Kovant Raises €1.5M Pre-Seed Funding and Launches Globally to Redefine Enterprise Operations Through Agentic AI
STOCKHOLM, 26 NOV 2025 - Kovant (kovant.com), the Stockholm-based autonomous enterprise platform enabling businesses to create, run, and manage entire operations and departments of AI agents, today announces it has raised €1.5M pre-seed capital as it launches globally, immediately making its platform available to enterprises of all sizes and markets.
The round was led by Stockholm-based VC firm J12 Ventures, with participation from Ampli, Green Ventures and angel investors from tech veterans to industry leaders including Sara Öhrvall, board member at Axfood and Verisure, who will also be joining the Kovant board, and Emmanuel Martin-Chave VP AI at Data Guard.
With Sweden ranking as the world’s second-largest producer of unicorns per capita, Kovant is already on the path to being the next Swedish AI success story. Since its founding a year ago, Kovant has already captured €1 million in revenue from enterprises - while still in stealth - and secured large enterprise customers across the Nordics’ industrial and manufacturing sector. With this funding, Kovant will now expand its global presence with planned growth across the Nordics, Switzerland, and the Benelux region. This growth will support the company’s goal of transitioning enterprises into agentic-first operations where AI workforces execute business functions end-to-end with full governance, compliance, and human oversight.
Founded by industry veterans from Spotify and Bosch, and with a team from Meta, Amazon, and Google, Kovant is led by serial entrepreneur Ali Sarrafi, who previously headed AI initiatives at Spotify and scaled an AI company that transformed Nordic enterprises like Ericsson, H&M, SAS, and SEB before its acquisition.
Unlike copilots or one-off bots that provide assistance at the edges of workflows, Kovant delivers managed agentic workforces - teams of specialised AI agents capable of autonomously working across functions such as procurement, supply chain, inventory management, compliance, and customer success. Kovant’s current portfolio is already creating exponential business value by transforming month-long processes like procurement and bidding into 1-2 day autonomous executions while maintaining human oversight.
Kovant leverages a new novel architecture that enables enterprises to employ swarms of agents that can use Small Language Models (SLMs), rather than relying solely on large, generalist AI models, reducing the risk of hallucinations and errors. Each agent operates within clearly defined guardrails, ensuring accuracy, auditability, and compliance. Capable of launching within weeks, not months, Kovant’s agentic teams run continuously, learn over time, and escalate only when human oversight is required.
Ali Sarrafi, CEO and Co-Founder of Kovant says: “There’s this idea that big enterprises can’t make AI deliver real value without undertaking massive transformation projects. But that’s just not true. Too often, AI is used in ways that strip the human element out of work. We’ve flipped that. We’re pioneering a system where AI handles the execution so people can focus on what actually needs human judgment. What matters to us is real P&L impact, not building more agents or running endless POCs. Something that can be achieved in weeks, not months. This funding and our global launch are about taking that approach to a wider scale and showing that enterprises can and do get genuine, measurable results from AI.”
Emmet King Founding Partner at J12 adds: “Large enterprises, particularly industrial players with both physical and digital footprints are under growing pressure to modernise the operational core of their business, yet most still rely on fragmented systems and manual processes across planning, procurement, inventory management, logistics, and compliance. The rigid and siloed nature of these environments makes AI deployment very difficult, which is why most enterprises have so far seen little ROI from the technology. Kovant is one of the first teams we have seen with a credible path to change this and drive real scalable impact on enterprise operations. The team has fantastic prior experience in building data products and data infrastructure in large companies, as well as transforming enterprises with AI, and they are moving with rare speed and precision, already shaping how enterprises operationalise AI and gain huge value from it”
About Kovant
Kovant is a Stockholm-based enterprise AI company building the world’s first fully agentic platform for business operations. Founded by a team with deep experience across global enterprises and AI-driven businesses, Kovant has raised €1.5M to date and enables organizations to launch entire business units of AI workers that execute autonomously, governed by enterprise-grade security and oversight.
The company’s mission is to create scale business operations running on Agents and liberate companies from being stuck with co-pilot POCs , giving enterprises infinite capacity while keeping humans in control. Kovant’s platform is ISO-certified, and model-agnostic; the platform enables enterprises’ data sovereignty while integrating seamlessly with existing infrastructure. For more information, visit www.kovant.com.
