Area of interest: Industry
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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…
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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…
