Allicon raises SEK 12 million in funding from existing investors

This news was covered in the daily PRO newsletter on August 5.

Allicon, a Stockholm-based platform and infrastructure provider for digitalizing properties, has announced a SEK 12 million (€1M, $1.1M) funding round from existing investors including Vargas, AMAVI Capital, and Ulf Ewaldsson.

Allicon was founded in 2016 under the name Corporate Fiber. For 2023, the company reported net revenue of SEK 10.4 million (slightly down YoY), and a loss of SEK 10.4 million.