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Telness Tech raises €5M in funding led by key shareholders Industrifonden and Viltor (JCE Group) for US expansion

PRIVATEApr 04, 2024

Amount Raised

€5 Million

Round Type

Funding Round

StockholmHardwareSoftwareMobile

Investors

Viltor (Jce Group)Industrifonden

Description

Telness Tech has raised €5M in funding to support its expansion into the US market, aiming to meet the demands of its expanding client base and scaling its organization accordingly.

Quick answer

Telness Tech raised €5 Million in a Funding Round round, dated April 4, 2024. Investors: Viltor (Jce Group) and Industrifonden. Telness Tech is based in Stockholm, Stockholm County, Sweden.

How much did Telness Tech raise?
Telness Tech raised €5 Million in a Funding Round round on April 4, 2024.
Who invested in Telness Tech?
Viltor (Jce Group) and Industrifonden are named as investors in this round.
What does Telness Tech do?
Telness Tech is a software company that automates user interface design for telecommunications companies.
Where is Telness Tech based and how big is it?
Telness Tech is based in Stockholm, Stockholm County, Sweden.
Who are the decision-makers at Telness Tech?
Fundz holds 1 contact at Telness Tech. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Mobile around the same time

Companies in the same sectors as Telness Tech that raised within 45 days of this round, from Fundz verified event records.

  • Pocket FM raised $103M (Series D) on March 20, 2024.
  • MobileX raised $1.1M (Seed) on March 15, 2024.
  • Tappa raised $4.9M (Seed) on May 17, 2024.
  • Sezzle raised $150M (Funding Round) on May 17, 2024.
  • VaultN raised $1.6M (Seed) on May 14, 2024.
  • Botanix Labs raised $8.5M (Seed) on May 7, 2024.

Who to call at Telness Tech, and when

A new round usually means Telness Tech is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Telness Tech raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Telness Tech, from your own LinkedIn network

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Company Information

Company

Telness Tech

Location

Stockholm, Stockholm County, Sweden

About

Telness Tech is a software company that automates user interface design for telecommunications companies. It was first launched in Sweden in 2017 and has now expanded to the US.

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Telness Tech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.