Area of interest: Life science
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Cetasol raises 2 MEUR
(Gothenburg, AI-powered energy optimization solutions for marine sustainability): Has raised 2 MEUR in a funding round from Sarsia, ShipsFocus and Impact X Capital. Early investors in Cetasol include member Daniel Rundgren. Cetasol’s platform is an AI-driven decision support system to reduce emissions through energy optimization. It’s compatible with any vessel, offering actionable insights and real-time support.
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Photoncycle raises 5 MEUR
(Oslo, is developing a space-effective and autonomous energy system powered by the sun): Has raised 5 MEUR in a funding round from Lifeline Ventures, Momentum Partners, Eviny Ventures and Luminar Ventures with members Magnus Bergman and Louise Hagen. “The team’s groundbreaking work in energy storage has the potential to revolutionize how we approach renewable energy, making European households energy self-sufficient,” comments Jacob Key, Founding Partner…
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DREV raises 8 MSEK
(Gothenburg, specializes in manufacturing contamination control solutions for battery factories and its value chains): Has raised 8 MSEK in a funding round from Unconventional Ventures with members Nora Bavey and Thea Messel. “DREV’s innovative approach to battery manufacturing safety and material recovery will not only redefine industry standards but also make a significant impact on environmental sustainability,” comments Nora Bavey.
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Agteria Biotech raises 16 MSEK
(Stockholm, a novel patent-pending molecule with a 70% efficiency in reducing methane from burping and farting cows): Has raised 16 MSEK in a funding round from Norrsken Launcher with members Erik Engellau-Nilsson, Fredrik Jung Abbou and founding member Ash Pournouri alongside Mudcake with member Anna Nordell Westling and founding member Erik Byrenius. “In my seven years at Norrsken, I have not seen a single case that…
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CemVision raises 110 MSEK
(Stockholm, re-inventing cement by making it environmentally friendly and technically superior): Has raised 110 MSEK in a funding round from Zacua Ventures, Polar Structure with member Tobias Emanuelsson and BackingMinds with founding member Susanne Najafi. “After meeting investors from around the world, we concluded that some of the best is just around the corner, and we are pleased that Polar Structure and BackingMinds are deepening their commitment…
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Asgard Therapeutics raises 30 MEUR
(Lund, direct cell reprogramming technologies to develop ground-breaking cancer immunotherapies): Has raised 30 MEUR in a funding round from Novo Nordisk, JJDC, RV Invest and Industrifonden with member Peter Wolpert. “Asgard’s technology overcomes challenges faced by traditional cell therapies, enabling the recreation of desired functional immune cells directly inside the patient’s body, comments Cristiana Pires, CEO of Asgard Therapeutics.
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NitroVolt raises 8.5 MSEK
(Søborg, is developing a small-scale ammonia synthesis unit, to give farmers control over fertilizer production): Has raised 8.5 MSEK in a funding round led by BackingMinds with founding member Susanne Najafi. “We seek companies like NitroVolt that directly address global problems and want to achieve our vision of successfully reducing carbon dioxide emissions globally,” comments Susanne Najafi.
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Airpelago raises 20 MSEK
(Gothenburg, inspection of electrical grids with the help of electric drones): Has raised 20 MSEK in a funding round from existing investors, including founding member Marcus Boström and VEQ with members Viktor Gällström and Maria Bergsten. Last year, Airpelago inspected about 10 percent of Sweden’s total electrical grid, or approximately 15,000 kilometers of power lines. This year, they expect to more than…
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Stilride raises 11 MSEK
(Stockholm, manufactures electric scooters with the unique process of industrial origami): Has raised 11 MSEK in a funding round from undisclosed investors. Early investors in Stilride include member Tobias Emanuelsson. Stilride was valued at 440 MSEK in the round.
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Heart Aerospace raises 1 billion SEK
(Gothenburg, is developing an affordable and sustainable mode of aerial transport for regional travel): Has raised 1 billion SEK in a funding round from Sagittt Ventures, Air Canada, Bill Gates Breakthrough Energy, Y Combinator, United Airlines and EQT Ventures with member Carl Svantesson. “This investment takes us further in our ambition to reduce carbon emissions and democratize air travel,” comments Anders Forslund.