Tech Company Financing Transactions
Arevo Funding Round
Arevo, operating out of Umeå, secured $7.1 million from Industrifonden and Navigare Ventures.
Transaction Overview
Company Name
Announced On
3/26/2024
Transaction Type
Venture Equity
Amount
$7,130,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to scale up its operations and its portfolio of 58 patents built on research into organic nitrogen uptake in plants.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Dåva Energiväg 8
Umeå, 905 95
Sweden
Umeå, 905 95
Sweden
Phone
Website
Email Address
Overview
We want to change global cultivation systems to achieve better growth with less negative impact on our environment. Our ongoing goal is the creation of a system that yields viable plants in fertile soil using nature's own processes. A zero nitrogen waste system in which a small amount of nutrition has a huge effect.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Niklas Åström
Chief Technical Officer
Torgny Näsholm
VP - Manufacturing
Mattias Holmlund
VP - Product Management
Regina Gratz
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