Ekolution Secures €2.2M to Scale Hemp-Based Construction Materials
Malmö-based Ekolution, which develops climate-friendly construction materials made from industrial hemp, has raised € 2.2 million (SEK 25 million) from existing investors, Breakit reports. The investors include Longrun Capital, South Bay Ventures, Neptunia Invest, and Gunnar Hagman. Ekolution was founded in 2013 by Remi Loren, Naib Woldemariam and Henrik Jacobsson and the startup has gotten […]
GreenTech Company Ekolution Raises €13M to Drive Sustainable Insulation Solutions
Update: this article was misstankly posted in 2024, but is about funding that happened in 2023! The Ljungberg family’s climate-focused investment firm, Longrun Capital, has made its largest investment to date by leading a € 13 million (SEK 150 million) funding round in Ekolution, a GreenTech company aiming to revolutionize the insulation market with a […]
Ekolution Secures €13M and Builds Hemp Insulation Production Facility in Skåne
Swedish GreenTech company Ekolution, specializing in the production, development, and sales of biobased materials using industrial hemp, has received substantial support in the size of € 8 million (SEK 94.5 million) from Naturvårdsverket (the Swedish Environmental Protection Agency) and successfully raised a Series A financing round, amounting to € 5 million (SEK 61.5 million). Ekolution […]