Industrifonden invests in Zimpl

The SEK 5m round includes MST Venture and retail investor Tord Wingren, who has been appointed chairman of the company.

The investment is intended for R&D and launching the product. The company expects to generate revenue from licensing the software to existing mobile phone manufacturers for inclusion in their operating systems.

Company
Zimpl, founded in 2010 and based in Stockholm, develops software for predictive text input on mobile phones. The product allows users to enter a letter and swipe in one of eight directions to complete the word. It anticipates sentences and adapts to its user's choice of words.

People
Lennart Gustafsson represented Industrifonden.

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