Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm
Swedish startup Pit may have gained notice for some rage-bait social media posts, but it has also become another Stockholm AI startup to watch.
Pit is led by the cofounders of European scooter giant Voi including Voi CEO Fredrik Hjelm. He is joined by former iZettle and Klarna engineers. And it is now backed by a16z, which is leading the startup’s $16 million seed round. Stockholm, also home to Lovable, is one of the places where a16z has been actively looking for the next European unicorn.
Pit is going after enterprise AI with products intended to learn from the clients how their businesses run then create custom software to automate processes, Pit CEO Adam Jafer told TechCrunch.
Jafer left Voi last summer after a seven-year tenure during which the company scaled into a team of nearly 1,000 employees operating into 13 countries. From his engineering viewpoint, Jafer saw...
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