Imagimob, a Swedish AI startup, adds Permak to the investor list.

Imagimob, a Stockholm, Sweden-based AI company announced the addition of a new investor to the company.

The new investor, Permak, will allow Imagimob to accelerate its investments in R&D, intellectual property and international marketing and sales.

Imagimob, founded in 2013 and led by CEO Anders Hardebring, has developed an AI product for the Internet of things-gadgets - SensorBeat. It is a patented AI technology that allows advanced motion detection for smaller Internet-of-things-articles, of virtually every kind.

Imagimob has raised a total of about $1M in external funding from investors such as Almi Invest or STOAF - Stockholm Business Angels.