
Luminar Ventures leads $1m seed round for Teemyco
Swedish venture capital firm Luminar Ventures has led a $1m seed funding round for Stockholm-based virtual office software developer Teemyco.
Early-stage VC firm Antler, recruitment company Gazella and undisclosed angel investors also took part in the early-stage funding round.
The tech startup will use the proceeds to launch its service and hire additional staff.
Teemyco, formerly known as Teemly, was founded in September last year and has developed a software to simulate the experience of a physical office while working remotely. The tool is in testing phase and currently being trialled with companies including Kognity, AppJobs and the University of Tokyo.
Company
Founded in September 2019 and based in Stockholm, Teemyco has developed a virtual office software to improve collaboration between colleagues working remotely. The software is in testing phase. The company has fewer than 10 staff.
People
Teemyco – Charlotte Ekelund (co-founder); Oleg Danylenko (co-founder; chief technology officer).
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