Almi Invest

Founded in Sweden in 2009, Almi Invest is an active early-stage venture capital firm focusing on scalable startups across Sustainability, Industry, Tech, and Life Science sectors. With €430 million under management and over 1,000 investments since inception, the company supports startups from pre-seed to Series A stages, co-investing with private investors. Almi Invest offers engaged ownership, strategic guidance, active board participation, and access to an extensive investor network.

Marie Andersson

Investment Manager, Northern Mid Sweden Fund

Fredrik Andersson

Investment Manager

Christian Björkman

Investment Manager, West Sweden Fund

Jörgen Bodin

Fund Manager

Jens Bäckbom

Investor

Past deals in CleanTech

Big Akwa

Venture Round in 2023
Big Akwa is a Swedish food-tech company that specializes in land-based aquaculture and industrial symbiosis. It revolutionizes fish farming by utilizing waste heat from nearby industries to warm up fish farm water, accelerating growth and reducing energy usage. The company also converts dirty water from fish farms into resources for industry use, improving environmental footprint and decreasing production costs.

Klimato

Seed Round in 2023
Klimato develops a carbon footprint calculation application for restaurants. Its platform plans climate-friendly meals, labels dishes, tracks progress, identifies improvement areas, and facilitates investment in climate-positive projects to help businesses reduce their environmental impact.

AlixLabs

Seed Round in 2023
AlixLabs develops nanostructure fabrication solutions based on atomic layer etching (ALE), a damage-free etch process that enables very small feature sizes. Its ALE-based method produces nanostructures with dimensions below 20 nanometers, surpassing the resolution of conventional optical and electron-beam lithography and supporting nanoelectronic device fabrication and advanced transistor channel scaling for sub-20 nanometer technology nodes. The company's technology is designed to integrate into existing semiconductor production workflows, aiming to reduce the number of processing steps while increasing throughput. In addition, it seeks to optimize power and water consumption and emissions in manufacturing, helping semiconductor makers improve efficiency and environmental performance as they advance production.

Measure & Change

Venture Round in 2022
Measure & Change offers an automated climate calculation service that collects data from clients' business systems, analyzes it in real-time, and calculates the organization's carbon footprint. The company's tool specializes in extracting data directly from business systems to calculate emissions automatically, providing weekly updates on emissions to enable clients to reduce their carbon footprint.

Big Akwa

Seed Round in 2022
Big Akwa is a Swedish food-tech company that specializes in land-based aquaculture and industrial symbiosis. It revolutionizes fish farming by utilizing waste heat from nearby industries to warm up fish farm water, accelerating growth and reducing energy usage. The company also converts dirty water from fish farms into resources for industry use, improving environmental footprint and decreasing production costs.

Cellfion

Seed Round in 2022
Cellfion is a company focused on providing sustainable materials for advanced clean energy storage and conversion technologies. It specializes in the development of forest-based ion-exchange membranes and nanoparticle dispersions, aiming to transform the green energy sector. By manufacturing and commercializing nitrocellulose membranes, Cellfion offers a reliable and adaptable alternative to traditional fossil-based membranes. This innovation not only enhances the efficiency of electrochemical energy storage and conversion devices but also significantly reduces costs, thereby supporting the transition to sustainable energy solutions.

Vividye

Seed Round in 2022
Vividye AB is a Swedish company based in Gothenburg, established in 2020, that specializes in providing sustainable solutions for the textile industry. The company focuses on reuse and recycling services for garments, utilizing innovative reversible textile coloring and dyeing technology. This advanced technology enables Vividye to efficiently color, de-color, and re-color fabrics while preserving their mechanical properties. By allowing companies to collect, separate, and reuse water, chemicals, and pigments during the dyeing process, Vividye significantly reduces reliance on non-renewable resources. The company's commitment to sustainability and circular business models is recognized in Mission Innovation's Net-Zero Compatible Initiative, highlighting its potential to contribute to emission reductions in the textile sector.

Whitebox

Venture Round in 2022
Whitebox offers disinfection solutions based on UV-C light and UV-C technology that eliminates viruses.

Jord Innovation

Venture Round in 2022
Jord Innovation develops bio‑based, degradable materials for consumer products, focusing on stearin derived from tall oil. The company applies environmentally conscious manufacturing practices to reduce reliance on fossil and unsustainable raw materials. Its products are designed for the candle industry and related sectors, enabling manufacturers to adopt sustainable alternatives and lower environmental impact throughout product lifecycles.

Tebrito

Seed Round in 2021
Tebrito is a supplier of sustainable food ingredients. It specializes in producing mealworms, refined products, and frass derived from insects, aiming to provide a sustainable source of protein.

Qtagg

Venture Round in 2021
Qtagg is a company that specializes in the design, manufacture, and commissioning of measurement, control, and actuation technologies for large vessels. It focuses on developing marine automation and hydro-mechanical systems aimed at creating a smarter and more environmentally friendly global shipping fleet. Qtagg provides a tool that integrates with existing ship control systems, employing a combination of hardware and software to optimize fuel consumption. This innovation assists shipowners in minimizing greenhouse gas emissions, contributing to a more sustainable maritime industry.

AlixLabs

Seed Round in 2021
AlixLabs develops nanostructure fabrication solutions based on atomic layer etching (ALE), a damage-free etch process that enables very small feature sizes. Its ALE-based method produces nanostructures with dimensions below 20 nanometers, surpassing the resolution of conventional optical and electron-beam lithography and supporting nanoelectronic device fabrication and advanced transistor channel scaling for sub-20 nanometer technology nodes. The company's technology is designed to integrate into existing semiconductor production workflows, aiming to reduce the number of processing steps while increasing throughput. In addition, it seeks to optimize power and water consumption and emissions in manufacturing, helping semiconductor makers improve efficiency and environmental performance as they advance production.

Brighteco

Seed Round in 2021
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.

E-Go

Venture Round in 2021
E-Go specializes in providing affordable and eco-friendly transportation solutions at tourist resorts through the rental of electric cars. The company has developed a digital platform that allows users to easily book, access, pay for, and secure electric vehicles via a mobile application. This approach not only enhances the convenience of mobility for tourists but also promotes sustainable travel options, aligning with the growing demand for environmentally responsible practices in the tourism industry.

Elonroad

Venture Round in 2021
Elonroad operates conductive charging infrastructure for electric vehicles. Its innovative system integrates charging directly into roadways, allowing all types of EVs to charge while driving or parked. This extends vehicle range and reduces battery size requirements, promoting sustainable mobility.

Bintel

Venture Round in 2021
Bintel AB is a Swedish company founded in 2018 and based in Helsingborg that specializes in developing and marketing innovative sensors for waste management. Its primary product is a digital waste-management platform that includes sensors mounted on household waste bins. These sensors notify waste collectors when bins are full and communicate with route planning tools to optimize collection routes. This technology is designed to assist recycling companies, real estate firms, and municipalities in reducing waste collection costs and improving overall efficiency in waste management.

Stockholm Water Technology

Series A in 2021
Stockholm Water Technology specializes in the development and design of innovative solutions for clean and sustainable water management. The company focuses on capacitive deionization-based water desalination technology, which employs nanotechnology-enabled materials and smart engineering. This patented approach offers a membrane-free alternative for water purification that is both cost-effective and energy-efficient. By integrating advanced hardware and software, Stockholm Water Technology enhances system intelligence while ensuring exceptionally high water recovery rates and minimal energy consumption. The company aims to provide clients with sustainable technologies for effective water cleansing and desalination.

Klimato

Seed Round in 2021
Klimato develops a carbon footprint calculation application for restaurants. Its platform plans climate-friendly meals, labels dishes, tracks progress, identifies improvement areas, and facilitates investment in climate-positive projects to help businesses reduce their environmental impact.

MIMSI Materials

Venture Round in 2021
MIMSI Materials develops energy-saving, low-emissivity glass that uses a transparent precision silver alloy coating to boost energy efficiency while increasing visible light transmission relative to traditional silver-based coatings. The technology supports photovoltaics and low-e coating applications, balancing natural light in spaces and improving the optical and electrical performance of transparent coatings used in energy-efficient windows.

Spowdi

Venture Round in 2020
Spowdi designs and manufactures solar-powered water pumping systems for agricultural irrigation. The technology uses a solar panel-driven pump to deliver energy-efficient water distribution at low cost, enabling broad market adoption. By replacing diesel-powered pumps, it reduces carbon emissions and fossil-fuel use, supporting more sustainable farming and helping small-scale farmers boost profitability and resilience through affordable, reliable irrigation.

Tebrito

Seed Round in 2020
Tebrito is a supplier of sustainable food ingredients. It specializes in producing mealworms, refined products, and frass derived from insects, aiming to provide a sustainable source of protein.

CorPower Ocean

Venture Round in 2020
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

Brighteco

Seed Round in 2020
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.

Bower

Seed Round in 2020
Bower is a packaging deposit platform that incentivizes recycling by attaching a monetary value or rewards to packaging through a mobile app. The company enables consumer brands to assign deposits to a wide range of packaging, from plastic bags to take-away containers, which can be redeemed when recycled at established stations. By using a position-based scanning technology, users receive the deposit value on their mobile phones at the point of recycling, eliminating the need for expensive reverse vending machines and allowing recycling at existing stations or other connected locations. The solution strengthens brands' responsibility for packaging and fosters a direct relationship with end consumers, aiming to increase recycling rates by turning recycling into a familiar, rewarding behavior.

Reliefed Technologies

Venture Round in 2020
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various manufacturing sectors, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method called z.trusion®, which allows for the integration of 3D mass production into existing 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, where it can achieve up to 97% less energy usage and ten times higher production speeds. Reliefed Technologies focuses on advanced applications such as bipolar flow plates for fuel cells and electrolyzers, electrodes for lithium-ion batteries, and other energy-efficient solutions. The company is actively involved in industrialization projects with major multinational OEMs and Tier 1 suppliers, holding 44 patents across multiple countries. Through its technology, Reliefed aims to improve product performance and facilitate recycling, while also contributing to substantial savings in material and production costs.

Swedish Algae Factory

Venture Round in 2020
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Epishine

Venture Round in 2020
Epishine AB, founded in 2016 and based in Linköping, Sweden, specializes in the development and manufacture of solar cells designed to harness indoor light for powering low-energy devices. The company's products include a portable energy device with an exchangeable solar sheet and a charging unit equipped with USB ports, capable of powering lights and charging mobile phones. Epishine's technology utilizes organic materials and is optimized for functionality in low-light environments, providing an eco-friendly alternative to disposable batteries.

Nortical

Venture Round in 2020
Nortical develops cloud-based software for lithium-ion battery data analytics and verification. The platform collects, verifies and analyzes battery data to provide real-time insights that help optimize individual battery usage and performance, including cell-level traceability. The software leverages machine learning and blockchain technologies to enable deeper battery knowledge and transparent verification, aiming to improve efficiency and reduce environmental impact. The company is based in Gothenburg, Sweden, and was founded in 2019 (formerly known as EVLedger AB).

Tebrito

Seed Round in 2019
Tebrito is a supplier of sustainable food ingredients. It specializes in producing mealworms, refined products, and frass derived from insects, aiming to provide a sustainable source of protein.

Rumblestrip

Venture Round in 2019
Rumblestrip AB is a Swedish company founded in 2016 and based in Gothenburg, specializing in innovative products and services aimed at reducing fuel consumption and CO2 emissions in the heavy truck industry across Europe. The company's flagship offering, Ecosense Trailer Assist, features a self-adjustable roof deflector that optimizes its settings automatically based on real-time data, including weather conditions, wind, and trailer size. This technology employs big data analysis to enhance aerodynamic efficiency, allowing trucks to minimize fuel costs without requiring manual adjustments for different trailers. Through its advancements, Rumblestrip aims to challenge traditional value creation in the heavy truck sector, prioritizing sustainability and operational efficiency.

Biofiber Tech

Venture Round in 2019
Biofiber Tech Sweden AB, established in 2016 and headquartered in Stockholm, specializes in manufacturing cellulose wood fibers. The company's core business involves developing and producing wood fiber-based plastics, designed to replace fossil-based plastics. Their innovative technology modifies wood fibers to create bio-granulate, which can then be used to produce various consumer products and packaging materials. Biofiber Tech's mission is to accelerate the transition to renewable resources, offering clients an environmentally friendly alternative to traditional fossil-based plastics.

Peafowl Plasmonics

Seed Round in 2019
Peafowl Plasmonics is a company focused on innovative solar cell technology that emphasizes efficiency, affordability, and sustainability. The firm has developed highly transparent plasmonic solar cells capable of absorbing light in various conditions, including harsh outdoor environments and low-illumination indoor settings. This versatility allows for the seamless integration of sensors directly into window glass, eliminating the need for wires or batteries. By enabling commercial partners and customers to reduce energy consumption and lower carbon emissions, Peafowl Plasmonics contributes to efforts aimed at minimizing corporate carbon footprints.

Bintel

Venture Round in 2019
Bintel AB is a Swedish company founded in 2018 and based in Helsingborg that specializes in developing and marketing innovative sensors for waste management. Its primary product is a digital waste-management platform that includes sensors mounted on household waste bins. These sensors notify waste collectors when bins are full and communicate with route planning tools to optimize collection routes. This technology is designed to assist recycling companies, real estate firms, and municipalities in reducing waste collection costs and improving overall efficiency in waste management.

EasyServ

Venture Round in 2019
EasyServ is an environmental technology company focused on balancing local and regional power grids by optimizing heat pump operation. Its system remotely monitors and controls connected heat pumps around the clock, using machine learning and artificial intelligence to analyze tens of thousands of devices, create flexibility, and stabilize the electricity grid. By reducing peak demand and overall energy use, it lowers electricity costs for households and businesses while enabling environmentally conscious energy choices. The solution is easy to install and provides continuous remote service, with support personnel positioned by constant connectivity to respond promptly.

2D Fab

Venture Round in 2019
2D Fab is a manufacturer specializing in green graphene and two-dimensional materials, utilizing an AI-based production process. The company produces graphene flakes and nano graphite in dry powder form, which are designed to be cost-efficient, lightweight, and energy-efficient. These products cater to a variety of industries, including transport, medicine, electronics, energy, defense, and desalination. By enhancing mechanical strength and improving thermal and electrical conductivity, 2D Fab's materials support advancements across multiple sectors.

ClimateView

Pre Seed Round in 2019
Founded in Stockholm, Sweden in 2017, ClimateView develops a SaaS platform empowering public sector entities to make data-driven climate transition decisions. Its software collects and organizes climate data, enabling systematic modeling of political, economic, and energy shifts across cities, regions, and nations.

Enjay Systems

Venture Round in 2019
Enjay Systems is a manufacturing company that develops heat-exchange equipment that recovers energy from hostile environments.

Altered

Venture Round in 2018
Altered develops water- and energy-saving retrofit nozzle technology for taps and showers. The company offers a platform with a range of nozzles and a retrofit dual-flow atomiser designed to preserve performance while reducing consumption. Its solutions install into existing sockets with adapters, enabling rapid, low-cost upgrades to most current taps without costly renovations. By targeting multiple customer segments, Altered aims to scale its retrofits globally to address rising water stress and energy use, delivering efficiency gains in showers and handwashing while preserving user experience.

Bintel

Seed Round in 2018
Bintel AB is a Swedish company founded in 2018 and based in Helsingborg that specializes in developing and marketing innovative sensors for waste management. Its primary product is a digital waste-management platform that includes sensors mounted on household waste bins. These sensors notify waste collectors when bins are full and communicate with route planning tools to optimize collection routes. This technology is designed to assist recycling companies, real estate firms, and municipalities in reducing waste collection costs and improving overall efficiency in waste management.

Epishine

Venture Round in 2018
Epishine AB, founded in 2016 and based in Linköping, Sweden, specializes in the development and manufacture of solar cells designed to harness indoor light for powering low-energy devices. The company's products include a portable energy device with an exchangeable solar sheet and a charging unit equipped with USB ports, capable of powering lights and charging mobile phones. Epishine's technology utilizes organic materials and is optimized for functionality in low-light environments, providing an eco-friendly alternative to disposable batteries.

Aqua Robur Technologies

Seed Round in 2018
Founded in 2015, Aqua Robur Technologies specializes in developing innovative solutions for water infrastructure management. The company's core product is the Aqua Power Shark system, an energy-harvesting technology that converts a small portion of water flow into usable electricity to power measurement devices. This enables real-time detection and monitoring of leaks and water quality issues within public pipelines.

Exeri AB

Venture Round in 2018
Exeri AB develops Smart Grid Surveillance, a digitization-based system that transforms electric grids into smart grids by fully digitizing networks. The technology monitors the electricity network in real time, providing network owners with up-to-date status, enabling early problem detection and enhanced security. It employs IoT technology, AI-based algorithms, and map-based location data to identify exact error positions, predict maintenance needs, and support real-time decision making. The system also improves safety for field workers and supports renewable energy deployment, including services for charging electric vehicles. Exeri AB was founded in 2009 and is headquartered in Luleå, Sweden.

ReVibe Energy

Series A in 2017
ReVibe Energy is a Swedish company founded in 2013 and headquartered in Gothenburg. It specializes in developing intelligent information systems powered by unique vibration energy harvesting technology. This technology converts ambient vibrations from industrial environments into sustainable electricity, providing a reliable and environmentally friendly power source for sensors and monitoring systems. By eliminating the need for cables and batteries, ReVibe Energy enables businesses to efficiently acquire, measure, and analyze vibrations, thereby enhancing operations in traditional power supply scenarios. The company aims to contribute to the industrial Internet of Things, positioning itself as a key player in sustainable power solutions for industrial applications.

Brighteco

Pre Seed Round in 2017
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.

Sally R

Seed Round in 2017
Founded in 2016, Sally R develops innovative climate control technology that combines ventilation systems from Earth with those used at the International Space Station. This integration enables real-time optimization algorithms to reduce energy consumption and enhance air quality in buildings.

Swedish Algae Factory

Seed Round in 2017
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

SpaceTime Communication

Seed Round in 2017
Spacetime is a transportation platform focused on sustainable travel solutions for both large and small organizations. The platform enables users to compare various travel options between destinations, taking into account factors such as public transport availability, costs, carbon dioxide emissions, and calories burned. By promoting responsible travel practices, Spacetime aims to help organizations reduce their environmental impact while continuously enhancing their travel strategies.

D Laboratory

Venture Round in 2017
dLaboratory AB is a Swedish company that offers a unique concept of smart power grids that provide a safe, secure, and cost-effective electricity supply.

Ecofiltration Nordic

Seed Round in 2017
Ecofiltration Nordic is a cleantech company based in Solna, Sweden, specializing in the development and marketing of phosphorus filters utilizing the proprietary Polonite® filter material. This innovative technology captures phosphorus from contaminated and nutrient-rich water, facilitating its recycling without the use of chemicals. The company focuses on creating a natural cycle for water and nutrients, contributing to the mitigation of eutrophication and chemical pollution. By employing reactive filter bed technology, Ecofiltration Nordic aims to purify water while also recovering valuable nutrients, thereby promoting environmental sustainability and enhancing biological diversity. The company collaborates with customers to drive innovation and respond to emerging needs in water treatment and nutrient recovery.

ReVibe Energy

Seed Round in 2016
ReVibe Energy is a Swedish company founded in 2013 and headquartered in Gothenburg. It specializes in developing intelligent information systems powered by unique vibration energy harvesting technology. This technology converts ambient vibrations from industrial environments into sustainable electricity, providing a reliable and environmentally friendly power source for sensors and monitoring systems. By eliminating the need for cables and batteries, ReVibe Energy enables businesses to efficiently acquire, measure, and analyze vibrations, thereby enhancing operations in traditional power supply scenarios. The company aims to contribute to the industrial Internet of Things, positioning itself as a key player in sustainable power solutions for industrial applications.

Byggvaru

Venture Round in 2016
Byggvaru is a non-profit economic association which assesses and then provides information on sustainability-evaluated goods and promotes product development towards a non-toxic and well-built environment. Byggvaru provides a web-based tool consisting of a database of durable products and a project tool. The project tool enables tracking of the embedded products and its constituent chemical substances many years after completion of the project.

Ferroamp Elektronik

Seed Round in 2016
Ferroamp Elektronik AB specializes in developing and manufacturing innovative power electronics aimed at enhancing the efficiency of electrical energy use. The company's primary product is the ACE, a four-quadrant inverter that facilitates quicker electric vehicle charging and helps reduce grid fees. ACE is a component of the modular EnergyHub system, which can be expanded with solar cells and energy storage solutions according to user needs. This smart grid concept optimizes the versatility and economic viability of solar installations, benefiting both homeowners and utility companies. Additionally, Ferroamp offers a range of energy optimization solutions, including solar string optimizers, energy storage optimizers, and adaptive equalization, primarily catering to property companies, energy consultants, and electric power firms.

Sustainalube

Seed Round in 2016
Sustainalube is a Swedish company that develops environmentally friendly lubricants based on patented technology. The products are water-soluble, non-toxic, and fully degradable, designed to replace environmentally harmful cleaners without sacrificing price or performance. The company targets forestry and construction sectors and sells directly and through retailers, with global inquiries welcomed. Founded in 2015 by three professors from Luleå University of Technology, it has developed an oil-free lubricant line and continues to expand with additional applications. The products aim to reduce environmental impact and support sustainable development. The company has earned recognition in entrepreneurial competitions such as Venture Cup Sweden (Environment & Energy) and the Future Prize.

Ostrea Aquaculture

Venture Round in 2016
Ostrea Aquaculture specializes in the industrial-scale farming of microalgae and oysters, utilizing a proprietary technology that emphasizes environmental sustainability. The company has developed an innovative cropping system that eliminates the need for harmful substances and minimizes waste, positioning itself as a leader in eco-friendly aquaculture practices. By focusing on the cultivation of these organisms, Ostrea Aquaculture aims to enhance the oyster farming industry while promoting sustainable methods that benefit both the environment and food production.

SenseNode

Seed Round in 2015
SenseNode is a Swedish company that develops smart energy analytics software and an IoT data collection platform to help enterprises monitor, visualize, and reduce energy usage. Its hardware SenseNode devices provide real-time energy data, while the SenseNode Energy Management System delivers power visualizations, alerts when limits are exceeded, and historical logs to compare production methods. The platform supports filtering data by facility, business unit, machine, and product, and exposes snapshots, trends, and key metrics to support energy savings and operational optimization. The solution targets industrial and commercial customers, with reported energy savings in deployments of about 10-20%. Clients include Trelleborg, Tata Steel, Spendrups, Epiroc, and Nolato.

SpinChem

Seed Round in 2015
SpinChem AB is a Umeå-based company that develops and sells innovative laboratory equipment designed for chemical processes involved in the production and purification of various substances. Its flagship product, the SpinChem® rotating bed reactor, addresses challenges related to slow reaction kinetics by enhancing mass transfer between solutions and solid phases. The company's offerings include a range of products such as MagRBR for heterogeneous reactions, filter kits, magnetic stirrers, and high-temperature hose connectors. These products are utilized across multiple industries, including pharmaceuticals, cosmetics, food, and environmental applications, providing efficient solutions for process development, reaction screening, and downstream processing. SpinChem is committed to delivering environmentally friendly and cost-effective solutions to its clients.

Waves4Power

Venture Round in 2015
Waves4Power is a renewable energy solutions provider that specializes in harnessing ocean wave energy to produce grid-quality electricity. The company develops and sells turnkey waveparks, which are comprised of numerous WaveEL 3.0 buoys designed to convert the energy of ocean waves into electric power. This innovative technology enables the generation of green energy with zero carbon emissions, offering clients a sustainable alternative energy source. Waves4Power emphasizes survival, serviceability, and profitable energy production in its operations, contributing to the transition towards cleaner energy solutions.

Circhem

Venture Round in 2015
Circhem is an environmental technology company focused on the recycling and purification of industrial chemicals, particularly through solvent recycling processes. By providing solutions that enhance resource efficiency, the company helps industries reduce CO2 emissions while simultaneously improving profitability. Circhem's services encompass technical sales, process development, production and control, as well as operation and maintenance, positioning it as a key player in the sustainable management of industrial chemicals.

Vindmark

Seed Round in 2014
Vindmark Group specializes in the manufacturing and sale of innovative wind turbines designed to enhance the efficiency of wind energy generation. The company develops proprietary technology that allows for the creation of high-cost-effective towers paired with longer rotor blades, which enables the utilization of previously untapped wind resources. By controlling the entire value chain, from prospecting to construction, Vindmark ensures a streamlined process for both third-party projects and its own self-financed initiatives. This comprehensive approach not only facilitates higher returns on invested capital but also supports clients in transitioning toward sustainable energy solutions, ultimately contributing to environmental conservation.

Svenska Aerogel

Venture Round in 2014
Svenska Aerogel AB, established in 2000 and headquartered in Gävle, Sweden, specializes in the research, development, production, and marketing of Quartzene, a unique, recyclable aerogel material. This material is designed for diverse industrial applications, including insulation, filtration, and as an additive in paints and coatings. Quartzene offers fire resistance, energy savings, and the ability to capture harmful substances, making it valuable in various sectors such as construction, filtration, and paper production. Svenska Aerogel AB operates as a subsidiary of Svenska Aerogel Holding AB (publ), serving customers in Europe, North America, and Asia through direct sales channels and resellers.

Biofrigas

Venture Round in 2014
Biofrigas Sweden AB, based in Gothenburg, Sweden, specializes in the production of biogas, which serves various industries including food production, agriculture, and wastewater treatment. The company employs a unique technology that enables the upgrading and liquefaction of biogas for small-scale applications, making it suitable for agricultural use, smaller treatment plants, and industrial processes. In addition to biogas, Biofrigas also supplies CO2 and heat for diverse applications, contributing to sustainable energy solutions.

Enrad

Venture Round in 2014
Enrad AB is a Swedish company based in Borås that specializes in energy-efficient solutions for cooling and heating systems. The company develops, manufactures, and installs advanced energy solutions, including patented liquid cooling units and heat pump modules designed for comfort cooling and heat pump applications. Enrad's innovative technology features a sophisticated control system that optimizes the operation of compressors, circulation pumps, and coolant fans, significantly reducing energy consumption in refrigeration systems, particularly in grocery stores. By focusing on environmentally friendly practices, Enrad aims to enhance energy efficiency while meeting the cooling and heating needs of its clients.

SeaTwirl

Seed Round in 2014
SeaTwirl AB specializes in the development of innovative floating wind turbine technology tailored for ocean environments. The company's primary objective is to generate electricity more cost-effectively than traditional wind turbines by utilizing a simplified design that facilitates easier installation and reduced maintenance costs. SeaTwirl's unique approach features a vertical axis wind turbine mounted on a floating structure that extends deep underwater, enhancing stability and efficiency in offshore conditions. Through its advancements in liquid wind power, SeaTwirl aims to position itself as a leading provider in the renewable energy sector.

Brighteco

Pre Seed Round in 2014
Brighteco is a Born Circular startup offering light as a service. Its hardware is modular and designed for circularity, using reused components such as optical elements from old flat screens and parts from discontinued luminaires. The company focuses on improving indoor environments through luminaire products that can be upgraded over time, delivering ongoing enhancements including smarter security technologies and improved oxygen levels in rooms through its service model.

TBS Yard

Venture Round in 2013
TBS Yard AB, a subsidiary of TBS Group AB, is a Swedish company based in Torsås, established in 2011. The company specializes in the design and production of fast ferries, supply and survey vessels, and freight containers, alongside offering structural elements. Additionally, TBS Yard focuses on the development of wind farm service vessels for transporting goods and personnel to offshore wind farms. With expertise in composite materials, including carbon and fiberglass laminates, TBS Yard provides innovative solutions for various industries, such as automotive and construction. The company also offers after-sales services, including preventive maintenance, performance inspections, operator training, and spare parts supply. TBS Yard emphasizes collaboration with the scientific community to enhance its product offerings, aiming for energy efficiency and reduced lifecycle costs across its diverse range of composite products.

LunaLEC

Seed Round in 2013
LunaLEC develops and licenses a proprietary ink technology for producing large, designed Light-emitting Electrochemical Cells (LECs). These LECs serve as an affordable alternative to OLED in applications like signs and decorative lights. The production process is cost-effective and does not require clean rooms or vacuum chambers, allowing application via simple methods such as roll-to-roll, spray painting, and printing.

Airmove

Seed Round in 2013
Airmove AB is a Swedish company based in Fagersta that specializes in the manufacture and sale of ventilation and circulation products for residential buildings. The company addresses the challenge of uneven temperature distribution in homes, particularly those equipped with fireplaces or heat pumps. Airmove's innovative solutions include products that effectively manage air movement; in winter, they facilitate the downward flow of cold air to promote the natural ascent of warm air, while in summer, the process is reversed. This technology enhances thermal comfort, eliminates cold spots, and helps reduce heating costs. Airmove distributes its products through resellers and online platforms, aiming to create a suitable indoor climate for its customers.

Speximo

Seed Round in 2013
Speximo AB is a research-based company located in Lund, Sweden, specializing in sustainable emulsion stabilization technology. Founded in 2012, the company develops a patented emulsifier derived from quinoa starch, which enables the creation of surfactant-free Pickering-type emulsions. These emulsions are applicable in the cosmetics, pharmaceutical, and food industries, allowing for the formulation of environmentally friendly products such as creams and ointments. Speximo's technology not only stabilizes emulsions but also facilitates the encapsulation of high-value ingredients, enhancing the texture and efficacy of end products. The company collaborates closely with researchers from Lund University and Malmö University to explore the fundamental properties and applications of its technology, contributing to the advancement of sustainable practices in product development.

Infrafone

Venture Round in 2012
Infrafones is a Stockholm, Sweden-based company that specializes in the development of soot cleaning technology for industrial and marine boilers. The firm has created innovative low-frequency infrasound technology aimed at enhancing the efficiency, availability, and longevity of these boilers by optimizing the soot cleaning process. This technology addresses common challenges in maintaining boiler performance, thereby helping clients achieve improved operational outcomes.

Grundels Fönstersystem

Venture Round in 2011
Grundels offers owners and property managers a comprehensive solution for energy and noise insulation of existing windows, to quickly and efficiently reduce energy consumption and increase comfort.

Sustainable Cards

Venture Round in 2011
Sustainable Cards specializes in the development, manufacturing, and sale of eco-friendly wooden cards designed to replace traditional plastic options. These innovative products serve various purposes, including hotel key cards, gift cards, loyalty cards, and business cards. The company partners with certified manufacturers globally to create its sustainable offerings, which are produced in its European facility in Hede, Sweden, where ongoing research and development support smaller European orders. Additionally, the North American office in Erie, Colorado, facilitates operations in the region. By focusing on biodegradable and PVC-free materials, Sustainable Cards aims to significantly reduce the reliance on petroleum-based plastics, contributing to environmental sustainability and the reduction of landfill waste. The company is recognized as a leading provider of sustainable wood products, committed to promoting greener alternatives for clients in the hospitality and retail industries while helping mitigate harmful greenhouse gas emissions.

I-Tech

Venture Round in 2011
I-Tech is a Swedish company limited by shares and founded in 2000 by a group of researchers from University of Gothenburg and Chalmers University of Technology. I-Tech’s biocide Selektope® (generic name Medetomidine) has sprung from extensive research on the development of environmentally sound marine paints through a government funded multi-year research project. Several putative biocides were included in this project, but Selektope® distinguished from the others when it was discovered to affect the behaviour of the barnacle larvae so that they would not settle on prepared surfaces. The substance was particularly interesting as the effect can be identified already at nano-molar concentrations. Further development refined Selektope® to a potent, ecologically verified marine biocide for use as an antifoulant in marine bottom paints. The technology holds extensive patent protection for all relevant maritime nations. Selektope® has received regulatory approvals in Japan and Korea and is under registration in Europe and China.

Ecotech AB

Seed Round in 2011
Ecotech AB is develops, manufactures and sells wastewater treatment plants for large and small sewers.

SenSiC

Venture Round in 2011
SenSiC AB specializes in the development, production, and sale of gas sensors designed for harsh environments, particularly those involving high temperatures. The company’s sensors exhibit exceptional sensitivity to very low gas concentrations and are known for their long-term performance. By measuring gases such as ammonia, nitrogen oxides, oxygen, and carbon monoxide, these sensors help control combustion processes in various industrial applications. This capability not only enhances energy efficiency but also significantly reduces harmful emissions, contributing to a cleaner environment and improved air quality. SenSiC's technology is particularly useful in woody biomass heaters, boilers, district heating plants, diesel engines, and exhaust after-treatment systems.

SolarWave

Seed Round in 2010
SolarWave AB is a company dedicated to providing innovative water purification systems and solar power solutions. Founded in 2009 and headquartered in Gävle, Sweden, with additional offices in Kampala, Uganda; Lagos, Nigeria; and Dar es Salaam, Tanzania, SolarWave's products are designed to produce safe drinking water and clean electricity. Their product lineup includes solar-powered water purification and desalination systems tailored for use in areas with limited access to clean water, utilizing chemical-free technologies to improve public health and create local business opportunities. Additionally, SolarWave organizes initiatives aimed at raising awareness about safe drinking water, providing support to schools, hospitals, and communities in developing countries. Through its sustainable solutions, the company aims to empower underserved populations by enhancing their access to essential resources.

Techinova

Venture Round in 2010
Techinova AB is a manufacturer specializing in radio communication and automation products designed to enhance communication and automation systems. The company has developed its proprietary system, Techinode™, which facilitates automation, control, and monitoring across various sectors. Techinova's offerings include products and systems for the effective monitoring and control of electricity distribution, water and wastewater management, as well as applications in the oil and gas industry. By providing these solutions, Techinova enables clients to operate more efficiently and contribute to a reliable and sustainable environment.

Eliq

Venture Round in 2009
Eliq AB is a company specializing in energy management solutions that focuses on improving how energy is utilized in everyday life. Founded in 2015 and headquartered in Gothenburg, Sweden, with additional offices in London and Lithuania, Eliq offers a platform that integrates smart meters and third-party smart home systems. The company's flagship product, the Eliq Energy Engagement Application, empowers users to monitor their energy consumption and generation, providing personalized insights and analytics powered by advanced machine learning algorithms. By collaborating with leading European energy providers and banks, Eliq aims to facilitate effective and sustainable energy management, helping users avoid energy wastage and supporting businesses in achieving their sustainability goals.
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