Sweden, Nema Labs Raises SEK5M from Chalmers Innovation Seed Fund

Nema Labs, a Gothenburg, Sweden-based company that provides programmers with threading tools for multi-core platforms, has raised SEK5m equity financing from Chalmers Innovation Seed Fund.
This investment brings the total amount raised to SEK10.5m.
Investors in the company also include Volvo Technology Transfer and Innovation Bridge.
Under the new CEO, Bjorn Hovstadius, the funds will be used to expand the business internationally.
Nema Labs former CEO, Per Stenström, continues in the company as chief technology officer and vice president.

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