Swedish SaaS platform raises funding for innovative data protection solution
Summary
Lund-based startup Pinteg has secured nearly 600K (7 MSEK) in funding for its data protection platform called Fairity. Pinteg is collaborating with authorities and researchers in Sweden to develop a new data certification, with the first draft expected to be completed in 2023. Fairity will be the first product to receive this certification, contributing to better control over the collection and handling of personal data in Sweden.Earlier this year, Pinteg closed a seedplus funding round, with contributions from business angels, some of whom have experience in Data Privacy and the IT industry. With the 7 million SEK funding, the company plans to increase sales and marketing efforts for its data protection platform Fairity in Sweden. Investors in Pinteg express confidence in the companys vision and its ability to provide solutions for data protection in an increasingly digitized world while preserving individuals personal privacy.Pinteg collaborates with the leading authorities and researchers in Sweden regarding the development of a data certification, and in 2023 the first draft will be completed.