• Lexplore

  Participated · Equity · Mar 2017

  Lexplore builds an assessment and intervention product that combines eye-tracking with artificial intelligence to evaluate and develop literacy skills in children. The company has customers in seven countries, including Sweden, the U.K., and the U.S., and says it has helped over 100,000 students. Educators using the tool report significant progress and improved efficiency and accuracy for teachers, school administrators, and parents. Lexplore plans to use new capital to accelerate growth through sales and marketing hires. Management is targeting expansion into Western Europe, the U.S., and Oceania as part of its next growth phase. CEO Martin Sjöstrand emphasized that partnering with Sparkmind will help the company scale its mission to support struggling readers. Optolexia offers a screening test designed to identify children at risk of dyslexia in the first years of primary school. Its method aims to enable confident decisions on whether a child needs supplementary support or further investigation. The approach is intended to optimize use of school resources to benefit students, staff and the wider community. The company is conducting pilots and was preparing to release its service in the UK and the US in 2017. Optolexia raised $5.6M (approx. €5.2M) in funding to support its expansion plans. The company was founded in 2015 and is led by CEO Fredrik Wetterhal, operating from Stockholm, Sweden.

• H&D Wireless

  Led · Equity · Jun 2011

  H&D Wireless develops IoT hardware and cloud services, shipping Wi‑Fi units for smart home and wireless multimedia solutions. The company is launching an IoT cloud platform (GEPPS) that enables cashless payments and real-time location tracking across many applications. H&D says it has shipped more than 1,000,000 Wi‑Fi units to date. The newly raised capital will fund continued global expansion and the GEPPS launch. H&D raised $3 million from Blasieholmen Investment Group and its network of 40 Swedish and European private entrepreneurs and investors, with an option for an additional $4 million from the same investors. The company, founded in Stockholm in 2009, is also considering a Nasdaq First North IPO in Stockholm in the first half of 2017. H&D Wireless provides OEM customers with a Wi‑Fi system solution offering IPv4/v6 communication between cloud services, users' Android or iPhone mobile apps, and in-home devices. Its product set includes radio modules and application software used in applications ranging from smart energy meters for CleanTech to streaming data for Digital Media. The company is led by founder and CEO Pär Bergsten. H&D Wireless intends to use the newly raised funds to continue expanding its business. The article describes the company as a global smarthome solution provider based in Lista, Sweden.

No current team members are available.