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This Swedish film director collects £1.3M from EQT Ventures for its AI-powered visual content library

Kive

Based out of Stockholm, Kive is a creative technology startup founded to help anyone who collaborates creatively – such as filmmakers, designers, photographers, architects, fashion stylists, and creative teams.

Raised £1.3 million funding

Recently, the company has raised €1.5 million (approx £1.3 million) in funding co-led by EQT Ventures and Creandum. The company is planning to use the funding to strengthen the team across Europe and iterate on the product. 

The Swedish company targets filmmakers, designers, photographers, architects, fashion stylists, publishers, and e-commerce brands. 

Organises visual assets through AI

Founded in 2018 by Olof Lindh, a film director with a passion for technology, Kive’s technology automatically categorises and organises visual assets by styles, environments, objects, and thousands of other concepts, through AI. Notably, Kive’s platform can even recognise human emotions as well. 

Interestingly, the library shapes itself around each user’s content, so the technology tailors itself to each individual. The platform is cloud-first and tool-agnostic. This enables Kive to function as a meta-layer for visual assets from multiple sources, thereby becoming the default base library for creators.

Besides, it also enables easy sharing, doubling as a portfolio and presentation tool while connecting to social platforms. Kive is a creative technology startup

Olof Lindh, CEO, and founder of Kive commented: “As a director in creative environments, I experienced first-hand how powerful a creative library can be, and how great ideas get stifled because they’re difficult to share – which is why I built Kive. Imbued with a creator-first ethos, the vision is to help make creators’ lives easier and more fun with great collection and presentation tools — all of which help power better ideas. I am delighted to be partnering with EQT Ventures and Creandum, who are as passionate about empowering human creativity through technology as I am.”

 Ted Persson, Partner at EQT Ventures, added: “With the explosion in new creators and visual content, Kive is tackling a market that’s currently underserved by software. Creative asset management and collaboration remain a time-intensive problem, demanding countless hours from busy creatives, whether they’re established professionals or burgeoning side-hustlers. Combined, these audiences create a multi-billion-dollar market that’s global in scope and rapidly growing. We’ve seen a few startups aiming for this market, but Kive got us exceptionally excited.”

 Fredrik Cassel, General Partner at Creandum and first backer of Spotify, concluded: “For Creandum, the seed funding of Kive marks our 100th deal – and it couldn’t be a more exciting one. Olof impressed us at first sight with his rare combination of being an incredibly thoughtful individual and having the creative and technical talent to spare. Himself a creator, he is uniquely positioned to bring to market a new range of software genuinely aimed at like-minded creators. “