Interspectral raises 4 MSEK in investment
Interspectral raises 4 million sek in investment from investors Lars Svensson – Rambas, Thorbjörn Fors – Fluvius and Östersidan förvaltning AB. Rambas, Fluvius and Östersidan förvaltning invested 5 msek in 2019 to accelerate product and business development to continue new market growth.
The capital injection will be used for the continued development of Interspectral’s streaming products, as well as for the development of an expanded product portfolio in both the industrial segment and science communication.
“It is a welcome boost at a time when the whole world is in a changing economic situation and is looking for services and products that enable distance and parallel work,” says Louise Lennersten, CEO of Interspectral. “I personally do not believe in slowing down from a crisis, but in using the change that is made to find new complementary solutions to suit the recovered world. You won’t conquer an uphill by hitting the breaks! And we need to ensure not to lose speed in our development despite the crisis.”
“Östersidan Förvaltning is very excited to see Interspectral’s efforts in these strange times. Despite Covid-19, the company has managed to maintain its position, while coming up with exciting development plans”, says Victor Hielte.
Interspectral was founded in 2015 and has since grown steadily with its flagship visualization software, Inside Explorer. Interspectral has a global reach with about 100 customers in nearly 40 countries in both the private sector and public sector, with a concentration on the education industry. In 2018, a successful test project with Siemens resulted in Interspectral developing a new software, AM Explorer, that provided additive manufacturing (3D manufacturing), which in itself led to increased opportunities also within this market area.
ABOUT LARS SVENSSON
Lars has extensive experience in software development from companies/organizations such as Saab, Ericsson and ESA. His employment at ESA gave him experience to live and work in an international environment. He founded and managed as a partner, Linsoft, a company focused on software development. He held the title, CEO for 17 years at Linsoft. In recent years, Lars has devoted himself too investing in, and in other ways, helping startup companies. The number of companies sum up to more than ten today, such as the e-health company Linkura and the 3D printer company Wematter. He is on the board of both companies.
ABOUT THORBJÖRN FORS
Thorbjörn is a global leader in the energy industry. He invests privately in Interspectral and has previously invested in other young growth companies.
ABOUT ÖSTERSIDAN FÖRVALTNINGS AKTIEBOLAG
Östersidan Förvaltning AB is a family run investment company based in Gothenburg. The company invests primarily in high growth privately held companies. The company portfolio is varied, and currently includes both retail product companies, investments in AI, and big data companies.