Area of interest: Industry
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Engrate raises 2.5 MEUR
(Stockholm, develops a platform to simplify digital integrations for energy companies): Has raised 2.5 MEUR in a funding round from Maniv, Eviny Ventures, and Course Corrected with members Kerstin Cooley and Christine Ahlstrand. “Electricity consumption is expected to double within the next 10–20 years. To handle that amount of electricity, we require smart digital solutions…
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Byhmgard is acquired by Suntrade Group
(Halmstad, provides support functions on the balancing market within the energy system): Has been acquired by Suntrade Group for 300 MSEK, in a deal consisting of shares in Suntrade Group. Early investors in Byhmgard include member Johan Staël von Holstein. “With Suntrade, we now gain a strategic partner who shares our ambition and provides access…
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Ipercept raises 58 MSEK
(Stockholm, provides an AI tool to optimize CNC machine performance): Has raised 58 MSEK in a funding round from Runaway FBU, AI.fund., J12 Ventures, Luminar Ventures with members Magnus Bergman and Louise Hagen, and Backstage Invest with member Fredrik Tilander. “We are not here to be eaten for breakfast. We want to become a global…
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Skye raises 3 MEUR
(Stockholm, enables industries to actively manage and optimize their electricity consumption): Has raised 3 MEUR in a funding round from Byfounders, Emblem, and Hawktail. “What they are building is not only innovative; it has the potential to generate really good financial returns and dramatically reduce the environmental impact for industrial companies,” comments member Sara Rywe,…
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Exobiosphere raises 3 MEUR
(Luxemburg, a space-focused pre-clinical contract research organization): Has raised 2 MEUR in a funding round from Expansion Ventures, Expon Capital, and Japan’s Space Data. “Exobiosphere brings a fresh, high-impact perspective to the fields of biotechnology and space,” comments member Ted Elvhage, founding partner of Expansion Ventures.
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Polar Light Technologies raises 34 MSEK
(Lindköping, enables significantly smaller and more energy-efficient light sources): Has raised 34 MSEK in a funding round from Stoaf, Almi Invest, Sustainable Energy Angels, LiU Invest, J2L Holding and Butterfly Ventures with member Anette Nordvall. “The investor’s interest confirms both their belief in our technology and our ability to deliver,” comments Oskar Fajerson, CEO at…
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Emulate raises 57 MSEK
(Lund, making renewable energy accessible to the entire world): Has raised 57 MSEK in a funding round from Helen Ventures, Enpulse, Skellefteå Kraft, and Course Corrected with members Christine Ahlstrand and Kerstin Cooley. “We will continue to develop the product and accelerate in Europe and the USA,” comments Shwan Lamei, CEO of Emulate.
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Novatron raises 113 MSEK
(Stockholm, develops commercial fusion reactors): Has raised 113 MSEK in a funding round from St1, TomEnterprise, Unit E Limited, Axon Partners Group, Santander InnoEnergy Fund, Climentum Capital with member Malin Carlström alongside Industrifonden with member Peter Wolpert. “As we begin preparing for industrialization, we need to secure partners that can contribute with experience, global network,…
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Remos Space Systems raises 1 MUSD
(Luleå/Stockholm, specializes in software-based solutions for satellite communication): Has raised 1 MUSD in a funding round from Bling Capital with members Deqa Abukar and Adnan Yousuf, Partnerinvest Norr, and undisclosed investors. Early investors include member Marcus Friman. “We’re excited to have secured this funding, which will accelerate our global expansion,” comments Dr. Moses Browne Mwakyanjala,…
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SeaPattern raises 8 MSEK
(Linköping, enhances electricity generation in hydropower plants): Has raised 8 MSEK in a funding round from Norrsken Launcher with members Erik Engellau-Nilsson, Anna Fredrixon, Fredrik Jung Abbou, and founding member Ash Pournouri. “We will first establish a strong presence in Sweden, Norway, and Finland, and then expand into Europe. After that, the plan is to…
