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Zparq collaborates to build the first emission-free rescue boat

The heavily fossil-fuelled transport industry must become greener, and in everything from passenger cars to aircraft, there are both finished products and advanced projects to switch to emission-free use. While there has been progress in the automotive industry, the commercial boating industry in general and rescue boats in particular, have… Read More

Graphmatech raises an oversubscribed 84.5 million SEK investment round

Driven by the transition to a sustainable world, global demand for raw materials is soaring. For many materials, the forecasted demand far outstrips the supply. Graphmatech is well positioned to supply the necessary alternative materials: more conductive, stronger and more durable metals and polymers that use much less raw materials… Read More

SurfCleaner raises €4.8 million to accelerate global expansion

Water for more than six billion people is contaminated today. Only 20 percent of the world’s polluted drinking water is treated and the UN aims to increase that to 60 percent by 2030. The Swedish company SurfCleaner developed the world’s first hybrid skimmer… Read More

C-GREEN and partners to build the world’s first sludge-free wastewater treatment plant

Swedish tech company C-Green Technology AB together with the municipality-owned water and wastewater company Roslagsvatten and the Swedish Environmental Research Institute IVL have announced their collaboration to build the world’s first sludge-free sewage treatment plant in Margretelund, Sweden. By integrating C-Green’s environmental technology, sludge will be completely avoided as an… Read More

CorPower extends equity funding to 20.3 MEUR for commercial scale demonstration

After securing a private placement of 9 MEUR, CorPower has extended its equity funding to 20.3 MEUR, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC, family offices and private investors. Pareto Securities acted as… Read More

Cascade Drives partners with Kalmar to support its journey to electrification

The Swedish start-up Cascade Drives partners with Kalmar to support the industry forerunner in port automation and energy-efficient cargo handling in its journey to electrification. The collaboration will aim at replacing hydraulic actuators by Cascade Drives’ electromechanical solution that can handle shock… Read More

Altris attracts new investments to support scale-up ambitions

“Altris has chosen a business model that makes it possible to quickly scale up and capture the great potential that exists around this new battery chemistry”, says Torbjörn Sternsjö, investor in the company and newly appointed board member. The company creates an opportunity for the world’s producers of lithium-ion batteries… Read More

Five EIT InnoEnergy-supported start-ups among the Top 33 tech companies in Sweden

For the 13th consecutive year, Ny Teknik (Swedish media) appointed Sweden’s 33 most promising young technology companies who have the greatest opportunity to become leaders in their field. The technology areas range from energy solutions to biotechnology and robotics, from AI to logistics solutions. But all 33 companies have one… Read More

CorPower Ocean launches pioneering wave energy project in northern Portugal

The location has been chosen to support CorPower’s flagship demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms. Several factors have contributed to choosing Viana do Castelo for this investment. A strong competence pool of engineers from… Read More

Sweden trailblazes the way for sustainable energy entrepreneurs amidst COVID-19

EIT InnoEnergy has partnered with Skellefteå Kraft, municipality-owned power company in Skellefeå, Sweden, to launch the Accelerate Skellefteå Project. The call for start-up project will offer applicants from across Europe the opportunity to grow their sustainable energy businesses… Read More