Indivd secured $300k from Swedish angel investors.

Indivd, a Sundsvall, Sweden-based startup developing a software video recognition tool, completed a SEK 3 million ($310k) capital investment round.

The money was provided by private investors from Sweden, including Martin Roos.

Indivd, founded in 2017 Andreas Hjorth, Victor Molen (CEO), Fredrik Amréus Hammargården, and Carl and Leonard Johard, developed an AI-based technology which uses cameras to identify and re-identify everybody without processing biometric data or storing personal data.

Prior to this round, in 2018, Indivd secured more than SEK 3 million in financing backed by a Vinnova grant and private investors.