Flat Capital Invests 10 MSEK in AI Developer Tool Company Pieces
Flat Capital AB (publ) has committed approximately 10 million Swedish kronor (MSEK) to the AI company Pieces as part of its recent capital raise. Pieces develops an AI-powered tool aimed at software developers, enabling their computers to retain memory by capturing, organizing, and linking all relevant work context—such as code, documents, and chats. This functionality helps create and manage both immediate and long-term memory to boost productivity.
About Pieces and Its Investors
Founded in 2020 by CEO Tsavo Knott along with Mack Myers and Mark Widman, Pieces targets developers at every skill level who want to improve efficiency by automatically capturing essential context during their workflows. Among its notable investors is Drive Capital, a US-based venture capital fund led by Chris Olsen, a former partner at Sequoia.
About Flat Capital
Flat Capital focuses on investments in companies led by prominent entrepreneurs. Since its founding in 2013 by Nina and Sebastian Siemiatkowski—founders of Milkywire and Klarna respectively—the firm has supported several high-profile ventures including OpenAI, Klarna, Perplexity, SpaceX, and ElevenLabs. Flat Capital leverages its extensive network of investors and entrepreneurs to support long-term company growth with a flexible investment mandate.
Contact and Further Information
- For more details on Pieces and their official press release, visit pieces.app/news/flat-capital-investment.
- Contact at Flat Capital: Hanna Andreen, CEO — hw@flatcapital.com, +46 (0) 73 353 44 66
- Certified Adviser: Augment Partners AB — info@augment.se, +46 (0) 8 604 22 55
Learn more about Flat Capital and its portfolio at flatcapital.com/en.
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