Kaleidos builds Penpot, an open-source platform for collaborative user interface design and development that positions itself as a tool for both designers and developers. Penpot originated from internal hackathons at Kaleidos and the company highlights its hybrid approach as a differentiator that supports multidisciplinary teams. Kaleidos has 15 years of experience delivering technology for clients including Inditex, Decathlon, Scotland Yard and the University of Lausanne, and reports a workforce that is 60% female. The company is preparing to launch a paid product tier and to scale its sales organization following the recent funding. Kaleidos and supporters frame Penpot as contributing to European technological sovereignty by providing an alternative to dominant foreign design-tool providers. The firm also notes Penpot’s fit with generative AI workflows because it treats design as code, though no specific financial metrics were disclosed in the article.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2026