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§ Private Profile · Malmskillnadsgatan 32, Stockholm, Sweden
AI-powered workplace safety platform detecting risks with computer vision for industrial enterprises, focused on preventing injuries.
Based in Stockholm, Sweden, Buddywise provides an AI-powered workplace safety monitoring platform that uses existing CCTV cameras and computer vision to detect and report risks around the clock. The B2B software company serves international enterprises across the heavy industry, manufacturing, infrastructure, and pulp and paper sectors by delivering instant data analysis to prevent injuries. To accelerate European expansion and hiring, the business closed a seed funding round of three and a half million euros in March 2024, following an earlier pre-seed investment of over one million euros. Notable institutional investors include Kvanted, J12, Aligned, and Antler, alongside prominent angel backers such as Atlas Copco chair Hans Stråberg and Soundcloud founder Eric Quidenus-Wahlforss. Founded in 2020 by Lamin Faye and Yigit Arin, the safety technology firm currently operates across Sweden, Finland, Latvia, and Poland.
Buddywise has raised $5.3M across 3 funding rounds.
Buddywise has raised $5.3M in total across 3 funding rounds.
Buddywise has raised $5.3M in total across 3 funding rounds.
Buddywise's investors include J12 Ventures, Maria Wasastjerna, 75 & Sunny, Boosted Commerce, Left Lane Capital, Not Boring Capital, Speedinvest, Team Global, Tet Ventures, Dennis Yang, Douglas Stark, Elias Aalto.
Buddywise has raised $5.3M across 3 funding rounds. Most recently, it raised $4.0M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2024 | $4M Seed | J12 Ventures, Maria Wasastjerna | 75 & Sunny, Boosted Commerce, Left Lane Capital, NOT Boring Capital, Speedinvest, Team Global, TET Ventures, Dennis Yang, Douglas Stark, Elias Aalto, Fredrik Hjelm, Fredrik Jung Abbou, Inbal Leshem, LEA Sophie Cramer, Maria Raga, Mats Diedrichsen, Verena Pausder, Eric Quidenus Wahlforss, Hans Olov Blom, Hans Stråberg, Aligned, Oscar S Westergård | Announced |
| Oct 7, 2022 | $1.2M Pre Seed | Aligned Ventures, Antler | Hans Olov Blom, Hans Stråberg, Martin Lundqvist | Announced |
| May 1, 2020 | $110K Seed | — | Antler | Announced |
Buddywise is a Stockholm-based technology company founded in 2020 that builds the world's first fully automated safety monitoring platform using AI, computer vision, and machine learning to prevent workplace injuries and fatalities in heavy industry.[1][2][3] It serves deskless workers in sectors like manufacturing, infrastructure, pulp and paper, and energy by analyzing existing CCTV footage in real-time to detect risks such as trips, slips, driving collisions, and entry into danger zones, enabling proactive safety decisions without requiring personal devices.[1][2][4][5] The platform has gained traction across Sweden, Finland, Latvia, and Poland, supported by €1.2M in pre-seed and €3.5M in seed funding from investors like Kvanted, J12, Aligned, and Antler, fueling expansion in Europe.[3][4]
Buddywise was co-founded in 2020 by Lamin Faye (CEO) and Yigit Arin (CTO), seasoned tech professionals with expertise in safety and computer science.[1][3] Lamin, previously VP of Safety and Director of Digitalization at Vattenfall—a Swedish energy giant—studied computer vision at Singularity University in 2018, where breakthroughs in deep learning inspired him to apply the technology to automate workplace safety monitoring, moving beyond outdated paper-based methods.[1] Sharing a passion for innovation, the duo launched Buddywise to create data-driven safety improvements for heavy industry, starting with a pre-seed round of €1.2M and achieving early adoption at industrial sites.[1][4] The team's focus remains on scaling this vision to deliver real-world impact, as evidenced by testimonials from employees and customers highlighting its life-saving potential.[1][6]
Buddywise rides the wave of AI-driven digital transformation in industrial safety, a sector lagging in tech adoption despite high stakes—pioneering computer vision to disrupt manual, paper-based practices with automated, proactive monitoring.[1][4] Timing aligns with rising demand for EHS (environmental health and safety) solutions amid labor shortages and regulatory pressures in heavy industry, positioning it against competitors like Intenseye and Strosa by emphasizing deskless worker support and European expansion.[2][4] Market forces like advancing deep learning and existing camera infrastructure favor its model, enabling broad scalability; it influences the ecosystem by setting a zero-injury standard, inspiring data-centric safety across manufacturing and beyond.[1][4]
Buddywise is poised for aggressive growth post-€3.5M seed, targeting deeper European penetration and potential global reach in underserved industrial markets, with plans to refine AI models for even broader risk coverage.[4] Trends like generative AI video analytics and edge computing will amplify its edge, while partnerships could accelerate adoption amid tightening safety regulations.[2][4] Its influence may evolve from niche innovator to category leader, humanizing tech's role in saving lives—echoing the founders' vision of safer workplaces everywhere.[1]