Almi in SEK 12m round for Arkub
Almi Invest has taken part in a SEK 12m funding round for Swedish telematics company Arkub.
Investment manager Johan Crona of Almi Invest commented that the company is benefiting from the trend of optimising machinery and vehicles usage by connecting them through the internet.
Company
Arkub, founded in 2002, develops machine-to-machine solutions allowing vehicles and machinery to communicate data. Based in Arboga, Sweden, the company employs 30 staff and anticipates a SEK 45 turnover for 2012.
People
Investment manager Johan Crona worked on the investment for Almi.
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