About Pelagicore
Pelagicore is a Transportation, Automotive & Logistics company based in Goteborg (Sweden) founded in 2009, and was acquired by Luxoft in September 2016. Open source software is utilized for automotive infotainment platforms. It operates in the Transportation, Automotive & Logistics and Technology sectors. Pelagicore has raised $3.09 million across 1 funding round from investors including Luxoft and Saminvest. Pelagicore offers products and services including QPython 3L, Online Compiler, Code Master, Awesome Android – UI Libraries, and Apk Editor Pro. Its focus areas include Connected Vehicles, In Vehicle Infotainment, Multimedia Software and Auto Tech.
Company details
Pelagicore was founded in 2009 in Gothenburg, Sweden, as a technology firm specializing in open source software for the automotive sector. Software platforms are developed to support infotainment systems, improving vehicle user interfaces. Partnerships have been established with entities such as Volvo, Nvidia, and Mercedes-Benz. The company was acquired by Luxoft in 2016, continuing operations in software integration for automobiles.
- Headquarters Goteborg, Sweden
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsTechnology
- Website pelagicore.com
- Social LinkedIn X Facebook
- Acquired by Luxoft (Sep 2016)
Products & Services of Pelagicore
Pelagicore offers a comprehensive portfolio of products and services, including QPython 3L, Online Compiler, Code Master, Awesome Android – UI Libraries, and Apk Editor Pro.
Python engine for Android to automate tasks and run scripts.
Mobile app for coding on weak devices without a laptop.
Android tool for programming and script experimentation.
Collection of interface elements for Android developers.
Tool for customizing Android app permissions and layouts.
Platform for betting services on Android devices.
Funding Insights of Pelagicore
Pelagicore has successfully raised a total of $3.09M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.09 million completed in September 2011. 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 $3.09M
- Total Rounds 1
- Last Round Series A — $3.09M
- First Round $3.09M
(Sep 2011)
- Investors Count 1
All 1 funding rounds of Pelagicore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2011 | $3.09M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Pelagicore
Pelagicore has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Luxoft and Saminvest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A state-owned venture capital company focused on sustainable investments. | 2016 | fouriertransform.se | Stockholm, Sweden | |
Software development and IT solutions are provided to global corporations. | 2000 | luxoft.com | Zug, Switzerland |
Investor details for Pelagicore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Pelagicore
3 dated milestones of Pelagicore across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Pelagicore is founded.
- Funding First funding round of $3.1M.
- Exit Acquired by Luxoft.
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Frequently Asked Questions about Pelagicore
Pelagicore was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Pelagicore is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Pelagicore is a funded company, having raised a total of $3.09M across 1 funding round to date. The company's 1st funding round was a Series A of $3.09M, raised on Sep 2011.
Pelagicore was founded in 2009 in Gothenburg, Sweden, as a technology firm specializing in open source software for the automotive sector. Software platforms are developed to support infotainment systems, improving vehicle user interfaces. Partnerships have been established with entities such as Volvo, Nvidia, and Mercedes-Benz. The company was acquired by Luxoft in 2016, continuing operations in software integration for automobiles.
Pelagicore offers QPython 3L, Online Compiler, Code Master, Awesome Android – UI Libraries, and 2 more products and services.
Yes. Pelagicore was acquired by Luxoft in September 2016.