Sweden

[Funding alert] Stockholm-based Ankra Secures €1.1 million in Seed Funding

Oct 19, 2023 | By Startup Rise EU

Stockholm-based Ankra Secures €1.1 million in pre- seed funding round led by UK B2B investor SuperSeed, alongside industry-leading angel investors.
Benjamin Klingsbo - COO & Co-Founder (Left), Mattias Åsell - CEO & Co-Founder (Right)

Stockholm-based Ankra Secures €1.1 million in pre- seed funding round led by UK B2B investor SuperSeed, alongside industry-leading angel investors.

Read also - UK Fashion Resale peer-to-peer Startup NOLD €1 Million in Seed Funding

Ankra automates the establishment and oversight of cloud infrastructure in a compliant manner, enabling businesses and products to go online in days as opposed to waiting for lengthy setups.

Read also - Finnish-based iInfluencer Marketing Platform Boksi Raises €7 million in Series A Round Funding

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Dutch-based Soly Raises €30Million in Funding
Startup Rise EU
Jan 16, 2024
recomd
Recent Articles
Germany-based moveXM Acquired Feeddex BV and 5-Star Specialist BV
Startup Rise EU
Mar 30, 2024
recomd
Funding
[Funding alert] Berlin-based Milano Vice Secures €8.3 Million in Series A Round Funding
Startup Rise EU
Dec 8, 2023

The additional funding will go toward growing Ankra's platform in order to serve a customer waitlist and support the growing operations of the business in the UK market.

Read also - Dutch Startup Convious secures $9M Series A Round Funding

Co-founders Mark Shine, Mattias Karlsson sell, and Benjamin Klingsbo saw a growing problem: developers getting to spend hours maintaining systems as cloud infrastructure complexity increases and businesses grow more quickly. They utilized their experience working on Ericsson's 5G projects, Saab's military-grade infrastructure, Sweden's FX banking infrastructure, and business scaling at Google to identify this issue.

Read also - Berlin-based Kodex AI Secures €1.6 million in Funding

Mattias Karlsson Åsell, CEO of Ankra said,“Today, 30% of a fintech developer’s time gets bogged down in configuring and maintaining cloud infrastructure. This stalls companies and delays their applications from hitting the market. Ankra simplifies this, streamlining operations with a self-service approach that allows developers to set up production-ready Kubernetes clusters in just minutes. Leveraging automation, we’ve allowed developers to experience a 30% performance boost in productivity. Ultimately, we want to relieve them from the burden of infrastructure maintenance, and refocus them on what they do best: software innovation,”

Mads Jensen, Managing Partner at SuperSeed said,“The team at Ankra are focused on delivering what matters for customers that are deploying complex infrastructure – real productivity enhancement and cost savings. For banks and fintechs, Ankra offers excellent ROI. We look forward to supporting the founders in launching into the UK market and getting commercial traction with London’s world-leading fintech companies,”.

About Ankra

Ankra, a 2021 startup, stands out in the marketplace as the only offering that supports full kubernetes deployment and leadership, and that enables developers to manage the whole lifespan of their application through a single pane of glass.

Read also - Italy-based Startup Data Masters Secures €200K in Funding

In 2024, Ankra's solution will be made accessible to a select group of users, including startups and top-tier UK institutions.

Read also - Google has Pay German Content Creators €3.2 million Annually to Publish their Works on its News Search Engine.

Recommended Stories for You

story
Recent Articles

[Funding alert] Paris-based Ouinex Secures over $4Million in Funding

Startup Rise EU Feb 23, 2024

story
Recent Articles

[Funding alert] Copenhagen-based Orbis Medicines Secures €26Million in Seed Funding

Startup Rise EU Mar 1, 2024

story
Funding

[Funding alert] Amsterdam-based Femcare Startup Yoni Secures €2.3M in Funding

Startup Rise EU Dec 18, 2023

story
Funding

[Funding alert] Prague-based Hedepy Secures €1.75 Million in Funding

Startup Rise EU Jan 25, 2024

story
Funding

Funding Wrap of the Week | European Startups Funding Roundup | May 5 – May 10

Startup Rise EU May 11, 2024

story
Funding

[Funding alert] London-based Log my Care Secures £3Million in Funding

Startup Rise EU Apr 9, 2024