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Home World Regional News Europe

Sweden-based Ankra raises €1.1M

Femi Thomas by Femi Thomas
10/30/2023
in Europe
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Ankra Sweden

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Stockholm-based Ankra, a cloud infrastructure automation platform, announced that it has raised €1.1M in a pre-seed funding round led by UK-based B2B investor Superseed, alongside industry-leading angel investors.

Ankra says it will use fresh capital for the development of its platform to accommodate a waitlist of clients and the company’s growing operations in the UK market.

The cloud infrastructure company automates cloud infrastructure setup and maintenance in a compliant manner, allowing companies and products to go live in days compared to month-long setups.

This initiative aligns with Ankra’s goals to address the challenges of maintaining cloud infrastructure for prominent institutions.

Ankra stands out in the market as the only product supporting end-to-end setup and maintenance of a Kubernetes-based infrastructure, allowing developers to manage the entire lifecycle of their application through one single pane of glass.

By relying on Kubernetes, clients may enjoy benefits such as automated and customizable config for their teams. Without needing Terraform or Cloudformation, clients can make profiles available for their teams and import existing clusters in seconds.

The cloud infrastructure company will launch its product to selected customers, including startups and UK high-tier banks in 2024.

 

Read more on Tech Gist Africa: 

Sweden’s VEQ backs real-estate broker Norban in  €2M round

Sweden-based Novatron Fusion Group secures €5M

Sweden’s healthcare startup Encare secures €1.5M

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