Spacemaker Acquired by Autodesk

Norway-based Spacemaker, the cloud-based AI software platform helps architects, urban designers, and real estate developers make more informed early-stage design decisions faster and enables improved opportunities for sustainability from the start. The company has been acquired by Autodesk, Inc. for $240 million. The transaction is subject to closing conditions and is expected to close in Autodesk’s Q4 of fiscal 2021.

With Spacemaker onboard, Autodesk will have a robust platform that will help drive the modern, user-centric automation powered by AI. Andrew Anagnost, CEO and President of Autodesk said in a statement: “With two billion more people expected to call our planet home by 2050, speed of design and sustainability in urban planning must be priorities. Spacemaker technology offers a fundamental shift in how we imagine and build cities to keep people and the planet healthy.”

Spacemaker was founded in 2016. It set out to help design, engineering and project teams reinvent the development of more sustainable cities and neighborhoods worldwide while maximizing the investment. Havard Haukeland, CEO and co-founder of Spacemaker said: “Autodesk shares our goal to create a healthier planet for everyone and is uniquely positioned to more rapidly place our product in the hands of planning teams everywhere. This is a proud milestone for our team and those who supported us from the start.”