Turbotic announced closing a pre-seed SEK 30 million investment round from Luminar and angel investors from Sweden.

Sweden 19 August 2020
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Turbotic, a Stockholm, Sweden-based software startup, secured a pre-seed capital investment of SEK 30M ($3.5M).

The money was provided by a range of investors from Sweden, institutional and business angels, including Luminar Ventures and Alexandra Montgomery. Post transaction, the founders will control 65% of the shares.

Turbotic, founded in 2020 by Theodore Bergqvist (CEO) and Alexander Hannerland, are still in inception levels, as they have yet to build a product. According to the marketing materials, the company's solution would be a SAAS build on top of the Delphi OS which the founders call "a Salesforce for AI and automation".

Total investments received (USD): 16.11M

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