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Home COUNTRY SCANDINAVIA&BALTICS

Sweden’s Redpine launches with €1.1 million backing to reduce AI hallucinations through licensed data

EU Startupsby EU Startups
September 26, 2025
Reading Time: 3 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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After a year in stealth, Stockholm-based company Redpine announces €1.1 million in funding and the launch of their platform to give AI builders and agents high-quality, licensed data.

The round saw participation from prominent angel investors and established partnerships with leading foundational AI companies and content owners worldwide. Investors, include Colin M. Evans (OpenAI), Feng Hong (Co-founder, Xiaomi), Anna Nordell Westling (Co-founder, Sana), Daniel Langkilde (Founder, Kognic; ex-Recorded Future), Gustav Lindqvist (Perplexity) along with a network of Spotify alumni.

“AI still operates with critical blind spots,” said Redpine’s CEO and Co-founder, Anders Hammarbäck. “We reduce hallucinations and boost accuracy by giving AI systems access to the right data – real-time, high-quality, and licensed. That’s how we help AI not just respond, but reason, decide, and act in the real world.”

Redpine’s funding positions it at the early end of the 2025 spectrum, particularly when compared to other European startups scaling infrastructure, tooling, or data platforms that are already raising multi-million euro rounds. The funding climate in 2025 suggests strong investor appetite for AI infrastructure and data-adjacent plays: compute platforms (Nscale, DataCrunch), model tooling (yasp), and data/test data services (Synthesized) are capturing much larger capital allocations.

That said, Redpine’s licensing‐driven, domain-specific data model distinguishes it from compute or hardware plays, placing it more squarely in the nascent ‘data as infrastructure/AI content licensing’ niche.

If it can show traction in high-risk verticals (healthcare, law, finance), and build strong partnerships with content owners and foundations, there is space for follow-on funding.

Redpine was founded in 2024 by tech builders Anders Hammarbäck (ex-McKinsey, Antler) and David Österdahl (ex-Spotify, iZettle), with Leonora Vesterbacka (PhD, CERN, AI R&D at KBLab) heading up data science.

It powers AI builders and autonomous agents with access to licensed, high-quality, multi-modal data – securely and at scale. The platform empowers content owners across domains, including copyright holders and proprietary data providers, to offer controlled and compliant access to their data.

Redpine says they are addressing the biggest bottleneck in AI: the lack of trustworthy, domain-specific data in areas where there is no room for hallucinations such as healthcare, law, finance, and robotics.

“They’re solving one of AI’s biggest challenges – access to high-quality data – and doing it globally. Redpine is a standout from the new wave of Nordic AI startups. I’m proud to be an early backer,” said Colin M. Evans, OpenAI.

The platform gives companies building AI and autonomous agents access to high-quality, multi-modal and domain-specific datasets – from pre-training and fine-tuning to inference and real-time RAG pipelines. This includes text, images, video, audio, and code spanning across domains, including medical, legal, scientific, coding and more.

The company already provides access to more than a hundred billion tokens of premium data, and its repository is expanding rapidly.

The company says they are tapping into the global AI training data segment, an emerging category within the trillion-dollar AI market, growing rapidly at 24.9% annually. Redpine licenses directly with copyright holders, proprietary dataset owners, and publishing houses.

As the legal pressure on unauthorized AI training ramps up, including Anthropic’s recent $1.5B book copyright settlement and new EU disclosure requirements, Redpine’s compliance-first model offers an increasingly necessary alternative.

“For AI to reach its full potential, we need both the highest quality data available to train, develop, and fine-tune, as well as fair compensation paid to the creators and owners of such materials to ensure sustainability into the joint future. Redpine exists to provide both,” added Roy Kaufman, Managing Director, Business Development at Copyright Clearance Center

Read the orginal article: https://www.eu-startups.com/2025/09/swedens-redpine-launches-with-e1-1-million-backing-to-reduce-ai-hallucinations-through-licensed-data/

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June 6, 2023

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