Klang, a Helsingborg-based startup offering AI notetaking and search for “conversations that matter,” has announced its largest funding round to date, amounting to SEK15 million (€1.3M, $1.5M).
The Round
The capital was raised from existing investors and shareholders, including Johan Lenander, who led the round, along with Emil Sjödin and Daniel Gadd, among others. The startup cites a valuation of SEK150 million and an ARR of SEK20 million.
A Busy Period for the Company
This financing lands at a busy time for the four-year-old startup, which recently announced its expansion into Japan, its first market outside of Europe.
Last week, Klang released an open dataset and benchmark for Swedish speech recognition, built on 1,804 recordings crowdsourced from across Sweden. And in conjunction with this new investment, the company published Klang Pianissimo, an open-weight speech recognition model for Swedish, which the company claims cuts the error rate of comparable models by 75% and transcribes at 2,500× realtime.
Klang describes these moves as steps toward its vision of a “platform that works as a complete, searchable memory of the conversations of companies and organisations, where AI understands not only what was said, but also context, nuance, dialects and how different conversations connect.”
About Klang
Klang was founded in 2022 by Niklas Silfverström, Andreas Argelius, Mattias Fält, Viktor Silfverström, and Jacob Andersson, and has previously raised around SEK16 million across several smaller rounds.
