Klang raises €1.32 million

Swedish AI company Klang has raised €1.32 million (SEK 15 million) at a €13.2 million (SEK 150 million) valuation in a round led by entrepreneur and tech investor Johan Lenander, together with Refined founder Emil Sjödin and Position Green co-founder Daniel Gadd, alongside existing shareholders. Klang develops AI technology that transcribes, summarises and analyses conversations, and is developing its own speech and language models for real-time processing. The company will use the new capital to accelerate AI research and product development, expand into the Nordics, Benelux, DACH region and Japan, and hire around 10 people across research, development and marketing. The funding will also support Klang’s longer-term development of...

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