Favrit

Favrit is a next-gen POS system for restaurants, bars, and events.

Favrit is a next-gen POS system for restaurants, bars, and events.

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favrit.com https://favrit.com

Milestones

Founded in 2019

Investment year

2021

Investment stage

Series A

Investment status

Portfolio

Deal team

Patrik Backman

Favrit is a next-gen POS system for restaurants, bars, and events.

With the rise of digital-first guest experience in the hospitality industry, Favrit has developed a next-gen virtual order and pay platform that eliminates the need for clunky old-fashioned POS systems. By offering digital menus, self-ordering, and payment solutions, Favrit has redesigned the customer journey with the guest at its core, helping businesses boost efficiency, increase sales, and enhance the overall customer experience.

News highlights

Portfolio spotlight: Dreamfold

Portfolio spotlight: Dreamfold

Welcome to our portfolio spotlight series, where we highlight the teams behind some of the most ambitious technical companies. A company is only as strong as the people behind it, which is why we share the stories of the teams driving these disruptive innovations.

General Partner

What founders get wrong about speed and scale

What founders get wrong about speed and scale

Every founder faces the same question: how fast should you go? In conversation with our Venture Partner, Duleepa “Dups” Wijayawardhana, we explored why so many startups struggle to balance speed, quality and scale, and how to get it right (at least most of the time). As Dups puts it, for every rule there is an exception, and for every exception there is something to learn.

Duleepa “Dups” Wijayawardhana

Venture Partner

Quantum computing in Europe: lessons from IQM and OpenOcean

Quantum computing in Europe: lessons from IQM and OpenOcean

When we met Jan Goetz, Professor Mikko Möttönen and the rest of the IQM founding team in late 2018, we knew we were seeing something rare. The science was hard to grasp, even for my colleague Patrik Backman, who had studied physics and some quantum theory, but the ambition was unmistakable.

General Partner