Area of interest: Other
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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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Syre raises 1.1 billion SEK
(Stockholm, a textile impact company decarbonizing the industry through textile-to-textile recycling): Has raised 1.1 billion SEK in a funding round from Giant Ventures, Norrsken, Imas, Volvo Cars and H&M with founding member Karl-Johan Persson. The plan is to use the funds to build a pilot factory in the US.
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Carla raises 8 MSEK
(Stockholm, a marketplace for electric cars and plug-in hybrids): Has raised 8 MSEK in a funding round from Verdane with member Henrik Aspén. Early investors include founding member Karl-Johan Persson and Inbox Capital, with founding member Martin Wattin. Last year, Carla had a turnover of 665 MSEK. We think it’s positive that electric cars are becoming available to more people. “We also see that…
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Sellpy raises 75 MSEK
(Stockholm, an online second-hand platform): Has raised 75 MSEK in a funding round led by majority owner H&M with founding member Karl-Johan Persson. Michael Arnör, Philip Gunnstam, Oskar Nielsen, and Gustav Wessman also participated. Sellpy was valued at 2.68 billion SEK in the round.
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Digital Venue raises 3.5 MSEK
(Stockholm, a digital platform that helps museums and other tourist attractions become more accessible to the next generation of visitors): Has raised 3.5 MSEK in a funding round from Sebastian Johannisson Mählqvist, Khashayar Farmanbar, Marinvest, Grafo AS, and Almi Invest Mitt. Early investors in Digital Venue include member Daniel Lindberg.
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Done raises 4.5 MSEK
(Stockholm, an end-to-end service and marketplace for home services): Has raised 4.5 MSEK in a funding round from Almi and BLING Capital with members Deqa Abukar and Adnan Yousuf. Early investors include member Nastaran Baleng Soultani. Having more than doubled its turnover from 8.6 to 18.5 million SEK between 2022 and 2023, Done now aims to expand internationally.
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Artportable raises 1.8 MSEK
(Stockholm, Scandinavia’s largest online art gallery): Has raised 1.8 MSEK in a funding round from existing investors. Early investors include founding members John Elvesjö and Rustan Panday alongside members Andy Johnson, Samira Zarringhalam, Kerstin Cooley and Daniel Soussan. Artportable was valued at 67 MSEK in the round.
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Infinited Fiber Company raises 450 MSEK
(Espoo, a premium textile fiber from recycled fabric): Has raised 450 MSEK in a funding round from Inditex Group, TTY Management and H&M with founding member Karl-Johan Persson. “Investing in new innovative materials is an incredibly important part of our sustainability work for a circular future,” comments H&M.
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Syre raises 500 MSEK
(Stockholm, a textile impact company decarbonizing the industry through textile-to-textile recycling): Has raised 500 MSEK in a funding round from TPG Rise Climate. Early investors include H&M with founding member Karl-Johan Persson. The plan is to build twelve large-scale recycling plants around the world over eight years, that together can produce 3 million tons of recycled textile. “We will…
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eComID raises 27 MSEK
(Stockholm, empowers global online retailers to collaboratively reduce product returns): Has raised 27 MSEK in a funding round from CapitalT, Anaheta Bernenberg-Consbruch, Madeleine Persson and H&M Group Ventures with founding member Karl-Johan Persson. “At CapitalT, we believe that fantastic people create fantastic companies, and the founding team of eComID impressed us from the first meeting with their shared passion, energy, and early positive results,” comments Janneke…