Inovia raises about $16.5 million from Verdane
Summary
With Verdane’s investment, Inovia plans to accelerate the development and commercialisation of AI products and solutions and position the company for expansion to other Nordic countries.The technology is offering great opportunities for corporations and governmental organisations to improve customer interaction, make internal processes more efficient or enhance their products.With SEK 3 billion in commitments from investors, the fund will help build fast-growing companies within software, consumer internet and more traditional sectors where digitalisation can be a key driver of success.We believe AI will affect all industries and businesses and we are excited to start working with the highly competent and experienced Inovia team,” says Jakob Tolleryd, partner at Verdane.Verdane funds provide flexible growth capital to fast-growing software, consumer internet, energy or high-technology industry businesses, through both minority and majority investments in individual companies and portfolios.