These startups are not only scaling rapidly but also improving margins and delivering financial results.

From the Swedish side of the Øresund region 4 startups made the list. The criteria are that the companies need to have at least € 1 million in revenue (2025), a Year-on-year growth of revenue at least 30% compared to 2024, profitable (or almost profitalbe) and not listed on any stock exchange.

Flexotrap’s Explosive Growth in Shooting Range Innovation

Flexotrap, a Lund-based startup founded in 2023, has achieved substantial growth with its modular bullet trapping system for shooting facilities. The company reported a 2025 net revenue of SEK 10 million, representing a 335% year-over-year increase. Flexotrap also maintained a break-even result, showing it can scale efficiently while meeting market demand.

LaddaTillsammans Charges Ahead in EV Infrastructure

LaddaTillsammans, based in Helsingborg, is making waves in the electric vehicle (EV) charging sector. The company, which provides smart EV charging solutions for condominium associations communities (bostadsrättföreningar), and property companies, saw its 2025 net revenue rise to SEK 35.5 million, a 33% increase from the previous year. Profits also more than doubled, climbing from SEK 0.9 million in 2024 to SEK 2.7 million in 2025, highlighting a strong market fit and operational efficiency.

“We are proud of our growth last year, but our aim is even higher for 2026,”

says Niklas Hilding, CEO at LaddaTillsammans

Mylla Growth in Local Food

Mylla, a Malmö-based online marketplace, connects local farmers directly with consumers, promoting sustainable and transparent food systems. In 2025, Mylla achieved a net revenue of SEK 24 million, up 112% year-over-year, and turned profitable with SEK 4.2 million in earnings, compared to a SEK 4.6 million loss in 2024.

RemotiveLabs Drives Innovation in Simulation

Meanwhile, RemotiveLabs, also based in Malmö, working with vehicle simulation on a developer-centric platform. The company reported a 2025 net revenue of SEK 10.1 million, a 71% increase, and reduced its losses from SEK 2.8 million in 2024 to SEK 0.6 million in 2025, signaling progress toward profitability.

The entire list can be found here: https://www.swedishtechnews.com/40-swedish-startups-and-scaleups-with-strong-sustainable-growth-in-2025/

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The round was co-led by EIFO and Unconventional Ventures followed by Proptechfonden and backed again by earlier investor EMDFonden.

“Closing this Seed round is an important milestone for Visibuilt. It enables us to mature our technical platform, validate our solution at a larger scale, and take the next steps towards the market,”

says Line Kloster Pedersen, CEO and founder of Visibuilt.

Founded in 2022, Visibuilt develops a mycelium-based binder solution for the construction and infrastructure industries. Founded by Line Kloster Pedersen and Oleksii Rebrov, the startup combines biotechnology and materialscience to create lower-carbon alternatives to conventional construction materials. Last year it created the worlds first mycelium cultivated outdoor paver – a natural alternative to cement.

“Concrete and asphalt production are among the largest sources of carbondioxid emissions globally. If we are to truly reduce emissions, it requires new solutions in heavy industries. Visibuilt has an approach that could become an important piece of that transition,”

says Sara Sande, Managing Director, Partner and Head of Direct Thematic Venture at EIFO.

The binder technology, visiBINDER, is a mycelium-based binder designed for paving and infrastructure applications. The technology is designed to offer a less energy intensive solution for paving materials while meeting the durability and performance requirements of outdoor applications. These cultivated pavers where pioneered last year at the Fælledby construction site in Copenhagen, following extensive testing.

“At Unconventional Ventures, we look for companies where the impact case and the commercial case are structurally identical. Visibuilt is that company. Every​ tonne of visiBINDER placed in a paving application displaces a tonne of fossil binder, generates royalty revenue, and reduces the embedded carbon of the infrastructure it goes into,”

says Thea Messel, General Partner, Unconventional Ventures

The new funding will allow Visibuilt to expand testing and validation activities, establish the production setup required for larger-scale trials, and strengthen the team with additional technical and commercial expertise.

“Line has built active industrial testing relationships with Denmark’s leading concrete paver manufacturer and Copenhagen Municipality within two years of founding – without a finished production setup and without a fully derisked product. That is an unusual execution signal for a HardTech founder at this stage, and it is why we co-led,”

says Thea Messel

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In connection with this round, Almi Invest Greentech and LRF Ventures become new minority owners of NFA. All existing owners, Navigare Ventures, Sveaskog, Södra Skogsägarna, and Almi Invest Syd, are following up on their initial investments in NFA.

”The development of operator support and automation is moving rapidly forward across all vehicle types, and NFA is leading the way in forest machinery. Succeeding in physical AI requires a highly competent team, vast amounts of training data from real production environments, and long-term financing. In our vertical, we are now uniquely equipped with a strong position across all these pillars,”

says Lars Svensson, CEO and co-founder of NFA.

NFA’s proprietary software provides forestry machinery with the unique ability to measure trees in real time, continuously supporting the operator during execution. Today, NFA’s first product, an operator support system for thinning, is deployed on forestry machinery in real-world commercial operations across 7 markets on three continents. During 2025 and 2026, development and testing commenced for next-generation products, which include tree species identification, stem shape measurement, and semi-automation.

“Through its technology, NFA delivers direct customer value with clear efficiency gains in a large market. At the same time, the solution provides substantial climate benefits to forestry, with increased volume growth and better resource utilization of the harvested forest,”

says Erik Madeyski Bengtson, Investment Manager at Almi Invest GreenTech

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As EV charging networks continue to expand in size and complexity, operating critical charging infrastructure increasingly requires intelligent orchestration of thousands of interconnected assets, systems, and operational processes. Operating fast-charging infrastructure in 2026 is about using AI effectively to orchestrate operations across these large-scale systems.

A growing challenge for operators is that infrastructure scales faster than operational teams. As networks expand, maintaining complete operational awareness becomes increasingly difficult through manual processes alone. Critical issues can be overlooked, response times increase, and hidden problems may persist longer than necessary, impacting network performance and customer experience.

“We are proud to support Q8 Electric on this journey and to be part of their future electrification efforts.”

said Sofus Laub Erdal, CEO at Lumina

Every company operating assets faces the same operational constraint: teams scale linearly while networks grow exponentially. As complexity increases, maintaining full operational awareness manually becomes increasingly difficult. Critical issues are missed, manual workflows consume valuable time, and problems can remain hidden indefinitely.

To address these challenges, Q8 Electric will deploy Lumina’s agentic decision layer across its charging operations in Belgium, the Netherlands, and Luxembourg. The solution is designed to continuously monitor network conditions, prioritize issues based on operational impact, coordinate responses across multiple simultaneous failures, escalate decisions when required, automate routine actions, and learn from historical resolutions to improve performance over time.

“Working chargers and sessions that start without any friction. This is no longer a competitive edge, it is the bare minimum EV drivers expect from a fast charging network. That’s why Q8 Electric is partnering with Lumina AI,”

said Nicholas Maes, Fast Charging Insights & Systems Coordinator at Q8

The deployment will support Q8 Electric’s efforts to deliver reliable, high-performing charging services across the Benelux region while creating a more scalable operating model for the future.

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The funding round includes HICO Investment Group, a Singapore-based family office with a background in shipping, aligning well with Elonroad’s focus on port logistics. HICO will become Elonroad’s third-largest shareholder, with its CEO, Chris Hartnoll, joining the board. The other investors are Tamar Ventures (USA) and Butterfly Ventures (Finland), a deep tech specialist.

“At Elonroad, we believe electrification requires not only smarter software, but smarter infrastructure. Infrastructure that keeps operations moving while contributing to a more resilient and efficient energy system. This investment will help us accelerate deployment across ports, logistics hubs and industrial transport operations globally,”

says Karin Ebbinghaus, CEO at Elonroad

The current funding round is reported to value Elonroad at €22 million pre-money, reflecting growing confidence in hardware-focused solutions after a long period of investor hesitation. The funds are expected to sustain the company for 1.5 to 2 years, with the potential for additional capital depending on market development and ambition.

“While much of today’s conversation revolves around AI, software and digitalization, we still live in a physical world. Goods need to move, ports need to operate, and energy needs to reach vehicles and machines when and where it’s needed,”

says Karin Ebbinghaus

This capital injection provides Elonroad with the financial stability needed to intensify sales efforts and industrialize its product, transitioning from small-scale prototypes to commercial deployment. The company’s most significant commercial success to date is a €1.9 million contract with a California port terminal, won nearly two years ago. This deal has solidified port logistics as Elonroad’s primary market.

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The investment will accelerate the rollout of PerPlant’s AI-driven precision spraying technology, which can reduce chemical use by up to 90%, a potential game-changer for farmers facing regulatory pressure and sustainability demands.

AI Gives Tractors “Eyes” to Slash Chemical Use

PerPlant’s real-time AI scanning system mounts onto tractors, using high-resolution cameras and machine learning to detect weeds and apply herbicides only where needed. Unlike traditional methods, which often rely on blind or broad-spectrum spraying, PerPlant’s technology delivers centimeter-level precision, far surpassing the 10–30 meter resolution of satellite imagery or the coverage of agricultural drones.

“I’ve always been fascinated by internet, networks and swarms and their ability to connect intelligence across the world. If you see around majority of technologies we use today are all derived from these. We’re building PerPlant Nexus with the same philosophy for agriculture.”

says Sumod Nandanwar, co-founder and CTO, about the technology

For an average farmer with 200 hectares, the system can cut herbicide use by 90% and fertilizer by 30%, enough to recoup the investment in a single season.

“Over 90% of the world’s farmland operates blindly without precision data. PerPlant’s AI creates transparency at the plant level, bridging the gap between economic gains for farmers and consumer demand for documented sustainability.”

says investor Kræn Østergaard Nielsen to Techsavvy

The system is reported to have already mapped over 200,000 hectares across Europe, nine times the coverage of all Danish agricultural drones combined, making it Nordic’s largest precision farming dataset. This audit-grade documentation can be used for verification by authorities, insurers, banks, and other AgTech providers.

With 15 employees and operations in 12 countries (including the UK, Netherlands, Poland, and Spain), PerPlant is eyeing expansion into the U.S.. The technology is particularly compelling for conventional farmers, but also holds potential for organic and regenerative agriculture.

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The startup just announced that Kalle Nilvér, founder of GoClimate, as a new investor, in a smaller €400K (SEK 4.2 million) round.

“We’re investing heavily in further developing the product, with a strong focus on product calculations and Scope 3. It’s an area where we see clear demand from our customers, since their biggest challenge is often understanding and reducing the emissions connected to the products and services they purchase,”

says Anja Bexelius, CEO of Emission Twin, to Impact Loop.

The startup is focusing on creating a collaborative framework that helps entire value chains align with science-based targets. As one company’s Scope 1 emissions are another’s Scope 2 or 3, their vision is a future where every business only needs to calculate its Scope 1 emissions and contribute that data to a shared digital twin, creating a collaborative framework.

“I am proud that we have managed to combine the market’s most advanced technology with the simplest user experience. It’s precisely this blend of simplicity, flexibility, and powerful simulations that makes customers choose us. Our mission is to accelerate the climate transition, and that ambition permeates every decision we make and every line of code we write.”

says co-founder Tove Nilstun about their ambitions

The investment underscores a shared vision: reporting alone won’t solve the climate crisis, but the right data at the right level can transform decision-making. As businesses face growing pressure to decarbonize, Emission Twin’s tools are positioning the startup as a key player in the next phase of corporate climate action.

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Total number of deals in 2025 in Copenhagen are reported to 20. Totalt number of capital last year: €112 million.

Impact Loops writes that Copenhagen’s climate tech scene reflects it’s heritage in wind power, but that the city’s strongest sector is sustainable food and agritech, anchored by Novo Holdings, one of the most active strategic impact investors in Europe.

Some standout deals for 2025 that Impact Loop highlights are: NORNORM $66.6m Series A (Verdane, Santander, Inter IKEA Group), MATR Foods $22m (Novo Holdings), Enduro $13.2m

Key investors investing in Copenhagen accoridng to Impact Loop are:

• Novo Holdings
• Nordic Alpha Partners
• Climentum Capital
• Rockstart
• Heartcore
• Vestas Ventures

The Swedish side of Øresund is not mentioned in the article, but given that The Drop conference (one of the biggest global impact investment gatherings) takes part in Malmö, and that Pale Blue Dot, one of hte pioneers in Climate Tech investment is based there, should be relevant as well. And of course that the Swedish side of the region is home to Oatly, Qvantum (which last year raised a massive €108 million), Sproud, Emulate Energy, Enjay, Emission Twin, Orbital Systems and many other prominent climate tech companies, we can safely assume the Greater Copenhagen region (which includes all of Öresund) has probably significant better performance then what impact loops reports. Maybe not enough to take the top spot, but probably amongst the best performing in Europe.

You can view the entire list here: impactloop.com

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The company, headquartered in Åstorp, has recently been reported to have secured € 19 million (SEK 220 million) in funding, primarily from existing investors, including Thomas von Koch (former EQT CEO) and the IMAS Foundation, according to data registered with Bolagsverket and confirmed to Rapidus.

“What’s so incredible for us is that we succeeded at scale. We secured orders in multiple European cities, and the pumps started being installed, including in London,”

says Fredrik Rosenqvist, founder and CEO of Qvantum to Rapidus.

This month Qvantum announced that they have reached an agreement with German climatetech startup 1KOMMA5° to enable home energy systems in Sweden. Qvantum’s next-generation heat pumps works with 1KOMMA5°’s Heartbeat AI platform, an intelligent optimization system that dynamically coordinates heating, solar power, battery storage, and EV charging.

This partnership transforms heat pumps from standalone devices into active components of a connected home energy ecosystem, enabling them to respond in real time to electricity prices, grid signals, and renewable energy availability.

“Heat pumps will play an increasingly central role in the future energy system, not just as sources of heat, but as flexible assets that can support the electricity grid. This partnership allows us to connect all kinds of heat pumps into our virtual power plant – lowering energy costs for homeowners and taking pressure off the grid,”

says David Sätterman, CEO of 1KOMMA5° Sweden and Denmark

With 60% of Swedish households already using heat pumps, the collaboration is poised to lower energy costs for homeowners while enhancing grid stability. By leveraging AI-driven automation heating aligns with cheaper, cleaner, and more abundant energy sources, setting a new benchmark for intelligent, fossil-free residential energy systems.

“Future energy systems require connected, intelligent solutions. With the partnership together with 1KOMMA5° we ensure that heating can interact seamlessly with solar power, batteries, EV charging, and the electricity grid. This gives homeowners a system that is ready for tomorrow’s energy landscape,”

says Fredrik Rosenqvist, CEO of Qvantum

Qvantum is now set to further expand its production and sales, operating a factory in Åstorp and another in Nyíregyháza, Hungary. The company currently has operations in seven European countries and is represented in a total of 17 countries across Europe.

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Founded in 2019 by Jakob Wichmann, Anna Søndergaard, and Christian Sparrevohn, The Footprint Firm is more than just a fund, it’s a full-service partner for startups tackling climate challenges. The firm focuses on re-seed and seed-stage companies in sectors like biotech, energy, AI-powered climate tech, circular manufacturing, CO₂ reduction, and food systems, with investments ranging from € 0.5 million to € 2 million.

“With Footprint Fund I, we are doubling down on our mission to accelerate what is necessary. The future worth building will not arrive by chance, it must be ventured into. Europe has the talent, research depth, and industrial base needed to build category-defining climate solutions, and we want to contribute to the success of these teams with funding, ecosystem support and our expertise and network,”

said Anna Søndergaard, co-founding Partner and CEO at The Footprint Firm to EU startups

What sets The Footprint Firm apart is its integrated venture model. Instead of just providing capital and occasional board advice, the firm offers continuous, hands-on support through a team of 45 in-house specialists. These experts help portfolio companies navigate scientific validation, regulatory hurdles, commercialization, and industrial scaling, critical bottlenecks for deep tech and climate ventures.

“Footprint Fund I is built on an integrated venture model that deliberately combines early-stage capital with a large, in-house sustainability and commercial advisory platform. Unlike a classic climate or deeptech VC fund where portfolio support is typically limited to board work, introductions, and periodic strategic input, Footprint Fund I is structurally designed to deploy hands-on expertise throughout the investment lifecycle. “

says Jakob Wichmann to TFN

With the new fund, The Footprint Firm strengthens its role as a catalyst for research-based and scalable sustainable innovation. The investments focus on technologies and business models that can be realised at industrial scale and contribute to the global green transition.

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