Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Verdane invests SEK 150m in Inovia - a Swedish big data and AI solutions provider
September 11, 2018

Inovia is a niche Artificial Intelligence (AI) consulting and solutions provider in Sweden. With Verdane’s investment, Inovia plans to accelerate the development and commercialisation of AI products and solutions and position the company for expansion to other Nordic countries. The global AI market is growing by 50% yearly and is expected to reach $1.6 billion in 2018.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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