# Minut funding: rounds and investors

> Minut has raised $563K across 4 rounds since 2014. Investors include SOSV, Verve Ventures and HAX. Every round with its source.

Source: https://millionrounds.com/company/minut (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Minut*

4 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IoT

Funding summary Updated 26 Oct 2026

**$563K** raised across 4 rounds since 2014, from 4 sources

**$25K** Seed **$238K** Crowdfunding **$300K** Seed

- **Latest round:** Venture Aug 2024
- **Biggest round:** $300K Seed · Mar 2015
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2016 2018 2020 2022 2024

**$25K** Seed

**$238K** Crowdfunding

**?** Venture

- **First round:** Seed, $25K
- **Biggest round:** $300K
- **Usual gap between rounds:** 5 months

[**Minut** Internet of things 1 / 8 Their pitch deck **Minut's pitch deck, 8 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/minut)

## The rounds

- **Aug 2024** Venture **Amount undisclosed** *1 new* *1 returning* [SOSV](https://millionrounds.com/fund/sosv) [Verve Ventures](https://millionrounds.com/fund/verve-ventures) Source recorded
- **Mar 2015** Seed **$300K** *4 new* [Hampus Jakobsson](https://millionrounds.com/fund/hampus-jakobsson) [Johan Lenander](https://millionrounds.com/fund/johan-lenander) Jim Williams Tord Wingren From a historical funding record
- **Dec 2014** Crowdfunding **$238K** *1 new* [Kickstarter](https://millionrounds.com/fund/kickstarter) From a historical funding record
- **Jul 2014** Seed **$25K** *2 new* [SOSV](https://millionrounds.com/fund/sosv) [HAX](https://millionrounds.com/fund/hax) From a historical funding record

## Founders and team

From Minut's own website: 4 on the team.

- **Shaun Balin** COO of Beckon Homes
- **Student Accommodation** Shaun Balin, COO at Beckon Homes
- **Drew Millum** Director of Kasa
- **Erin McBean** Director of igloo

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Crowdfunding** 2014 **Seed** 2015 **Venture** 2024 [SOSV](https://millionrounds.com/fund/sosv) [Verve Ventures](https://millionrounds.com/fund/verve-ventures) [HAX](https://millionrounds.com/fund/hax) [Kickstarter](https://millionrounds.com/fund/kickstarter) [Hampus Jakobsson](https://millionrounds.com/fund/hampus-jakobsson) [Johan Lenander](https://millionrounds.com/fund/johan-lenander) Jim Williams Tord Wingren

## Everyone who backed them

[SOSV](https://millionrounds.com/fund/sosv) VC firm **2** rounds

[Verve Ventures](https://millionrounds.com/fund/verve-ventures) VC firm **1** round

[HAX](https://millionrounds.com/fund/hax) Accelerator **1** round

[Kickstarter](https://millionrounds.com/fund/kickstarter) VC firm **1** round

[Hampus Jakobsson](https://millionrounds.com/fund/hampus-jakobsson) Angel **1** round

[Johan Lenander](https://millionrounds.com/fund/johan-lenander) Angel **1** round

Jim Williams no record of our own yet **1** round

Tord Wingren no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=minut).

## Also claim to have backed them

These 2 firms list Minut as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Citadel Capital SA](https://millionrounds.com/fund/citadel-capital-sa) VC firm Per its own site

[Nordic Secondary Fund](https://millionrounds.com/fund/nordic-secondary-fund) VC firm Per its own site

## Quick answers about Minut

### Who invested in Minut?

Minut's investors include SOSV, Verve Ventures, HAX, Kickstarter and Hampus Jakobsson, and 3 more on record.

### How much has Minut raised?

Minut has raised $563K across 4 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Minut last raise?

Minut's most recent round was a Venture in Aug 2024.

### What was Minut's biggest round?

Minut's largest round on record is $300K (Seed), in Mar 2015.

### Who backed Minut first?

Minut's first round on record, in Jul 2014, was backed by SOSV and HAX.

### What stage is Minut at?

Minut's latest named round is a Venture, in Aug 2024.

### Where is Minut based?

Minut is based in Sweden.

## Companies like Minut

In the same sector, and raised in the last eighteen months.

[**IPercept** $17M · Sept 2026](https://millionrounds.com/company/ipercept)[**Freya Industries** $615K · Sept 2026](https://millionrounds.com/company/freya-industries)[**Tractian** $250M · Oct 2026](https://millionrounds.com/company/tractian)[**Stenon** $41M · Oct 2026](https://millionrounds.com/company/stenon)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**Farmnote** $12M · Oct 2026](https://millionrounds.com/company/farmnote)

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