AKOA announced closing a strategic investment round backed by Scania Growth Capital.

AKOA, a Stockholm, Sweden-based consultant in tech business process automation, announced that it entered into a strategic partnership deal for completing a capital investment round with Scania Growth Capital.

The investment will enable AKOA to further accelerate its growth in new markets, as well as to strengthen its organisation and offering.

AKOA (Another Kind of Automation), founded in 2016 by CEO Sebastian Toro, focuses on business process automation through technologies such as robotic process automation, virtual assistants, chatbots and artificial intelligence. Using technologies such as these, organisations can automate digital business processes without affecting underlying IT environments or drastically re-engineering the logic in the processes. This allows their employees to move towards more value-adding activities that help to evolve their businesses.