Location: Sweden
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Froda secures 560 MSEK
(Stockholm, seamless business funding to market-leading terms): Has secured 560 MSEK in grants from the EIF. Early investors in Froda include member Nicklas Storåkers and founding member Karl-Johan Persson. Froda, whose revenue increased by about 105 percent to just over 400 million kronor in 2023, was valued at 1.7 billion SEK in the round.
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Saveggy raises 20 MSEK
(Lund, a plant-based and edible protection that keeps fruits and veggies fresh longer): Has raised 20 MSEK in a funding round from LRF Ventures, Almi Invest Greentech, and Unconventional Ventures with members Nora Bavey and Thea Messel. “Our investment in Saveggy was driven by the founders’ impressive credentials and significant expertise,” comments Thea Messel, General Partner at Unconventional Ventures.
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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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Hercare raises 2.8 MSEK
(Stockholm, a platform for women’s health and care): Has raised 2.8 MSEK in a funding round from Captea Markets, Cedarstorm, Anteris, Anna Dyhre, Lotta Losmee and member Maria Rankka. Hercare was valued at 12.8 MSEK in the round.
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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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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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Terra Labs raises 45 MSEK
(Stockholm, develops technical solutions based on satellite data and AI for monitoring and analysis of land, as well as related activities): Has raised 45 MSEK in a funding round from Norrsken. Early investors include founding member Jacob de Geer. Terra Labs was valued at 245 MSEK in the round.
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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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Dema.ai raises 70 MSEK
(Stockholm, a platform delivering actionable insights for eComm businesses to achieve profitable growth): Has raised 70 MSEK in a funding round from Daphni, J12 and early investors including members Erik Segerborg, Kim Fai Kok and founding member Ash Pournouri. “The e-commerce industry is undergoing fundamental changes, and we want to continue to be at the forefront with the latest technology and lead…








