About Ekkono
Ekkono is a company based in Varberg (Sweden) founded in 2016 by Anders Alneng, Rikard Konig, and Jon Linden.. Ekkono has raised $2.94 million across 5 funding rounds from investors including Etteplan, EIC Fund and Venture Cup. Ekkono offers products and services including Embedded Edge AI, Software Development Kit (SDK), and Ekkono Synthesis. Ekkono operates in a competitive market with competitors including Abacus.AI, Axelera AI, Hailo, Jiangxing and Syntiant, among others.
- Headquarter Varberg, Sweden
- Founders Anders Alneng, Rikard Konig, Jon Linden
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ekkono Solutions Ab
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Annual Revenue
$813.3 K (USD)137as on Dec 31, 2023
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Net Profit
$-1.04 M (USD)-29as on Dec 31, 2023
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EBITDA
$-1.04 M (USD)-29as on Dec 31, 2023
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Total Equity Funding
$2.94 M (USD)
in 5 rounds
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Latest Funding Round
$5.1 M (USD), Grant
Dec 20, 2022
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Investors
Etteplan
& 4 more
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Employee Count
Employee Count
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Products & Services of Ekkono
Ekkono offers a comprehensive portfolio of products and services, including Embedded Edge AI, Software Development Kit (SDK), and Ekkono Synthesis. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables real-time machine learning on constrained devices for adaptive automation.
Toolkit for model generation and optimization on edge hardware.
Handles model life-cycle for collective learning and federated approaches.
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Funding Insights of Ekkono
Ekkono has successfully raised a total of $2.94M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $5.1 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $5.1M
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First Round
First Round
(10 Oct 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Ekkono | Valuation |
investors |
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| Aug, 2022 | Amount | Series A - Ekkono | Valuation |
investors |
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| Aug, 2021 | Amount | Grant - Ekkono | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ekkono
Ekkono has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Etteplan, EIC Fund and Venture Cup. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Mentorship and growth solution provider to startups
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Founded Year | Domain | Location | |
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Pre-seed and seed-stage firms are invested in by Walerud Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ekkono
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ekkono
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ekkono Comparisons
Competitors of Ekkono
Ekkono operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Abacus.AI, Axelera AI, Hailo, Jiangxing and Syntiant, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides AI based data models creation for data science
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| domain | founded_year | HQ Location |
Provider of hardware and software-based platforms for accelerating AI inference at the edge
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| domain | founded_year | HQ Location |
Provider of neural learning processors for edge AI applications
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| domain | founded_year | HQ Location |
Provider of edge computing hardware and software for applications in AI and IoT
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| domain | founded_year | HQ Location |
Provider of neural processing units for edge computing applications
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| domain | founded_year | HQ Location |
Embeddable speech and vision technologies are provided for consumer products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ekkono
Frequently Asked Questions about Ekkono
When was Ekkono founded?
Ekkono was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Ekkono located?
Ekkono is headquartered in Varberg, Sweden. It is registered at Varberg, Halland, Sweden.
Is Ekkono a funded company?
Ekkono is a funded company, having raised a total of $2.94M across 5 funding rounds to date. The company's 1st funding round was a Grant of $15K, raised on Oct 10, 2017.
What is the annual revenue of Ekkono?
Annual revenue of Ekkono is $813.3K as on Dec 31, 2023.
What does Ekkono do?
Ekkono was founded in 2016 in Varberg, Sweden, focusing on the embedded Edge AI sector. The platform is designed to execute machine learning directly on field devices, supporting real-time adaptive automation, condition monitoring, performance optimization, and predictive maintenance. On-device model updates are facilitated to address unknown faults and evolving conditions, shifting operations toward proactive maintenance strategies.
Who are the top competitors of Ekkono?
Ekkono's top competitors include Abacus.AI, Netrasemi and Axelera AI.
What products or services does Ekkono offer?
Ekkono offers Embedded Edge AI, Software Development Kit (SDK), and Ekkono Synthesis.
Who are Ekkono's investors?
Ekkono has 5 investors. Key investors include Etteplan, EIC Fund, Venture Cup, Walerud Ventures, and Almi Invest.
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