Today, Dramatify received 300 000 SEK from Vinnova, Swedish Governmental Agency for Innovation Systems, in an innovation grant.
Dramatify has also just received a royalty-based, non-equity, soft innovation loan from Almi Invest, a government-run venture capital company, of 250 000 SEK. The investment was lead by Jenny Jansson and includes an option for Almi Invest to make further investments in Dramatify at a later stage together with private venture capital.
The 550 000 SEK will go to partly increase market potential and make valuable market connections, and partly to further development of Dramatify’s product. We are very proud and thankful to the great people at Almi Invest and Vinnova for their support and hope to work with them on further innovation and investments in the future.