Bintel secures $870 in funding from Almi Invest and angel investors.
Summary
The money was provided by a range of local angel investors, including Erik Urnes and Philip Abdon, who were matched by a SEK 4M contribution provided by the Swedish state-owned investment company Almi Invest. The money will go to marketing and sales, with the initial focus on the Nordic region . Bintel, founded in 2018 and led by CEO Tom Johansen, develops sensor-based systems and cloud services for on-demand waste management services. The solution can send alerts when it is time to empty the garbage bins - the company already ran a pilot project with the City of Helsingborg. Prior to this deal, Bintel secured $360k at the end of 2018 from investors including Anders Hedberg, Dan Nilsson, and Karsten Deppert.
Funding
Amount
$870.0K
Total raised
Date
April 15, 2019
Announcement date
Investors
ALMI Tillväxtlån
Lead investors
Company
http://bintel.se/
Funded company
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