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Tuesday, October 4, 2022



Mavenoid raises $30m to bring AI-powered product support to hardware brands

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Mavenoid’s platform takes aim at the high cost required for technical product support by providing AI-powered automation and remote support tools

STOCKHOLM, August 31, 2022Mavenoid, the leading hardware support platform, today announced that it has secured $30 million in a Series B financing round led by Smedvig Capital. Previous investors, Creandum, Mosaic, and Point Nine Capital, as well as new investors NordicNinja, ABB Technology Ventures, and financing partner SVB UK, also participated in the round.

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Mavenoid’s hardware support platform empowers any brand with physical technology products— such as consumer electronics, home appliances, micro-mobility, and industrial machinery— to provide seamless support to their customers. With Mavenoid’s AI-powered self-service, remote, and support automation tools, companies can provide high-quality support that resolves customers’ product issues in the quickest,…

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