# Kognic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kognic

- Industry: Semiconductors
- Headquarters: Gothenburg, Sweden
- Website: www.kognic.com/
- Total disclosed funding: $40M
- Latest round: Series A (Aug 2, 2024)
- Investors on record: 5

## About

Founded in 2018 and based in Gothenburg, Sweden, Kognic AB provides tools and solutions to help enterprises efficiently produce high-quality data for training and validating artificial intelligence (AI) models in the context of autonomous driving and advanced driver assistance systems (ADAS). In August 2024, Kognic AB raised SEK 100 million in Series A funding co-led by Metaplanet Holdings, Stena Sessan, Neudi Kapital, NordicNinja VC, and BaltCap. 
 
Kognic’s flagship product is a comprehensive platform designed for the assembly and management of custom data pipelines. The platform includes a suite of tools for exploring, shaping, and explaining complex and dynamic datasets. It provides advanced capabilities for data annotation in sensor fusion, which involves integrating data from multiple sources such as LiDAR, radar, and cameras. Additionally, the platform allows users to curate relevant datasets, assess model performance, and generate comprehensive reports. This includes features for machine and human feedback loops, ensuring that data and models can be continuously improved. In addition, Kognic offers orchestration and composability tools that optimise data workflows across large organisations, integrating seamlessly with workforce management systems to enhance operational efficiency.
 
The company will use the August 2024 funding to enhance its annotation platform further for the production and verification of sensor-fusion data for AI technology development.

## Funding rounds

- Series A, Aug 2, 2024, $9.5M — BaltCap, NordicNinja VC, Metaplanet Holdings, Stena Sessan, Neudi Kapital
- Series A, Jan 31, 2022, $24M — NordicNinja VC, Metaplanet Holdings, Stena Sessan, Neudi Kapital
- Series A, Sep 28, 2020, $6.7M — Stena Sessan, Neudi Kapital

## Investors

- Stena Sessan (https://capitalatlas.ai/funds/stena-sessan) — Series A
- Neudi Kapital — Series A
- NordicNinja VC (https://capitalatlas.ai/funds/nordicninja-vc) — Series A
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Series A
- BaltCap (https://capitalatlas.ai/funds/baltcap) — Series A