Crosser

Acquired by AVEVA (Schneider Electric), 2025

Acquired by AVEVA (Schneider Electric), 2025

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Status

Exited

Country

Sweden

Fund

Spintop II

Invested

2017

CEO

Martin Thunman

Edge computing and streaming analytics platform for industrial IoT

Finn Persson

Partner & Co-founder

Co-investors

NTT DOCOMO Ventures, 42Cap, IF, Montan-Ventures-Saar, Norrlandsfonden

Website

crosser.io

Key trends

Digital infrastructure

Tech stack

Systems & platforms

Nordic roots

Sweden

Crosser provides a core software module enabling large scale Internet-of-Things (IoT) deployments in industrial processes. Crosser’s software acts as an on-site middle-layer between sensors and cloud services, analysing the streaming data in real-time and enabling large cost savings and real-time local actions for time-sensitive applications. It is designed to collect all the data from sensors or operational technology (OT) machine data in real-time, analyse the data in milliseconds, aggregate, filter, enhance and take actions on the data in a distributed way. It is typically installed on a factory floor server or IoT Gateways and can also be embedded in equipment, machines or vehicles.

Crosser’s solution includes a cloud-based management platform with a drag-and-drop Flow Studio for easy set-up and over-the-air configuration and software updates. It comes with a library of pre-built adapters and connectors for sensor data, industrial protocols, enterprise data sources and applications, cloud apps and cloud services.

Crosser powers large scale deployments, including a supply and fleet management system for Sweden’s largest forestry industry. The company has partnered with the leading industrial IoT system integrators to develop the market.

The company has an experienced and senior management team led by CEO Martin Thunman with a previous background at Cisco, as CEO of Packetfront and as Head of Sales at Edgeware.

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Snow capped Nordic peak at sunset above a forested valley and a river

On the ground across the Nordics.

Investing at pre-seed and seed.

Spintop Ventures mark
Spintop Ventures

Norway

Tordenskiolds gate 2, 0160 Oslo
Krambugata 2, 7011 Trondheim

Sweden

Sveavägen 50, 111 34 Stockholm
Bredgatan 4, 211 30 Malmö
Rådhusgatan 46, 831 82 Östersund

Finland

Mikonkatu 9, 00100 Helsinki

Denmark

Højbro Pl. 10, 1200 København

© 2010–2026 Spintop Private Service AB. Org. no. 556805-0859

Snow capped Nordic peak at sunset above a forested valley and a river

On the ground across the Nordics.

Investing at pre-seed and seed.

Spintop Ventures mark
Spintop Ventures

Norway

Tordenskiolds gate 2, 0160 Oslo
Krambugata 2, 7011 Trondheim

Sweden

Sveavägen 50, 111 34 Stockholm
Bredgatan 4, 211 30 Malmö
Rådhusgatan 46, 831 82 Östersund

Finland

Mikonkatu 9, 00100 Helsinki

Denmark

Højbro Pl. 10, 1200 København

© 2010–2026 Spintop Private Service AB. Org. no. 556805-0859

Snow capped Nordic peak at sunset above a forested valley and a river

On the ground across the Nordics.

Investing at pre-seed and seed.

Spintop Ventures mark
Spintop Ventures

Norway

Tordenskiolds gate 2, 0160 Oslo
Krambugata 2, 7011 Trondheim

Sweden

Sveavägen 50, 111 34 Stockholm
Bredgatan 4, 211 30 Malmö
Rådhusgatan 46, 831 82 Östersund

Finland

Mikonkatu 9, 00100 Helsinki

Denmark

Højbro Pl. 10, 1200 København

© 2010–2026 Spintop Private Service AB. Org. no. 556805-0859