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998 Swedish startup closes new round of funding, welcomes H&M Group as strategic investor

ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/03/2024 09:06 EDT

Swedish startup closes new round of funding, welcomes H&M Group as strategic investor

Avassa, a Stockholm-based provider of edge application management and operations platforms, has secured new funding with H&M Group joining as a strategic investor. Existing investors Fairpoint Capital and Industrifonden also participated in this round. Avassa’s platform helps enterprises manage edge applications and infrastructure, particularly useful for industries such as retail, automotive, and industrial sectors. The […]

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