Swedish data analytics platform closes Series A of over €3 million for global expansion
Summary
Rajet Krishnan, co-founder and CEO of Viking Analytics comments, We are excited to have closed an oversubscribed round in an unusually tough environment. Vikings unique approach of augmenting human experts to becoming super-experts is steadily gaining market acceptance as proven by more than 20 customers globally.Karolina Bjurehed, Investment Director at Industrifonden states. Not only does it enable more efficient control of the product line, but its also more sustainable.Chao Wu, Principal at ABB Technology Ventures expresses, With the pressure on to ensure uptime and prolong the lifecycle of electrical assets, the partnership allows us to develop analytics that will help customers maintain their operations and cut costs. Customers will get the insights they need to make informed decisions about their electrical equipment fleet and take preventative actions to avoid costly failure. We look forward to continuing our close collaboration with Viking Analytics to further develop and scale new AI software solutions in the future.