Embedl
Venture Round in 2023
Embedl specializes in optimizing deep learning models for embedded systems. Its Model Optimization SDK automates the process of creating efficient models with up to 94% reduced energy consumption, 16x increased execution speed, and 8x memory compression. Embedl collaborates with academic institutions and industry players to drive innovation in embedded intelligence.
Simplex Motion
Venture Round in 2022
Simplex Motion specializes in manufacturing compact servomotors with integrated controls. Their products offer high output torque relative to size and weight, making them suitable for precision actuation in industrial and aerial systems. The company's platform integrates servomotor functionality with embedded control electronics, providing field-oriented control, customizable drive units, and reliable Swedish manufacturing.
IPercept
Seed Round in 2022
IPercept provides AI-based, hardware-enabled software that acts as a fitness tracker for complex industrial machines, delivering micrometer-level health insights for critical components and enabling informed maintenance decisions. It also reveals how equipment is operated and utilized, supports secure, controller-free data access, and offers plug-and-play deployment on both old and new machines. By delivering actionable insights, reducing downtime and maintenance costs, and increasing productivity, IPercept aims to extend machine utilization and efficiency across industrial fleets.
Brighteco
Seed Round in 2021
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.
Freedrum
Venture Round in 2021
Freedrum is a Swedish company that designs and manufactures sensor-based drumming systems. Its flagship offering consists of lightweight sensors that attach to drumsticks and feet to emulate a full drum kit, which connect wirelessly via Bluetooth to smartphones, tablets, or computers. The system supports air drumming by capturing strike angle and velocity, delivering a portable, full-size kit experience without a traditional drum set. Freedrum also provides a virtual drum set with connected learning and analysis services, and a personalized kit workflow that can be used anywhere. Features include a built-in metronome, adjustable audio settings, and compatibility with audio workstations and streaming services, allowing users to practice, record, and play along to their favorite tracks. The company serves professional musicians, students, and hobbyists seeking a compact, flexible drumming solution.
Medarca
Seed Round in 2021
Medarca develops an integrated solution for safer medication management. Their system combines hardware and software to physically handle medications and digitally monitor usage, reducing waste and administration.
Xertified
Venture Round in 2020
Xertified is a Sweden-based hardware and cybersecurity company headquartered in Skarpnäck that designs and develops solutions to manage, secure, and analyze connected devices. It offers XoT technology to connect devices with IT environments and provides security and access control for IoT assets. The company develops and supplies hardware and software for partners, distributors, and equipment manufacturers, delivering device-independent protection to secure digital assets in hostile environments.
Brighteco
Seed Round in 2020
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.
Embedl specializes in optimizing deep learning models for embedded systems. Its Model Optimization SDK automates the process of creating efficient models with up to 94% reduced energy consumption, 16x increased execution speed, and 8x memory compression. Embedl collaborates with academic institutions and industry players to drive innovation in embedded intelligence.
CargoBeacon
Venture Round in 2019
CargoBeacon designs and manufactures IoT‑enabled logging devices that capture temperature, relative humidity, and acceleration shock data for cargo transportation. The devices record events with precise timestamps, enabling analysis of non‑conforming conditions. In addition, CargoBeacon offers asset‑tracking loggers for industrial and commercial use, employing mesh networking to deliver real‑time location tracking, sensor integration, and continuous data collection. These solutions help businesses monitor environmental conditions, optimize resource use, reduce waste, and improve overall operational efficiency.
Linkura
Seed Round in 2019
Founded in 2013, Linkura develops wearable devices for companies to monitor employee health metrics including stress levels, sleep patterns, physical activities, and sedentary behavior.
Ekkono Solutions AB
Series A in 2019
Ekkono Solutions AB develops machine learning for the Internet of Things. It provides an embedded analytics engine that runs on connected devices, handling the full workflow from data input and model training to model deployment, retraining and data output. The company serves IoT applications across industries such as energy, telecom, automotive, agriculture, healthcare and housing automation, as well as consumer IoT products including home security gateways, e-bikes and lawnmower robots. Based in Tvååker, Sweden, Ekkono emphasizes edge processing to learn the normal state of each device, enabling anomaly detection, impact analysis, and proactive planning. By processing data locally, it reduces network load and sends only relevant information to the cloud for further analysis, supporting real-time decisions and end-to-end data management.
Audiodo
Venture Round in 2019
Audiodo is a technology company that develops and supplies software algorithms that personalize audio to an individual’s hearing. Its three-part approach begins with hearing calibration, followed by deriving a listening profile and applying processing rules to tailor sound in real-time. The technology is designed for use in consumer audio devices such as Bluetooth headphones, speakers, car audio, and mobile phones. Audiodo’s patented software can be licensed to leading headphone manufacturers, enabling users to experience optimized audio by applying personalized profiles loaded into the devices after a brief hearing test conducted via an app. The company was founded in 2016 and is based in Malmö, Sweden.
CombiQ AB
Venture Round in 2019
Founded in 2005, CombiQ specializes in developing Industrial Internet-of-Things (IIoT) machine monitoring systems. Its flagship product, CombiQloud, comprises hardware and software solutions designed to optimize industrial processes. The company manufactures IIoT sensors, operator tags, and gateways, enabling businesses to predict maintenance needs, reduce risks, and improve profitability through automation.
Mind Music Labs
Grant in 2018
Mind Music Labs is a company focused on revolutionizing the musical instrument industry by developing smart guitars that connect to the Internet. Recognizing the limitations of current musical experiences, the company aims to provide truly wireless, portable, upgradable, and cloud-based solutions for musicians. With an estimated 250 million users, both professional and amateur, spending around $17 billion annually on musical instruments, there is a significant demand for innovation in this sector. Mind Music Labs is creating the ELK MusicOS, a platform designed to serve as the foundation for a new generation of smart instruments. This ecosystem not only enhances the functionality of musical instruments but also integrates various cloud services, positioning the company at the forefront of the evolution in music technology.
Neosense
Seed Round in 2017
Neosense Technology is an innovative start-up focused on enhancing patient care in intensive care units through advanced continuous oxygen monitoring systems. The company specializes in developing real-time monitoring solutions that accurately measure blood oxygen levels, particularly for premature infants. By maintaining precise oxygenation levels, Neosense's technology aims to minimize the risk of complications and prevent potential eye damage in vulnerable patients. The company's commitment to improving safety and control in oxygen management positions it as a key player in critical care healthcare solutions.
Ekkono Solutions AB
Seed Round in 2017
Ekkono Solutions AB develops machine learning for the Internet of Things. It provides an embedded analytics engine that runs on connected devices, handling the full workflow from data input and model training to model deployment, retraining and data output. The company serves IoT applications across industries such as energy, telecom, automotive, agriculture, healthcare and housing automation, as well as consumer IoT products including home security gateways, e-bikes and lawnmower robots. Based in Tvååker, Sweden, Ekkono emphasizes edge processing to learn the normal state of each device, enabling anomaly detection, impact analysis, and proactive planning. By processing data locally, it reduces network load and sends only relevant information to the cloud for further analysis, supporting real-time decisions and end-to-end data management.
Brighteco
Pre Seed Round in 2017
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.
Audiodo
Venture Round in 2017
Audiodo is a technology company that develops and supplies software algorithms that personalize audio to an individual’s hearing. Its three-part approach begins with hearing calibration, followed by deriving a listening profile and applying processing rules to tailor sound in real-time. The technology is designed for use in consumer audio devices such as Bluetooth headphones, speakers, car audio, and mobile phones. Audiodo’s patented software can be licensed to leading headphone manufacturers, enabling users to experience optimized audio by applying personalized profiles loaded into the devices after a brief hearing test conducted via an app. The company was founded in 2016 and is based in Malmö, Sweden.
Realisator Robotics
Venture Round in 2015
AB Realisator Robotics, founded in 2009 and based in Trosa, Sweden, specializes in the development and sale of robotic solutions aimed at enhancing safety and efficiency in hazardous environments. The company offers the FUMO™ inspection and search engine, which is designed to assist in challenging operations such as smoke diving by entering dangerous areas and relaying situational imagery back to operators. Additionally, Realisator Robotics develops versatile robots that serve various applications, including firefighting and transportation. These robots feature a base module of a remote-controlled vehicle, allowing for the integration of multiple functionalities. By providing advanced robotic technologies, Realisator Robotics aims to improve operational safety and reduce costs for its clients.
Imagimob
Seed Round in 2015
Imagimob AB is a Stockholm-based company specializing in artificial intelligence products focused on movement analytics for both objects and people. The company has developed SensorBeat, a comprehensive motion intelligence system that integrates hardware and software components, including sensors, storage, Bluetooth low energy capabilities, and communication ports. SensorBeat is designed for real-time artificial intelligence processing at the edge, allowing for applications such as audio classification, gesture recognition, predictive maintenance, fall detection, and material detection. This platform enables companies to efficiently create and deploy AI applications for embedded devices, enhancing their functionality and responsiveness.
Telcred
Venture Round in 2015
Telcred specializes in offline physical access control systems utilizing Near Field Communication (NFC) technology. Its unique solution allows time-limited 'digital keys' to be sent to NFC-enabled devices, enabling access without requiring lock controller updates for user or access rights changes. Telcred targets infrastructure companies such as telecom operators and public transportation providers.
Bioservo Technologies
Venture Round in 2014
Bioservo Technologies is a Stockholm-based company established in 2006 through a collaboration between researchers at the Karolinska Institute and the Royal Institute of Technology. The company specializes in developing wearable muscle strengthening systems utilizing its patented SEM technology. Its primary product, the SEM Glove, is designed to aid individuals with impaired hand function and those in grip-intensive occupations by enhancing grip strength. Bioservo is focused on bringing its innovative solutions to both the Swedish market and eventually to a global audience. The company is led by CEO Johan Ingvast and a dedicated team committed to advancing bionic soft robotics technology.
Brighteco
Pre Seed Round in 2014
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.
Percepio
Venture Round in 2013
Founded in 2009 and based in Västerås, Sweden, Percepio develops software tools that simplify embedded software tracing and diagnostics. Its flagship product, Tracealyzer, supports various operating systems like VxWorks, Linux, FreeRTOS, OSE, and RTXC Quadros. Percepio also offers FreeRTOS+Trace for runtime diagnostics, DevAlert for remote monitoring of IoT devices, and RTOS Training for online courses in embedded software development.
Bluetest
Venture Round in 2010
Bluetest is a Swedish company that develops and manufactures reverberation chambers and software for accelerating the development and evaluation of wireless devices. Its offerings include reverberation test chambers, the Bluetest Flow software platform, and related accessories such as chamber loads and device holders. The company's technology enables cost-effective testing of wireless products with small antennas, providing measurements for end-user parameters such as coverage, throughput, and battery life. Bluetest serves mobile phone manufacturers, network operators, antenna manufacturers, and other providers of wireless solutions, and maintains a global distributor network with installations at sites around the world. Founded in 2000 and based in Gothenburg, Bluetest focuses on delivering fast and scalable test solutions using reverberation chamber technology.
Sensidose
Venture Round in 2008
Sensidose AB is a drug delivery company based in Uppsala, Sweden, specializing in individualized dosing systems for pharmaceutical tablets. The company has developed an innovative electronic dosing device, known as MyFID, designed for the administration of microtablets. This device allows for precise dosage management by pre-programming specific amounts of medication to be delivered at designated times, ensuring that patients can adhere to their treatment regimens while retaining control over the dosing process. MyFID also features advanced registration capabilities, tracking the time and amount of medication dispensed, as well as recording patient-reported symptoms and reasons for taking medication. This data is accessible to both patients and physicians, facilitating informed treatment decisions and enabling continuous monitoring of disease progression. Sensidose's flagship product, Levodose, delivers levodopa for the treatment of Parkinson’s disease, demonstrating the company's commitment to enhancing therapeutic outcomes through tailored drug delivery solutions. Sensidose operates in the United States, Europe, and other international markets.