Uppsala-based startup AirForestry has raised €10.3 million in seed funding to advance its drone-based tree harvesting technology. The round was led by Northzone, with participation from Kiko VC, SEB Greentech VC, and Cloudbreak VC. AirForestry’s innovative approach aims to transform how forests are managed, promoting sustainability, biodiversity, and carbon sequestration.
Schiedam-based Battolyser Systems, a developer of the world’s first electrolyser with integrated battery functionality, has raised €30 million in a Series A funding round.
Stockholm-based startup Wingbits has secured $3.5 million in an oversubscribed seed funding round to expand its blockchain-based flight tracking platform. The round was led by US VC firms Borderless Capital and Tribe Capital, with support from Antler, an early backer of the startup. Wingbits aims to reward flight tracking enthusiasts
Baseload Capital, a Stockholm-based firm specializing in geothermal energy development, has raised €53 million in a Series B funding round. The round was led by ENGF, an infrastructure fund backed by Ingka Investments, the investment arm of IKEA's largest retailer. Other investors include Baker Hughes, Breakthrough Energy Ventures, and Gullspång
Mölndal-based Amferia, a Swedish medtech company specializing in antimicrobial healthcare solutions, has successfully raised €1.2 million in an oversubscribed investment round. The round saw participation from existing investors, new backers, and Chalmers Ventures.
Gothenburg-based Kognic, a company specializing in data annotation for AI, has raised €8.8 million (SEK 100M) in a funding round led by existing investors, including Metaplanet, Neudi Kapital, and Stena Sessan. This funding will further Kognic's mission to advance embodied AI—technology that enables machines like autonomous vehicles and robots to
Stockholm-based GreenIron, a startup focused on the cost-efficient CO2-free reduction of metal oxides to pure metals, has recently raised an additional SEK 100M (approximately €8.6M) from existing shareholders. This new capital injection follows the granting of an environmental permit for GreenIron’s first full-scale production unit in Sandviken, Sweden.
Stockholm-based Phyron, an AI-powered content creation platform for car dealers, has raised €10 million in a Series B funding round. The investment was led by Round2 Capital, with additional revenue-based financing and equity investment, alongside participation from existing investors and automotive retail giant Peter Vardy.
othenburg-based mental health platform Meela has successfully raised €2.6 million in a seed funding round led by Dutch venture capital firm Peak. Existing investors The Inner Foundation, Unconventional Ventures, and Calm/Storm also participated in the round.
