Swedish Startup Space

Crunchfish announces the completion of a 28 msek angel financing round

Written by on November 20, 2014

Crunchfish just announced the completion of its third round of angel funding aimed at accelerating growth and establishing the company in Silicon Valley. In addition to this addition of 28 msek new capital in the company, the company also announces internal share transactions of 3,5 msek.

With this investment Silicon Valley entrepreneur Kenneth S. Thom joins the team of investors. Thom operates several co-working facilities for tech high growth companies in the San Francisco area. Crunchfish has plans to set up its U.S. office his prestigious SOMAcentral on Mission Street in central San Francisco.

”Ken Thom is a phenomenal addition to our strong team of investors as he is extremely well connected in Silicon Valley. He has already facilitated meetings with extremely valuable contacts that we would not have gained access to otherwise”, stated Crunchfish chairman Joachim Samuelsson.

The company also announced that Rasmus Nanhed, the Switzerland based Director of Sales at the international office furniture company Kinnarps is also joining the team of investors.

”I am very delighted to welcome Rasmus onboard as one of our investors as I have known Rasmus for a very long time as we both grow up in Helsingborg. Rasmus brings valuable international sales perspectives and his positive spirit to us*, continued Joachim Samuelsson.

”It is an enormous statement of confidence that our current team of investors are doubling down on the company by taking almost the entire round themselves, only leaving room for a few carefully selected investors to join”, said Crunchfish CEO Joakim Nydemark.

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