08.07.2024

Deal |

2024

SmartCella raises EUR 50 million to accelerate growth and commercialization

Founded: 2014

Investment Raised: EUR 50M €

EUR 500M

Valuation

Investors: SEB (Skandinaviska Enskilda Banken), RoosGruppen, Handelsbanken Fonder, Fjarde AP-fonden, AstraZeneca, AMF

29.11.2023

Deal |

2023

Lassie pulls in €23M funding to provide next-gen pet insurance products for pet parents

Founded: 2020

Investment Raised: EUR 23M €

EUR 23M

Valuation

Investors: Balderton Capital (https://www.balderton.com/) Felix Capital (https://www.felixcap.com/) Inventure (https://www.inventure.capital/) Passion Capital (https://www.passioncapital.com/) Philian Invest

16.11.2023

Deal |

2023

CDPQ investing $200 million in Swedish battery company Northvolt

Founded: 2016

Investment Raised: USD 200M €

Valuation Remains Undisclosed

Investors: Caisse de Depot et Placement du Quebec (https://www.cdpq.com/fr)

13.11.2023

Deal of the Week |

Calendar Week # 46 |

2023

CDPQ investing $200 million in Swedish battery company Northvolt

Founded: 2016

Investment Raised: USD 200M €

Valuation Remains Undisclosed

Investors: Caisse de Depot et Placement du Quebec (https://www.cdpq.com/fr)

19.10.2023

Deal |

2023

Mediatool Raises €7M in Funding

Founded: 2007

Investment Raised: EUR 7M €

Valuation Remains Undisclosed

Investors: eEquity (https://www.eequity.se/contact/) Fairpoint Capital (https://fairpoint.se/)

07.09.2023

Deal |

2023

H2 Green Steel raises €1.5 billion in equity to build the world’s first green steel plant

Founded: 2020

Investment Raised: EUR 1.5B €

Valuation Remains Undisclosed

Investors: Altor (https://altor.com) AMF Andra AP-fonden (https://www.ap2.se/en/) Cristina Stenbeck FAM AB (https://www.fam.se) GIC (https://www.gic.com.sg) Hitachi Energy (https://www.hitachienergy.com) Hy24 (https://hy24partners.com) IMAS Foundation (https://imasfoundation.org) Just Climate (https://www.justclimate.org) Kinnevik (https://www.kinnevik.com) Schaeffler Group (https://www.schaeffler.com) Temasek Holdings (https://www.temasek.com.sg) Vargas Holdings (https://vargasholdings.com)

04.09.2023

Deal |

2023

ESS firm Polarium raises US$50 million, sees ‘three must-win battles’

Founded: 2019

Investment Raised: USD 50M €

Valuation Remains Undisclosed

Investors: Alecta (https://www.alecta.se/) AMF (https://www.austria-motorsport.at/) Vargas Holdings (https://www.vargasholding.com/)

04.09.2023

Deal of the Week |

Calendar Week # 36 |

2023

H2 Green Steel raises €1.5 billion in equity to build the world’s first green steel plant

Founded: 2020

Investment Raised: EUR 1.5B €

Valuation Remains Undisclosed

Investors: Altor (https://altor.com/) AMF (https://www.amf.se/en/) Andra AP-fonden (https://www.ap2.se/en/) Cristina Stenbeck FAM AB (https://www.fam.se/) GIC (https://www.gic.com.sg/) Hitachi Energy (https://www.hitachienergy.com/) Hy24 (https://hy24partners.com/) IMAS Foundation (https://imasfoundation.org/) Just Climate (https://www.justclimate.org/) Kinnevik (https://www.kinnevik.com/) Schaeffler Group (https://www.schaeffler.com/) Temasek Holdings (https://www.temasek.com.sg/) Vargas Holdings (https://vargasholdings.com/)

02.11.2021

Deal |

2021

USD 6M for Swedish SaaS platform All Ears

Founded: 2016

Investment Raised: USD 6M €

Valuation Remains Undisclosed

Investors: Bonnier Ventures (https://bonnierventures.com/) Alfvén & Didrikson

14.10.2021

Deal |

2021

Juni extends series A raise to USD 73M, brings in USD 52M in just three months via EQT

Founded: 2020

Investment Raised: USD 52M €

Valuation Remains Undisclosed

Investors: FJ Labs (https://fjlabs.com/) EQT Ventures (https://eqtventures.com/)

14.10.2021

Deal |

2021

Saas startup TrusTrace raises EUR 5.1M in Series A funds to make sustainable, transparent supply chains

Founded: 2016

Investment Raised: EUR 5.1M €

Valuation Remains Undisclosed

Investors: Industrifonden (https://industrifonden.com/) Fashion For Good (https://fashionforgood.com/) Fairpoint Capital (https://fairpoint.se/) BackingMinds (https://www.backingminds.com/)

12.10.2021

Deal |

2021

Funnel funnels USD 66M in the door in final private funding round before IPO

Founded: 2014

Investment Raised: USD 66M €

Valuation Remains Undisclosed

Investors: Stena Sessan (https://stenasessan.se/) Oxx (https://www.oxx.vc/) Industrifonden (https://industrifonden.com/) F-Prime Capital (https://fprimecapital.com/) Fourth Swedish National Pension Fund (https://www.ap4.se/en/) Eigth Roads Ventures (https://eightroads.com/en/) Balderton Capital (https://www.balderton.com/)

29.09.2021

Deal |

2021

Hedvig banks USD 45M to expand its millenial-ficused insurance service in Europe

Founded: 2017

Investment Raised: USD 45M €

Valuation Remains Undisclosed

Investors: Obvious Ventures (https://obvious.com/) Novax (https://novax.se/) Nineyards Equity (https://www.nineyardsequity.com/) CommerzVentures (https://commerzventures.com/) Cherry Ventures (https://www.cherry.vc/) Anthemis group (https://www.anthemis.com/)

27.09.2021

Deal |

2021

E-motorcycle maker Cake closes USD 60M round to scale production and retail sales

Founded: 2016

Investment Raised: USD 60M €

Valuation Remains Undisclosed

Investors: Headline (https://headline.com/) Creandum (https://www.creandum.com/) AMF (https://www.amf.de/de/)