7 November, 2017

Walerud Ventures, together with Almi Invest, recently invested SEK 7.5 million in Ekkono Solutions.

Ekkono Solutions' business involves "machine learning" and linked objects, also known as the Internet of Things (IoT), with a focus on the manufacturing industry. Ekkono's solutions allow IoT products to learn and adapt, which results in production optimisation and minimisation of manual monitoring/service.

Foyen has assisted the venture capital firm Walerud Ventures and Almi Invest with the investment. The responsible lawyers at Foyer were associate Elinor Pejryd and partner Tomas Rudenstam.

For more information, please contact:

Tomas Rudenstam, partner at Foyen

+46 (0)735-18 81 00, [email protected]

About Foyen

Foyen is a commercial law firm which was founded in 1987. Our primary practice areas are the construction and real estate industry, technology intensive industry, mining and forestry, public transactions, the energy sector, the environmental sector, IT law, and cross-industry business law. The three most important principles of our business are industry focus, an understanding of business, and outstanding expertise in the relevant area of the law. The firm currently has some 85 employees in Stockholm, Gothenburg, Malmö and Falun.