Area of interest: IoT
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Nothing raises 1 billion SEK
(London, a consumer electronics brand): Has raised over 1 billion SEK in a funding round led by Highland Europe, with participation from existing investors Google Ventures, EQT Ventures, and C Capital, alongside new partners Swedish House Mafia. Early investors in Nothing include founding members Jacob de Geer and Ash Pournouri.
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Embedl raises 45 MSEK
(Gothenburg, deep learning models for the automotive industry and IoT): Has raised 45 MSEK in a funding round led by Spintop Ventures with members Peter Carlsson and Isabel Nilson. The EIC with founding member Nicklas Bergman, Butterfly Ventures with member Anette Nordvall, and Chalmers Ventures with member Sara Wallin also participated. Embedl is a spin-off…