Area of interest: Industry
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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…
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Echandia raises 220 MSEK
(Stockholm, develops battery systems for ferries, navy vessels, and other maritime applications): Has raised 220 MSEK in a funding round from Alantra’s Klimat fund, Industrifonden with member Peter Wolpert, SEB Greentech VC, and Japan’s EEI. “Our revenues grew fourfold in 2024 compared to 2023, and with our current sales pipeline, we expect our revenues to…
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Vaja raises 4.35 MSEK
(Stockholm, wind-adaptive technology for solar parks): Has raised 4.5 MSEK in a funding round from Node.vc with founding member John Elvesjö and members Daniela Sjunnesson, Rebecca Sjödin, Mårten Skogö, Henrik Tellving, and Andy Johnston. “We have a humble ambition to revolutionize the global solar park market,” comments Henrik Eskilsson.
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Cary Group acquires 123 Pare-Brise
(Stockholm, a sustainable car care solutions company specializing in vehicle glass repair and replacement): Has acquired a majority stake in the French car glass specialist 123 Pare-Brise for an undisclosed fee. “The French market is similar to the Swedish one, where the insurance share is high, we like that,” comments member Anders Jensen, CEO at…
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Rebaba raises 5.5 MSEK
(Stockholm, building second-life battery energy storage systems for a greener grid): Has raised 5.5 MSEK in a funding round from Rockstart and RadCap with member Nastaran Baleng-Soultani. Early investors include member Bo Kaunitz. “One of our systems can contribute to saving up to 100 tons of greenhouse gases compared to a newly produced one,” comments Paula Runsten.
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Blykalla raises 80 MSEK
(Stockholm, is developing and building small modular lead-cooled reactors to deliver clean energy): Has raised 80 MSEK in a funding round from 92 Ventures and Armada. Early investors include founding members Jacob de Geer and Gunilla von Platen alongside Norrsken Launcher with members Erik Engellau-Nilsson, Fredrik Jung Abbou, and founding member Ash Pournouri. “We see this as Sweden’s next big export success. There are several countries using…
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Epishine raises 69 MSEK
(Linköping, captures indoor light to make electronics self-powered): Has raised 69 MSEK in a funding round from Pareto Securities. John Vigo Carlund, Jula Miljö & Energi, Klimatet Invest and founding member Karl-Johan Persson. Epishine was valued at 300 MSEK in the round.
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Cellugy raise 4.9 MEUR
(Søborg, developing innovative, natural, bio-fabricated cellulose-based solutions to replace fossil-based materials in various industrial applications): Has raised 4.9 MEUR in a funding round from EIFO, ICIGVentures, Joyance Partners, PSV DeepTech, The Footprint Firm, and Unconventional Ventures with members Nora Bavey and Thea Messel. “Reliance on fossil-based petrochemical ingredients is today’s most critical sustainability issue in producing personal care products. With our technology, we genuinely see…
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Blykalla raises 80 MSEK
(Stockholm, is developing and building small modular lead-cooled reactors to deliver clean energy): Has raised 80 MSEK in a funding round led by Norrsken Launcher with members Erik Engellau-Nilsson, Fredrik Jung Abbou and founding member Ash Pournouri. Nucleation Capital, Earth Venture Capital and Farvatn participated as well. Early investors include founding members Gunilla von Platen and Jacob de Geer. “Three years ago, it was said that it was impossible…
