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Stockholm's Hottest AI Startup Just Got Silicon Valley's Blessing

What Pit's $16 million a16z round tells us about Sweden's growing grip on the global AI map I was sitting at my desk last Thursday morning when the notification came through — another Stockholm AI startup, another Silicon Valley lead investor, another round that would have seemed impossible to imagine five years ago. The investor in question was Andreessen Horowitz , known in startup circles as a16z — one of the most powerful venture capital firms in the world, the firm that backed Airbnb, Facebook, and Spotify before they became household names. I'll be honest: I've seen enough Swedish startup announcements to develop a healthy skepticism. But this one made me stop scrolling. The founders behind Voi , the e-scooter company that turned European cities upside down, had quietly built something new — and a16z had written the first cheque. The news On May 7, Stockholm-based Pit emerged from stealth with a $16 million seed round led by a16z. The round also included L...

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