News May 20, 2024: QA.tech, Lightbringer, Exa Labs, Reworks AI Labs, Pharem, I.S.A.A.C., Cetti, LumberScan, Bannerflow, Vinden, Handiscover, Elonroad, Plussa, Trackson, and more
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Funding news
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・All funding rounds
・New Swedish tech startups
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・All funding rounds
・New Swedish tech startups
・Bankruptcies and shutdowns
- QA.tech (Stockholm, autonomous QA testing solution, founded 2023): €3M ($3.3M) seed funding round led by British VC firm PROfounders, with participation from Curiosity, existing investor byFounders, and angel investors Mads Johnsen, Jon Åslund, Robert Lagerström, Sven Perkmann, and Jens Saltin. The startup cites 40 customers that are using its beta version, including Leya, Upsales, Virtusize, and Shoplab. A public version is estimated to be released after summer. The pre-money valuation was around SEK140M (English, Swedish / Di Digital paywall). QA.tech announced a $1M pre-seed funding round in fall 2023. The post-money valuation then was SEK50.2M, according to data registered with Bolagsverket. ℹ️ Company details added on September 27, 2023 to the early-stage startup tracker page, and to the "new startups" Google Sheet.
- Lightbringer (Lund, AI-powered patenting tools, founded 2023): SEK8.5M (€730K, $800K) in a funding round led by Skåne Ventures, with participation from angel investors Johan Billgren and Jimmy Lindström, among others (Swedish / Breakit paywall). This follows a first small round of SEK2.1M raised last summer, at a pre-money valuation of SEK18M, according to data registered with Bolagsverket. ℹ️ Company details added on July 31, 2023 to the early-stage startup tracker page.
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