Swedish Algae Factory
Advanced materials from algae for personal care and solar efficiency enhancement.
Launch date
Employees
Market cap
-
Enterprise valuation
CAD19—29m (Dealroom.co estimates Apr 2022.)
Company register number 556986-1585
Göteborgs Stad Västra Götaland County (HQ)
Financials
Estimates*
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | <1m | <1m |
| % growth | - | 22 % | 162 % | (17 %) | 138 % |
| EBITDA | - | - | <1m | (<1m) | <1m |
| % EBITDA margin | - | - | 14 % | (9 %) | 22 % |
| Profit | <1m | (<1m) | <1m | (<1m) | <1m |
| % profit margin | 86 % | (33 %) | 12 % | (11 %) | 8 % |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
€360k | Grant | ||
SEK3.5m | Seed | ||
SEK1.7m | Grant | ||
SEK3.0m | Seed | ||
* | SEK17.0m | Grant | |
N/A | Early VC | ||
| N/A | €500k | Grant | |
* | SEK53.0m | Early VC | |
SEK10.2m | Late VC | ||
SEK29.0m | Late VC | ||
| Total Funding | CAD20.7m | ||
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