Copenhagen-based Formalize, whose compliance software serves organizations in 80+ countries, raised a €30M Series B co-led by Acton Capital and Blackfin Tech (Tamara Djurickovic/Tech.eu)
PositiveArtificial Intelligence

Copenhagen-based Formalize has successfully raised €30 million in a Series B funding round, co-led by Acton Capital and Blackfin Tech. This significant investment will help Formalize enhance its compliance software, which is already serving organizations in over 80 countries. This funding is crucial as it allows the company to expand its reach and improve compliance solutions across Europe, addressing the growing need for effective regulatory adherence in various industries.
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