Imagimob Raises up to SEK8M in Equity and Debt Funding

▤ Summary

Imagimob, a Stockholm, Sweden-based AI startup, has raised up to SEK8m in equity and debt funding.The round was led by Stockholm Business Angels (Stoaf).The company will use the funds to accelerate R&D, expand international sales activities and to strengthen the company’s IP portfolio.Led by Anders Hardebring, CEO and Co-Founder, Imagimob has invented and developed SensorBeat*, a patented AI technology that allows for advanced motion recognition on small, low-cost and low-power IoT hardware devices.The technology can potentially be used in an almost unlimited number of applications in a range of different vertical segments.

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