Swedish A.I. Startup Klang Raises 1.5 Million Euros and Sets Its Sights on DACH
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Klang, a Swedish AI startup, raised 1.5 million euros at about a 15 million euro valuation and used the funding plan to expand into DACH. Its five-person team already generated about 1.8 million euros in annual recurring revenue. It will invest in proprietary speech and language models, ramp hiring, and broaden sales beyond Japan toward the German-speaking market.