Newly Raises Over $2M To Grow Native App Development Platform

The funding round was led by PSV Tech and included participation from Karaoke Club, Wave Ventures, Inception Fund, Foundry Ventures, Tiny Supercomputing Investment Company, and angel investors such as Fredrik Björk, Mattias Miksche, Sebastian Knutsson, Peter Carlsson, Joseph Michael, Wilhelm Bohlin, Alfred Wahlforss, and Mandeep Singh.

While AI has simplified web development making landing pages, SaaS tools, and online stores easier to launch native mobile app development has remained complex.

Challenges like building for iOS and Android, navigating app store requirements, and maintaining performance have historically limited development to specialized teams.

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Newly addresses this gap by enabling users to build, iterate, and launch fully functional, compliant mobile apps without coding.

Its platform combines agentic AI systems with advanced mobile-native tools, allowing teams to go from concept to App Store ready product faster and at a lower cost than traditional methods.

Founder and CEO Timothy Lindblom describes Newly’s approach as cutting development timelines “from months to hours ” bridging the gap between idea and execution. He highlights that native mobile apps have often been inaccessible to many founders due to cost and complexity barriers Newly aims to eliminate.

The company plans to use the new funding to enhance its platform and expand beyond mobile, targeting other native formats such as desktop software, augmented reality experiences and wearable applications.