ELVA11 Secures SEK 20 Million in Funding Led by TUV

ELVA11 announces the successful closing of a SEK 20 million funding round, led by Tech Universal Ventures (TUV). This strategic investment marks a significant milestone in our journey toward international growth and technological leadership.

Founded by Jim Roslund, ELVA11 has rapidly built a reputation for delivering cutting-edge software solutions and advanced AI capabilities that help organizations streamline operations and enhance customer experiences. The funding from TUV strengthens ELVA11's financial foundation and reflects a shared commitment to innovation and growth within the global tech landscape.

TUV is a prominent investment firm with a strong track record of identifying and nurturing high-potential technology companies. Their focus is on businesses that combine scalable technical solutions with strong leadership and a clear market vision.

Their investment in ELVA11 is driven by three core factors:

• Strong technical expertise and proven delivery track record

• Innovative approach to AI integration and software development

• Clear vision for international expansion and market leadership

"Our decision to invest in ELVA11 was based on a strong conviction that they represent the future of intelligent software development. The company's commitment to excellence, its strong technical culture, and its ability to execute across both AI and core software services align with everything we look for in a long-term partner." — Tech Universal Ventures Spokesperson

"We are incredibly excited about our new partnership with TUV. Their strategic insight and innovation-driven mindset are perfectly aligned with our mission. This investment not only validates the hard work and vision of our team but also gives us the resources to scale faster and serve our clients even better." — Jim Roslund, CEO of ELVA11

The partnership goes far beyond capital. With TUV's strategic backing, ELVA11 gains access to international markets, valuable networks, and deep operational expertise. The collaboration aims to accelerate growth, fuel product development, and further position ELVA11 as a leader in transformative software and AI services.