Energy startup Terasi raises 120 million kronor for its Starlink challenger

Swedish tech company Terasi has raised 120 million kronor for its Starlink challenger. According to documents, the company is valued at 283.2 million kronor, including the new funds. Elergi Labs, a new energy startup founded by Einride veterans, has raised 37 million kronor in its first funding round just months after its launch. Legal tech challenger Arkivia has chosen a different path from its Swedish industry peer Legora, raising 40 million kronor and simultaneously winning a prestigious contract with Advokatsamfundet.

Backed by Node VC, with Tobii founder Johan Elvesjö at the helm, as well as Sven Hagströmers Biovestor, Arkivia is positioned for growth. Klang, which transcribes and analyzes interviews using AI, has raised 15 million kronor to expand its team and launch internationally.

Meanwhile, Anna App, targeting NPF parents, has attracted 10,000 users in six months without any marketing spend, prompting Tommy Jacobson and H&M's Karl-Johan Persson to invest an additional 5 million kronor to accelerate growth.

Reported by Breakit.