# Ekolution

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ekolution

- Industry: Materials
- Headquarters: Malmo, Sweden
- Website: www.ekolution.se
- Total disclosed funding: $5.5M
- Latest round: Series A (Sep 18, 2023)
- Investors on record: 3

## About

Based in Skåne, Sweden, and founded in 2013 by CEO Remi Loren, Ekolution AB, a.k.a. Ekolution operates as a materials company that manufactures and sells sustainable bio-based building materials produced from industrial hemp. In September 2023, Ekolution AB raised SEK 94.5 million in grant funding from Naturvårdsverket. The round was part of a larger SEK 156 in series A and grant round.

The company provides hemp fiber insulation that binds carbon dioxide and contributes to a climate that is CO2-negative for the construction and real estate sectors. Ekolution offers hemp fiber insulation in the form of boards ranging from 30mm to 220mm.

Ekolution plans to use its proceeds from September 2023 funding to further strengthen its ability to run a scalable commercial operation.

## Funding rounds

- Series A, Sep 18, 2023, $5.5M — Neptunia Invest, Long Run Capital, Transistormedia

## Investors

- Neptunia Invest (https://capitalatlas.ai/funds/neptunia-invest) — Series A
- Long Run Capital (https://capitalatlas.ai/funds/long-run-capital) — Series A
- Transistormedia — Series A