Encube Technologies AB

Based in Sweden, Encube Technologies AB develops a visual collaboration platform that enhances collaboration for hardware development teams through innovative design tools and real-time feedback mechanisms. Encube Technologies AB, founded in 2021 by Hugo Nordell and Johnny Bigert, operates from Stockholm, Sweden, providing a platform for visual collaboration aimed at hardware development teams. In October 2025, the company raised USD 23 million in a seed round, co-led by Inventure, Kinnevik, and Promus Ventures, marking its first major funding. Encube is a visual collaboration platform designed specifically for hardware development teams, facilitating seamless interaction and innovation throughout the product design lifecycle.

The platform allows teams to consolidate designs, drawings, and ideas onto a shared visual canvas, enabling real-time collaboration and feedback capture. By integrating 3D models, technical drawings, and supporting files, Encube enhances the workflow by allowing stakeholders to see the implications of design changes on performance, production costs, and manufacturability. The platform is tailored for hardware teams across various industries, including consumer electronics, automotive, and industrial design, serving clients who require efficient collaboration to accelerate their product development processes. Encube has gained traction in markets such as North America, Europe, and Asia, where it supports diverse teams aiming to expedite their R&D projects and improve decision-making quality.

Encube operates on a subscription-based revenue model, providing access to its platform through tiered pricing plans that cater to different organizational needs. Clients typically engage in B2B transactions, subscribing to the service to facilitate their product development efforts. The platform includes a range of features designed to enhance collaboration, such as task management, feedback collection, and document organization, which are essential for hardware development projects. Revenue is generated through recurring subscription fees, with options for customized implementations based on client requirements.

By aligning its offerings with the specific needs of hardware teams, Encube establishes long-term partnerships that drive consistent growth and solidify its position in the market. In October 2025, Encube Technologies AB raised USD 23 million in seed funding, which will be utilized for commercial expansion across Europe, developing industrial partnerships, and scaling artificial intelligence capabilities for hardware workflows. The company plans to introduce new products in the coming year to enhance its platform's features and user experience. Additionally, Encube seeks to expand its reach into new geographic markets, targeting regions that include North America and Asia by the end of 2026.