Crunchfish Completes SEK28M Third Angel Funding

Funding Rounds

Summary

Crunchfish, a Malmö, Sweden-based provider of a mobile touchless interaction platform, completed a SEK28M third round of angel funding.Silicon Valley entrepreneur Kenneth S. Thom and Rasmus Nanhed, the Switzerland based Director of Sales at the international office furniture company Kinnarps, joined the current team of investors including Saudi-Ethiopian businessman Mohammed Al Amoudi, chairman Joachim Samuelsson, Stephan Carlquist, Claes Ohlsson, Claes Ripa and Anders Williamsson.The company, which also announced internal share transactions of SEK3.5m, intends to use the funds to accelerate growth and expand in San Francisco.Its Touchless A3D® software platform detects and tracks objects in three dimensions relying only on the video stream from the embedded camera in a device.The technology can be experienced by downloading GoCam on iOS, a touchless camera and video app.

$ Funding

$
Amount - Total raised
Date November 28, 2014 Announcement date
Investors - Lead investors
Company http://www.crunchfish.com Funded company

Classifications

industries
Fintech & Banking
applications
Business Intelligence

AskAI Classifications

Labels
Payments Software Developer Tools Infrastructure Software

Linked Companies

Crunchfish AB
$1M to $5M