Location: Sweden
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Brink Commerce raises 5 MEUR
(Stockholm, provides a serverless e-commerce solution for D2C brands): Has raised 5 MEUR in a funding round from Qvantea Capital and undisclosed investors. Early investors include Wellstreet with members Evelina Anttila, Henric Enhörning, Armando Coppola, and Helen von Bahr. “Our mission has always been to empower retailers and brands with the tools they need to…
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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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Byhmgard is acquired by Suntrade Group
(Halmstad, provides support functions on the balancing market within the energy system): Has been acquired by Suntrade Group for 300 MSEK, in a deal consisting of shares in Suntrade Group. Early investors in Byhmgard include member Johan Staël von Holstein. “With Suntrade, we now gain a strategic partner who shares our ambition and provides access…
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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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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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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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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…
