ELVA11 Secures SEK 20 Million in Funding Led by TUV, Accelerating International Expansion in Software and AI Development

ELVA11, a fast-growing innovator in software and AI development, is proud to announce the successful closing of a SEK 20 million funding round, led by Tech Universal Ventures (TUV). This strategic investment marks a significant milestone in ELVA11’s 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. With investments across AI, SaaS, and digital transformation, TUV seeks out companies that not only solve today's problems but are also architecting the technologies of tomorrow.

Their investment in ELVA11 is a strategic move driven by three core factors:

1. AI as a Catalyst for Market Transformation: TUV sees AI as a defining force across virtually all industries in the coming decade. ELVA11’s deep specialization in AI and machine learning aligns perfectly with TUV’s focus on driving intelligent automation and data-driven decision-making across its portfolio companies.
2. Unique Talent Ecosystem: ELVA11’s ability to attract and nurture elite software developers, coupled with its internal focus on continuous learning and knowledge-sharing, makes it a breeding ground for sustainable innovation — a key factor in TUV’s long-term investment strategy.
3. Scalable Business Model with Global Potential: ELVA11’s combination of consulting, project execution, and educational services creates a platform with natural scalability, capable of adapting to international markets while maintaining technical depth and agility.

"Our decision to invest in ELVA11 was based on a strong conviction that they represent the future of intelligent software development," said a spokesperson for TUV.
"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. We’re excited to be part of their journey and to help them expand their reach globally."

Jim Roslund, CEO of ELVA11, added:
"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. Securing this level of support in a challenging market speaks volumes about the trust placed in our model, our people, and our potential."

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.

About TUV (Tech Universal Ventures)

🌐 www.techuniversal.co

Tech Universal Ventures is a forward-thinking investment firm focused on empowering breakthrough companies at the intersection of technology, innovation, and scalability. With a global portfolio of high-impact companies in AI, cloud services, fintech, and enterprise software, TUV partners with visionary founders to build the next generation of tech-driven growth.

About ELVA11

ELVA11 is a leading provider of software and AI solutions, dedicated to solving complex business challenges through innovative technologies. Based in Malmö and Stockholm, Sweden, the company is known for cultivating a high-performance culture focused on lifelong learning, creativity, and technical excellence.

At ELVA11, we aim to be the premier destination for top-tier system developers — a knowledge-driven environment where consulting, project delivery, and cutting-edge education come together to empower both clients and employees.

Together, we’re shaping the future of technology.

Media Contact

Jim Roslund
CEO, ELVA11
📞 +46 701 49 93 10
✉️ jim.roslund@elva11.se
🌐 www.elva11.se

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