Author: Max
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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…
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Bright raises 3.2 MEUR
(Stockholm, an AI-powered study platform): Has raised 3.2 MEUR in a funding round from Foundry Ventures, Fredrik Hagenius, Patrik Sandin, Felix Granander, Niklas Berntzon, and Supermarket with founding member Johan Siwers and member Christian Albinsson. “We use AI directly on the content of textbooks, with the publishers’ permission. This is how we solve the problem…
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IXI raises 36.5 MUSD
(Espoo, develops dynamic lenses that automatically adapt to the wearer’s eyes): Has raised 36.5 MUSD in a funding round from Plural, Tesi, Heartcore, FOV Ventures, Eurazeo, Tiny Supercomputer, Amazon Alexa Fund, Maki.vc, Firstminute Capital, Illusian Founder Office, David Helgason, Ilkka Paananen, John Lindfors, Bragiel Brothers, byFounders with member Sara Rywe and First Fellow Partners with…
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Sics.ai raises 4 MEUR
(Stockholm, developing an AGI model to enhance industry automation with embodied intelligence): Has raised 4 MEUR in a funding round from the EIC and a group of angel investors. Early investors include members Krim Talia and Simon Josefsson. “Our AI is not a language model and does not use reinforcement learning, but learns through interaction…
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Mjuk raises undisclosed amount
(Helsinki, provides affordable, high-quality pre-owned and cleaned furniture): Has raised an undisclosed amount from Gorilla Capital with members Kirsi Vine-Haaparinne and Petri Lehmuskoski. “Furniture is the largest consumer vertical where circular economy models haven’t yet scaled to the masses, presenting a significant opportunity,” comments Risto Rautakorpi, founding partner of Gorilla Capital.
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Listen Labs raises 260 MSEK
(San Francisco, an autonomous market researcher that makes research simple and fast): Has raised 260 MSEK in a funding round from Sequoia. Early investors include founding member Ash Pournouri. “We first met Sequoia at a hackathon, and then Bryan Schreier is an investor in Qualtrics, the world’s leading company in customer feedback, valued at 12.5…
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Froda raises 20 MEUR
(Stockholm, simplifying small business financing through digitization and machine learning): Has raised 20 MEUR in a funding round from Incore Invest and existing owners. Early investors include founding member Karl-Johan Persson and member Nicklas Storåkers. “Our goal has always been to make financing easier, fairer, and more accessible,” comments Olle Lundin, co-founder and CEO at…
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Take Take Take raises 5.5 MUSD
(Oslo, a fantasy chess app): Has raised 5.5 MUSD in a funding round from Coatue, Riccardo Zacconi, Fredrik Hjelm, Onstage, Skyfall Ventures, MP Pensjon, and SNÖ Ventures with founding member Kremena Tosheva. Co-founded by 5x World Champion Magnus Carlsen, the company aims to make chess the next big spectator sport.
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Propel Capital secures 27 MSEK
(Stockholm, a pre-seed fund that is an investment arm of Sting): Has secured 27 MSEK for its new fund from a group of angel investors. “On the angel side, there is incredible power – they don’t operate under the same underlying mechanisms as a VC fund. The customer is themselves, and the hunger to invest…
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Securdia has been acquierd by Bas Invest
(Stockholm, personal alarms for people working alone): Has been acquired by Bas Invest with member Paul Rönnberg, who now holds a majority stake, for an undisclosed amount. “We have a shared plan to build the world’s largest personal alarm company. We want to make that journey together, digitize the entire security industry, and be some…
