Today Spintop Ventures announces that we’ve led an investment round in the circular app Tings, alongside Schibsted Ventures, FJ labs, Arkwright X, and TSIC. Tings bridges the physical and digital realms by establishing connections among consumers, brands, retailers, and third parties within a circular ecosystem.  As a consumer app designed for organizing receipts and product…

Spintop Ventures has led an investment round for Elastisys, a spin-off company from Umeå University, specializing in cloud native technologies with a strong commitment to information security. The 30 million SEK investment will further drive Elastisys rapid expansion.  Elastisys provides its Compliant Kubernetes cloud platform as a managed service for customers to accelerate digital innovation…

Spintop Ventures has led a 45 MSEK investment into Embedl, a strategic move set to amplify its operations and further enhance the tools that are delivering the highest-performing AI models in the automotive industry. Embedl, a Swedish deep tech company specializing in AI research and development, has successfully raised SEK 45 million led by Spintop…

With IndyRIOT you can create a customized online community within your own domain, tailored for your specific needs. Kimberly Larsen and Lasse Andresen sparked the idea from their interest and experience of combining online and offline lives in a secure way.  Co-founder and CEO Kimberly Larsen shares how it all began:  – Lasse and I…

Spintop Ventures’ portfolio company IPRally Technologies, a patent AI company based in Helsinki, Finland, today announces an A round investment totaling €10m. The round is led by Endeit Capital with participation of previous investors Spintop Ventures, Join Capital and Icebreaker.  The funds will allow IPRally to accelerate the expansion of the company and to develop…

Spintop Ventures’ portfolio company Nomono is a winner in 2023 SXSW Global Innovation Award. Nomono is a pioneering developer of audio recording. Their Nomono Sound Capsule offers a portable, all-in-one field recording solution built specifically for podcasters and journalists, that automatically uploads recordings to an intuitive cloud-based audio collaboration and preparation tool.  – This is…

Spintop Ventures’ portfolio company and the AI ​​platform Infobaleen changes its name to  Sift Lab, in their journey to become a leader in the Nordics and Europe. Sift Lab’s AI platform helps customers both track and act on the right KPIs in real time.  This happens by taking in large amounts of customer data in…

Spintop Ventures’ portfolio company Cambri has announced the appointment of Ben Harknett as its new Chief Executive Officer, following an extensive search. Ben Harknett replaces Dr Heli Holttinen who has moved to Chief Product Officer to fully focus her efforts on the company’s product development. Spintop partner Sami Niemi comments: – From an investor’s perspective…

Serial-entrepreneur Nima Samimi, founder and CEO of HR-platform AlexisHR, spent a lot of time and energy handling HR-issues in his previous start-up and that’s how the idea to his new company was born. Three years after the release AlexisHR are serving customers all over Europe with focus on Norway, Sweden and the Netherlands with users…

Anders Malmström is the new CEO of Spintop Ventures’ portfolio company Defentry. He joins the Nordic cyber safety company as they’re preparing to scale-up in western Europe and the US. Defentry protects personal data for millions of individuals around Europe, through a real-time 24/7 digital monitoring and alert service for individuals and companies.   – I’m…

The AI ​​platform Infobaleen aims to become a leader in the Nordics and Europe. This funding round, Spintop Ventures and existing investor Fort Knox are investing, together with new management Linda Hellström and Anna Sundin, martech veterans from CRM firm Kaplan, among others. The platform helps customers both follow up and act on the right…

Adway, an automated social recruitment marketing solution from Sweden, announced today that it has raised a €10 million Series A round from Octopus Ventures and existing investors, Spintop Ventures and Brightly Ventures. – Since our investment in Adway last year, the team has excelled in so many areas. Continuously improving their platform, international expansion, more…

Sakari Arvela is the founder and CEO of IPRally, a company Spintop Ventures invested in early in 2021 and who are now aiming for their next leap as they revolutionize machine understanding of technology on their mission to become category leader in AI based patent intelligence. IPRally is a startup founded in 2018 that provides…

Nomono, a pioneering developer of audio recording and Spintop Ventures’ first investment in Norway, has announced the closing of a 35MNOK (€3.55MEUR) investment round, led by Schibsted Ventures. This seed round announcement comes on the heels of the company’s recent launch of the Nomono Sound Capsule, a cloud-connected, self-contained recording kit for capturing audio recordings…

Spintop portfolio company Donkey Republic welcomes Niels Henrik Rasmussen as new CEO, replacing co-founder Erdem Ovacik. Niels Henrik Rasmussen, former CEO for Penneo and Secunia, is hired to continue the development and growth of Donkey Republic following the IPO last year.  With the ambition to strengthen and professionalize Donkey Republic Niels Henrik Rasmussen is appointed…

Great news from our portfolio company Once Upon as they take a big step with the launch of the world’s first seamless photo book creation.  Swedish Once Upon has had a rapid growth since their start in 2017 and increased their revenue more than 15x since Spintop first invested in the company in 2018. The…

AlexisHR closes EUR 1.8 million seed round led by Spintop Ventures. The funding will fuel further expansion and positioning in the Nordics and Europe to simplify daily HR operations with the vision to become employees’ most loved people platform.  Alexis’ mission is to change the way companies deal with their people administration by making it…

We are pleased to announce that our portfolio company Acamp has acquired Ställplatser, a camping community app with over 100,000 active users across Europe. The camping app is a popular register for campers and camping hosts, both in and outside the Nordic region. The acquisition is an important step towards further operational expansion across the…

Acamp welcomes new investors Spintop Ventures and LRF Ventures, alongside current investor Centripetal Capital, in the Swedish tech company’s biggest round so far. The fresh funds will be used to accelerate growth and expand operations. Acamp’s mission is to make it easy for campers to explore and book great places to camp. Born out of…

univid grundare

Erik Skogetun and Jonathan Rintala, two former students at Sweden’s top engineering university, founded Univid after seeing a gap in the market for an interactive and user-friendly event platform. After a flying start for the company as official supplier for the world’s largest political fair, Almedalen, and with Facebook as its first major customer, the company has now raised EUR 800,000 in funding to continue its expansion.

IndyRIOT raises a $3M SEED round to help communities take ownership of their own data The round was led by Spintop Ventures, in syndication with Lyse Vekst and a number of high-profile investment firms and angels. September 27th 2021, Oslo: Today, indyRIOT – the self proclaimed game changer in community platforms – announces it has…

We are pleased to inform that Klarna has acquired APPRL. The transaction allows APPRL to connect even more retailers and content creators as global consumers embrace social shopping. The founders Martin Landén and Gustav Gisseldahl have successfully built a business that has aggressively grown their customer base with household brand names. We now look forward…

We are pleased to inform that Azerion has acquired Strossle. The transaction allows Strossle to continue creating value to advertisers that respect users’ right to digital privacy. Advertisers are increasingly seeking out privacy safe, non-intrusive advertising formats. Strossle services like the content recommendation and native solutions play into this trend because they allow their advertisers…

Norwegian technology startup completes oversubscribed round to simplify podcasting and enable spatial audio content creation. Nomono, a Trondheim-based audio technology startup spun out from SINTEF Digital in 2019, has completed their latest funding round, securing an additional NOK 55 Million (€5.4M, $6.4M USD) to fuel their research, development, and growth, after setting out to raise…

Spintop Ventures invests in HR tech company Adway to accelerate international growth. Adway reshapes the recruitment industry by innovative solutions to find highly sought-after passive candidates on social media, thus increasing talent pools and diversity.   Gothenburg, 16th June: Adway is announcing that it has raised €3.2M to accelerate their product innovation and international expansion,…

Small Giant Games is now a unicorn investment for Spintop. After having received the second earnout from the sale of the company, the total proceeds received by Spintop corresponds to a company value well above 1 billion USD. Thanks Timo, Otto, Markus, José and the rest of the Small Giant team for the fantastic journey….

Stockholm March 9, 2021 — Crosser, the leading low-code platform for Streaming Analytics, Automation and Integration for Industrial IoT, today announced its latest funding round of €3 million in new capital. The round was led by NTT DOCOMO Ventures and Montan-Ventures- Saar with existing investors Industrifonden, Spintop Ventures, 42 Cap, Almi Invest and Norrlandsfonden also…