Company size: Seed
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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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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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Lesslie raises 18 MSEK
(Stockholm, a fintech company for painless payments for cross-border businesses): Has raised 18 MSEK in a funding round led by Wellstreet with members Evelina Anttila, Helen von Bahr, Armando Coppola and Henric Enhörning. Quinary with members Johan Qviberg and Erik Axelsson alongside David Craelius and Erik Seifert also participated. Early investors include members Willem De Geer and Noel Abdayem.
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HMVX raises 30 MSEK
(Stockholm, an initiative for circularity in the textile industry): Has raised 30 MSEK in a funding round from majority owners Vargas and H&M with founding member Karl-Johan Persson. Susanna Campbell, Emma Stjernlöf, and member Mia Hemmingson also participated. The details on the initiative are still scarce, however the former Polestar executive Dennis Nobelius has been…
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Gofrendly raises 5.6 MSEK
(Stockholm, an AI-driven app and community that helps women find like-minded friends): Has raised 5.6 MSEK in a funding round from a group of undisclosed investors. Early investors include founding member Louise Samet and members Erik Bladh and Gerda Mazi Larsson through Curitas Ventures.
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Bookea raises 5 MSEK
(Stockholm, operates within the publishing industry and offers e-books, paperback books, and audiobooks): Has raised 5 MSEK in a funding round from NEA with members Jacob Brögger, Daniel Pilotti, Johan Skarborg and Rustan Panday. Bookea is currently active and operates in Sweden, Norway, Finland, the Baltics and Poland.
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Understatement raises 20 MSEK
(Stockholm, women’s underwear designed with comfort at the core and made to complement every body): Has raised 20 MSEK in a funding round from Yanno Capital with members Anna and Nicklas Storåkers alongside Mellby Gård, and Purefun. “Our investment in Understatement is based on a firm belief in the company’s strong potential and its unique position in the market. The company’s values, with a clear…
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Roro raises 17 MSEK
(Stockholm, a new interactive studio focused on creative play): Has raised 17 MSEK in a funding round from Node.vc with members John Elvesjö, Daniela Sjunnesson, Rebecca Sjödin, Mårten Skogö, Henrik Tellving and Andy Johnston. FOV Ventures and undisclosed angels from the gaming industry also participated. “Their commitment to empowering expression and creative freedom aligns perfectly with a growing trend in a younger generation. We are delighted…
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Office Recycling raises 18 MSEK
(Stockholm, a recycling specialist): Has raised 18 MSEK in a funding round from AGV with member Omid Noghabai. “A very exciting company with a strong entrepreneurial drive. Now they are entering a new phase and modernizing waste management in the real estate industry with new technology, which aligns well with AGV’s values,” comments Felix Sandquist.
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Qvalia raises 42 MSEK
(Stockholm, a SaaS platform automating B2B transactions): Has raised 42 MSEK in a funding round from Stella Capital with members Alf Thiel Metelius and Anders Brenner alongside Spiltan Invest. “The market for business messaging has momentum especially because of the emerging Peppol network, and Qvalia is perfectly positioned to be a global leader with their technology, competence and founder-driven culture,” comments Alf Thiel Metelius.
