Fouriertransform invests in Pelagicore

The investment makes Fouriertransform the largest single shareholder in the company and will be used to support Pelagicore's expansion in the automotive industry.

Company
Founded in 2009, Pelagicore develops and licenses in-vehicle infotainment software for car manufacturers and suppliers. The company specialises in open source software platforms, including the open source operating system GNU/Linux, which is commonly found on embedded devices. The company is based in Gothenburg, Sweden, and employs 10 staff.

Following the investment from Fouriertransform, Pelagicore announced strategic cooperation with Nomovok, a Finnish in-vehicle infotainment software supplier. Both companies are members of GENIVI, a cross-industry in-vehicle infotainment consortium.

People
Christian Zeuchner, investment director, worked on the deal for Fouriertransform. Anders Björkenbo is the CEO of Pelagicore.

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• Topics
• Nordics
• Technology
• Early-stage
• Sweden
• Fouriertransform AB (FTAB)