Scale-up companies need financing to be able to grow and develop. Meeting investors and improve investment readiness is therefore crucial. The new program will support Swedish companies in their process of approaching and connecting to international investors.
A total of 76 companies applied to participate in the new investment accelerator. After an extensive selection process, eight companies have been selected. The program kicked off on October 9 in Copenhagen, where they met around 40 international investors.
– We saw a gap between Swedish scale-up companies and international investors and have created an initiative where we support companies in their international capital acquisition process. With a record number of applicants, we seem to have hit the mark and are now looking forward to starting work with the companies, says Sara Persson, Business Developer at the Swedish Energy Agency.
The selected companies
The companies accepted to the first round of the programme have solutions ranging from new technologies for packaging and wave energy systems to wind turbines made of wood and cutting-edge energy storage.
Candela's electric boats use 90 percent less energy than conventional boats, thanks to a new hydrofoil technology, which enables fast fossil-free sea voyages at very low cost. The hydrofoil technology produces no swell and reduces seasickness.
Candela
CorPower Ocean provides highly efficient wave energy technology which enable reliable and cost-effective harvesting of electricity from ocean waves. Their innovation is inspired by the pumping principle of the human heart. Ocean wave energy brings stability to the clean energy mix, accelerating the transition to carbon-free energy.
CorPower Ocean AB
Epishine offers a smarter way to power electronics. The technology harvests ordinary indoor light to power small electronics, making disposable battery cables and unnecessary maintenance a thing of the past.
The large-scale energy solutions of the future will be printed. With scalable production of thin, flexible, easy-to-handle solar cells, any surface which is touched by light, will be able to harvest energy.
Epishine AB
Ligna Energy develops, manufactures, and markets unique sustainable energy storage devices - a key factor for sustainable products and a sustainable energy system. The focus is on self-sufficient electronics.
The product S-power is adapted as an intermediate storage of energy which is harvested from sources such as light or radio waves.This means that primary batteries or rechargeable lithium batteries are no longer needed. Ligna Energy's technology is based on automated "roll-to-roll" manufacturing with accessible materials, which means that production can be carried out profitably in Sweden.
Ligna Energy AB
Modvion develops wind turbine towers made from laminated wood – nature’s carbon fibre. Wooden structures enable radical emission reductions by replacing emission-heavy materials such as steel and concrete. Thanks to their patented modular system, Modvion has been able to develop cost-effective wind turbine towers and more efficient transport for high-rise tower installations.
Modvion AB
Orbital is an award-winning water technology company, founded in 2012 after a collaborative project between NASA and Lund University. Orbital is leading a paradigm shift regarding daily water use, which accounts for a large part of energy consumption in society.
Through their product portfolio, Orbital enables significant water and energy savings while providing a first-class user experience. The company's 150 patents and patent applications have a large market potential worldwide.
Orbital Systems
Raymonds is a fast-growing innovative company that has developed the world-leading, patent-pending, award-winning Smart Solar Roof which is revolutionising three industries:
- The solar industry - from unaesthetic surface-mounted photovoltaics to aesthetic high-efficiency (233W/m2 vs Tesla 143W/m2) photovoltaic roofs in any colour.
- Roofing industry - from expensive concrete tile roofs with high CO2 impact, to self-sufficient photovoltaic roofs with 85 percent lower CO2 footprint.
- Installation industry – from manual time-consuming (1-2 weeks) photovoltaic installations with heavy lifting and poor working environment to factory-made photovoltaic roofs to be installed in one day.
Raymond Solar AB
Yangi develops and offers a breakthrough technology for cellulose-based packaging, enabling the replacement of rigid plastic packaging on a large scale. With its unique technology and the recently launched industrial production platform Cellera, Yangi addresses the urgent need of brand owners and packaging producers for more sustainable packaging solutions. Yangi's technology enables resource-efficient production with significantly shorter cycle times.
Yangi AB
