ELVA11 Funding News- ELVA11 Secures €1.8 M To Growth Accelerates
Apr 29, 2025 | By Kailee Rainse

ELVA11, a growing software and AI company, has raised €1.8 million (SEK 20 million) in new funding. The investment round was led by Tech Universal Ventures (TUV).
SUMMARY
- ELVA11, a growing software and AI company, has raised €1.8 million (SEK 20 million) in new funding. The investment round was led by Tech Universal Ventures (TUV).
The company was founded by Jim Roslund and creates software and AI tools that help businesses work more efficiently and improve customer service.
Based in Malmö and Stockholm, Sweden, ELVA11 encourages learning, creativity, and strong technical skills among its team.
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Their goal is to support both clients and employees by offering system development, consulting, project delivery, and ongoing education.
By combining these services, ELVA11 has built a flexible platform that can grow and expand into international markets while staying innovative and technically strong.
According to a spokesperson for TUV:
"Our decision to invest in ELVA11 was based on a strong conviction that they represent the future of intelligent software development."
TUV says ELVA11 is a great long-term partner because of its focus on quality, strong tech culture, and proven skills in both AI and software development.
According to Jim Roslund, CEO of ELVA11:
“This investment not only validates the hard work and vision of our team but also gives us the resources to scale faster and serve our clients even better.
Securing this level of support in a challenging market speaks volumes about the trust placed in our model, our people, and our potential."
This partnership is about more than just funding. With TUV’s support, ELVA11 will be able to reach global markets, connect with important networks, and benefit from TUV’s business experience. The goal is to help ELVA11 grow faster, build new products, and become a top player in advanced software and AI services.
About ELVA11's
ELVA11 is a software and AI company started by Jim Roslund. The company helps businesses improve how they work and serve their customers. ELVA11 also creates a learning-focused environment by offering consulting, project work, and continuous training.