Candela flies ahead – electric ferries to the USA
Sweden's Candela showcased its electric hydrofoil ferry P-12 in Washington. The ferry cuts energy use by 80% and can run quietly, fast and without wake waves. After successes in Stockholm, the USA, Saudi Arabia and Asia are next in line – with more than 40 vessels in the order book.
Exeger receives 130 MSEK in state support
The solar cell technology company Exeger is receiving 130 MSEK from Energimyndigheten (the Swedish Energy Agency) to scale up its production. An important validation of the company's technology in the middle of an ongoing funding round.
Einride steps up – new CFO ahead of stock exchange listing
The transport tech company Einride is preparing for a listing on the NYSE by recruiting Anubhav Verma as its new CFO. With experience from billion-dollar SPACs and deep tech, he will drive the company's global growth and market expansion in electric, autonomous freight – a market valued at USD 4.6 trillion.
Aira – CEO change & staff cuts
The heat pump company Aira, founded by Harald Mix, is undergoing major changes. 5% of the workforce is being made redundant at the same time as CEO Peter Prem is leaving – just six months after he took up the post. The new CEO is Anthony Loizeau, previously deputy CEO, who will lead the company in its next growth phase.
Voi raises capital through bonds
Voi is publishing a prospectus and applying for trading of a further 40 MEUR in bonds on Nasdaq Stockholm. The bonds are part of a framework totalling 125 MEUR, and strengthen the company's financial room for manoeuvre ahead of upcoming initiatives.
Kaunis Iron – environmental permit in the court's hands
Kaunis Iron is waiting for a final decision from Högsta domstolen (the Swedish Supreme Court) on its new environmental permit – a prerequisite for being able to start new mines in Tornedalen. The uncertainty is affecting investment plans, but production at Tapuli continues as planned until 2027.
Blykalla highlights Europe's role in the future of nuclear power
In an opinion piece, Blykalla stresses the importance of the EU taking the lead in the development of Generation IV reactors – a new generation of small, modular nuclear power plants. The company highlights three decisive areas: capital, access to fuel and smarter regulation. With the right support, Europe can become a world leader in nuclear power – and Blykalla wants to be a key player.
Stegra: 390 million in support – and questioned credibility
The steel company Stegra has received a further SEK 390 million in support from Energimyndigheten for its hydrogen venture, but the decision has met growing criticism. The minority owner Hitachi Energy has announced that it does not intend to contribute more capital, and at the same time Tobias Andersson of the Sweden Democrats (SD) is questioning why the state is supporting a company that, according to the media, has clear financial difficulties. He is demanding answers about what due diligence has actually been carried out – and whether the support complies with the EU's state aid rules.
Airmee & Instabee under fire – respond to the criticism
The book ”Den sista milen” (The Last Mile) sharply criticises Airmee and Instabee for substandard working conditions in last-mile deliveries. Drivers are said to work under pressure, without breaks, with a high risk of fines and unclear employment conditions. Airmee responds to the criticism directly. CEO Elin Morales Härén says the company follows the law, has introduced strict checks of haulage firms and is working towards terms similar to collective agreements. She also highlights improved transparency and changes made after earlier rulings against subcontractors. Instabee is also mentioned in the book but has not responded to the criticism. Meanwhile the company is continuing its expansion, with more than 1,000 new parcel lockers in the Netherlands and a new Instabox shop in Stockholm.
CorPower Ocean – listed on Eqvor
Eqvor has welcomed CorPower Ocean to the platform. The Swedish cleantech company develops world-leading wave power technology to create stable, renewable electricity generation. After successful tests, the company is ready for a commercial launch in 2026, aiming to become wave power's equivalent of Vestas.
