their work for new variants or projects.

The business claims that this results in the more effective use of product information and greatly speeds up development. The automobile and aerospace sectors are just two examples of their application areas.

The German firm currently counts BMW Group, Hyundai Motor Group, MAN Truck & Bus, and Toyota Gazoo Racing among its clients.

With this increased funding, they will be able to significantly advance the engineering industry’s low-code standard. Engineers can quickly model and automate development processes because of the simplicity of their visual programming language. They give engineers the ability to apply quick and effective software development techniques to hardware creation thanks to their open platform.

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