KTH Chalmers Capital, which first backed IT software developer Apica Systems in 2007, has been joined by Industrifonden, SEB, Almi and Oxx for the latest round.

Sweden-based enterprise IT software developer Apica Systems secured $12.7m yesterday in a round that featured KTH Chalmers Capital, a VC firm backed by Chalmers University of Technology and KTH Royal Institute of Technology. SEB Venture Capital, the corporate venturing arm of financial services provider SEB, also supplied funding, as did Swedish state-owned venture firm Industrifonden…

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