Tech Company Financing Transactions
X Shore Funding Round
On 4/4/2023, X Shore raised $29 million in funding from SEB Investment Management.
Transaction Overview
Company Name
Announced On
4/4/2023
Transaction Type
Venture Equity
Amount
$29,034,000
Round
Undisclosed
Investors
Proceeds Purpose
This funding round that sets a course to continue scaling its in-house production and accelerate US market growth.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Frihamnsgatan 12 Lidingoe
Stockholm, 115 56
SE
Stockholm, 115 56
SE
Phone
Undisclosed
Website
Email Address
Overview
In the beginning In the evolution of an industry that has remained steadfast in its traditions, for better or for worse. With new technology and innovative research, smart design and sustainable materials, X Shore embraces the long tradition of maritime craftsmanship while discarding the dirty institution of fossil fuels. We don't see ourselves as disrupters. We're not here to reinvent the wheel, but rather to right the ship. To set a course for long-term sustainability that we can all be proud of.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jenny Keisu
Founder
Konrad Bergström
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