Tech start-up Minut recently closed a $8 million Series A funding round.
The round was led by KPN Ventures, alongside previous backers Karma Ventures, SOSV, and Nordic Makers.
Founded in 2014, Minut are the makers behind the Minut smart home alarm.
Minut has an impressive executive team, led by CEO/co-founder Nils Mattisson – who has spent the past seven years in the Exploratory Design Group at Apple.
The startup’s fresh capital will be used to accelerate growth across markets and to build product portfolio.
Marc Sabas, Venture Principal for Centrica Innovations said, “We first came across Minut as part of our Active Ageing start-up challenge and have been really impressed to see how their product has continued to develop over the past year.”As a global leader in providing cutting-edge connected home products and services, we look forward to working in partnership with the team to explore further opportunities to deliver products that offer greater choice, control and comfort over our customers’ homes.
“We have created the first complete smart alarm to keep your home safe and sound through a single device.”
“Through the use of machine-learning the sound recognition is continuously improved by the Minut community, making the system even better over time.”
Our aim is to make home security and monitoring accessible to everyone, without having to compromise the feeling of home.