$35.3MVenture, 7 May 2026
The equity round, alongside debt financing, will complete its TNT plant in Nora targeting over 4,000 tonnes a year.
- Amount
- $35.3M
- Stage
- Venture
- Announced
- 7 May 2026
- Lead
- Karl Engelbrektson
- Other investors
- Par Svardson, Thomas von Koch
- Use of funds
- The equity round, alongside debt financing, will complete its TNT plant in Nora targeting over 4,000 tonnes a year.
- Checked
- Amount and date matched across 2 press sources
- Sources
- Swedish defence startup Swebal raises €30M to build TNT plant tech.eu
Swedish defence startup Swebal raises €30M to build TNT plant techstartups.com