Area of interest: AI/ML
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Aibidia raises 28 MUSD
(Helsinki, develops AI-powered software for managing transfer pricing and cross-border tax compliance): Has raised 28 MUSD in a funding round from Activant Capital, DN Capital, FPV Ventures, and Icebreaker.vc with member Riku Seppälä. “Multinational corporations are facing an increasingly complex web of tax regulations,” comments Hannu-Tapani Leppänen, CEO of Aibidia.
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Abundly AI raises 8 MEUR
(Stockholm, helps companies build and use AI agents): Has raised 8 MSEK in a funding round from Jon Hauksson, Jonas Sjögren, and member Jonas Tellander. “So far, we’ve helped over a hundred companies and trained thousands of people through our courses and workshops. This is just the beginning of our journey,” comments Nils Janse, co-founder…
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Solace Care raises 3 MSEK
(Stockholm, develops an AI-based platform to support end-of-life planning): Has raised 3 MSEK in a funding round from members Caroline Farberger, Mattias Miksche, and Krim Talia. “These stigmatized areas aren’t the easiest to build in, but that’s exactly why we need innovation from those who dare to think differently,” comments Valtteri Korkiakoski, co-founder of Solace…
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Vionlabs raises 35 MSEK
(Stockholm, develops an AI-based recommendation tool for streaming platforms): Has raised 35 MSEK in a funding round from Zenith VC with member Erik Lindblad. “This is going to be worth between 3 and 5 billion within two years—that’s my goal for this company. It’s going to be my main focus now,” comments Tommy Jacobson, Zenith.
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Ivy Interactive raises 10 MSEK
(Stockholm, creates AI tools to help developers build internal systems): Has raised 10 MSEK in a funding round from Luminar Ventures with members Louise Hagen and Magnus Bergman. “I’ve been thinking for many years about how to build the ultimate tool. Now the technology is finally here to make it ten times better,” comments Niels…
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Legora raises 770 MSEK
(Stockholm, develops an AI-powered collaborative workspace for lawyers): Has raised 770 MSEK in a funding round from Iconiq, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator. Early investors in Legora include member Erik Engellau Nilsson. “It felt like 500 AI legal assistants were launched at the same time as us. But now it’s just us…
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Fortiv raises 3 MEUR
(Copenhagen, automates business continuity using AI, enabling faster, smarter responses to disruptions): Has raised 3 MEUR in a funding round from Seed Capital. “LLMs have changed the software landscape. We’re using that power to solve real-world BCM challenges that legacy systems simply can’t,” comments Emil Pfeiffer, CPO and co-founder of Fortiv.
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Aris Machina raises undisclosed amount
(Stockholm, develops an AI-based software to streamline industrial manufacturing): Has raised an undisclosed amount from Village Global, Earlybird Venture Capital, AENU, and Planet A Ventures. “If you haven’t experienced Northvolt from the inside, it’s hard to grasp just how incredibly difficult the mission we were pursuing was. And I come from companies that have done…
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Alice raises 4.2 MEUR
(Copenhagen, an AI-powered learning platform): Has raised 4.2 MEUR in a funding round from Cherry Ventures, Y Combinator, and PSV Tech. “The team is building an entirely new category of learning product—one that’s not just smart, but social, sticky, and scalable. I’m excited to see Alice grow into a global leader in AI-powered education,” comments…
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Ipercept raises 58 MSEK
(Stockholm, provides an AI tool to optimize CNC machine performance): Has raised 58 MSEK in a funding round from Runaway FBU, AI.fund., J12 Ventures, Luminar Ventures with members Magnus Bergman and Louise Hagen, and Backstage Invest with member Fredrik Tilander. “We are not here to be eaten for breakfast. We want to become a global…
