2026-02-02
Bits Technology raises €12M Series A
Sweden-based Bits Technology raised €12M in a Series A led by Alstin Capital.
Round at a Glance
| Company | Bits Technology |
| HQ | Sweden |
| Amount | €12M |
| Round | Series A |
| Date | 2026-02-02 |
| Valuation | Not disclosed |
| Total Disclosed Funding | €16M |
Company Snapshot
Bits Technology (Finbits AB) is a compliance infrastructure platform for regulated financial institutions, founded in 2022. The platform covers onboarding, KYC, KYB, AML risk scoring, transaction monitoring, and case management across 100+ markets with 60+ integrated data sources. Publicly named customers include Alisa Bank, Qliro, and Walley.
Investors in This Round
| Investor | Investor HQ Country | Notes |
|---|---|---|
| Alstin Capital | Germany | Lead |
| Cherry Ventures | Germany | |
| Unusual Ventures | United States | |
| Alliance VC | Norway | |
| Haval van Drumpt | Sweden | CEO of Tre Sweden; individual investor |
Known Cap Table
| Investor | Round(s) | Investor HQ Country |
|---|---|---|
| Alstin Capital | Series A | Germany |
| Cherry Ventures | Series A | Germany |
| Unusual Ventures | Series A | United States |
| Alliance VC | Series A | Norway |
Total disclosed funding: €16M across 2 rounds (Seed and Series A).
Sources
- https://www.eu-startups.com/2026/02/swedish-startup-bits-raises-e12-million-to-deepen-automation-across-fintech-compliance-workflows/
- https://www.bits.bi/resources/blog/bits-raises-%E2%82%AC12m-series-a-to-unify-aml-for-european-fintechs
- https://www.kaupr.io/en/news/swedens-bits-secures-eu12-million-for-platform-tackling-fraud-and-money-laundering