The round was led by byFounders, with participation from Wave Ventures.

The round was backed by Jet Investment through its Jet Venture 1 fund.

The round was co-led by Navigare Ventures and PSV Hafnium, with participation from Chalmers Ventures.

The round was led by Menlo Ventures and co-led by EQT’s Scaleup Europe Fund.

The seed round was led by Brighteye Ventures and Day One Capital, with participation from FemInvest.

The Series C round was led by Lightspeed Venture Partners and co-led by O.G. Venture Partners, with participation from Atomico, and General Catalyst.

The company's technology is already used at 20+ production sites, including facilities operated by Volvo Group Trucks, SKF, and Parker Hannifin.

The round saw backing from both existing shareholders and new strategic investors with significant industry expertise.