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Intric raises SEK 41M to build AI without American tech

Mar 2, 20261 minute read
Intric raises SEK 41M to build AI without American tech

Swedish AI startup Intric has raised SEK 41 million to grow its AI agent platform, built entirely without American technology. The round was led by Byfounders, with former Volvo and BP chairman Carl-Henric Svanberg among the investors. Intric serves public sector and enterprise clients needing strict data sovereignty, and has grown from 10 to over 60 customers in the past year. The company is now valued at roughly SEK 188 million.

Read full article here: https://www.di.se/digital/bygger-ai-utan-amerikansk-teknik-far-in-carl-henric-svanberg/

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