Buddywise, headquartered in Stockholm, Sweden, has successfully raised €3.5 million in seed funding. The funding round was co-led by Kvanted and J12, in conjunction with existing investors Aligned and Antler, as well as notable angel investors including Hans Stråberg (Chair at Atlas Copco and SKF), Hans-Olov Blom (founder of Ramudden Global), and Eric Quidenus-Wahlforss (founder of Soundcloud).
The primary focus of this investment is to expedite the recruitment of both commercial and technical talent. Additionally, Buddywise aims to expand its customer base within international industrial enterprises, initiating its commercial expansion across Europe.
Founded by Lamin Faye and Yigit Arin, Buddywise specializes in a workplace safety solution powered by artificial intelligence and computer vision. Their innovative platform identifies real-time safety risks within the workplace, enabling industrial clients to connect their existing camera infrastructure for immediate risk mitigation. The platform’s continuous data collection provides insights to enhance proactive hazard prevention, ultimately bolstering the safety of teams operating within industrial sites.
To date, Buddywise’s solution has been successfully implemented across various industrial sites in Sweden, Finland, Latvia, and Poland, spanning industries such as infrastructure, manufacturing, and pulp and paper.
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By Ravi Kumar