Minut is a Swedish startup that offers a smart home alarm system, aimed at providing accessible and private home security. Founded in 2014, the company has received considerable attention due to its innovative approach to home security. The co-founders of Minut, including Nils Mattisson (CEO), Marcus Ljungblad (Head of Growth), Martin Lööf (Head of Manufacturing), and Fredrik Ahlberg (Head of Research), have diverse and impressive backgrounds, with experience at companies like Apple. Their collaboration led to the creation of a smart home alarm that goes beyond traditional security measures, incorporating features to monitor movement, noise levels, temperature, humidity, and mold risk. This comprehensive approach ensures that homes remain secure while respecting privacy.
The company's latest milestone was a $5.00M Series B investment from Smedvig Ventures on 07 December 2023. This investment demonstrates confidence in Minut's potential and acknowledges the value of their innovation in the market. With its focus on making home security universally accessible, Minut has the potential to disrupt the traditional home security industry and carve out a significant market share. As the company continues to grow and innovate, it will be interesting to see how Minut's approach to home security evolves and how it impacts the industry as a whole.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $5.00M | 1 | 07 Dec 2023 | |
Series B | kr29.00M | 9 | 29 Mar 2022 | |
Series A | $8.00M | 6 | Centrica Innovations | 29 Jul 2019 |
Grant | €71.43K | 1 | EASME - EU Executive Agency for SMEs | 01 Sep 2018 |
Seed Round | $2.10M | 5 | Hampus Jakobsson | 22 Nov 2017 |
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