Cirio advised anch.AI on the deal.
anch.AI, a Stockholm, Sweden-based orizontally integrated ethical AI governance platform, raised $2.1M in Seed funding.
The round was led by Benhamou Global Ventures (BGV), with participation from Terrain Invest, Magnus Rausing, Kent Janér and Fredrik Andersson.
anch.AI (former AI Sustainability Center) was founded in 2018 by Anna Felländer, a leading expert on the effects of digitalization on organizations, society, and the economy, to determine ethical and societal risks of AI. Originally formed as a multidisciplinary research and consulting think tank, anch.AI pivoted in 2021 to developing a risk assessment platform for global businesses to ensure their use of AI is ethical and compliant with forthcoming regulation in the European Union.
The Cirio’s team consisted of Emma Dansbo (Picture – Partner, M&A), Jessica Grönberg (Senior Associate, M&A), Hanna Tilus (Partner, IP), Louise Åberg (Associate, M&A) and Niklas Junker (Associate, M&A).