Bits Technology raises €12m Series A to expand AML infrastructure
Alstin Capital leads financing for the Swedish compliance platform.
Bits Technology announced a €12 million Series A on February 2, 2026, led by Alstin Capital. Cherry Ventures, Unusual Ventures and Alliance VC participated, alongside angel investor Haval van Drumpt.
The Swedish company plans to automate more financial crime workflows, broaden European regulatory and data coverage, and expand commercial operations in DACH and the UK. Its platform combines onboarding, risk assessment and continuous monitoring for regulated financial businesses.
Use of funds
Deepen automation of financial crime workflows
Expand regulatory and data coverage across Europe
Scale commercial operations in DACH and the United Kingdom