Tech Company Financing Transactions

Flower Funding Round

Flower, based in Stockholm, secured $48 million in funding from Northzone Ventures, Giant Ventures and private investors.

Transaction Overview

Company Name
Announced On
10/31/2024
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series A
Investors

Northzone Ventures (Lead Investor) (Pär-Jörgen Pärson)

Giant Ventures

private investors (Sebastian Knutsson)

private investors (Thomas von Koch)

Sony Innovation Fund

Proceeds Purpose
The company intends to use the funds for its European expansion, as well as further development of its infrastructural Battery Energy Storage Systems.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Söder Mälarstrand 21
Stockholm, 11820
Sweden
Phone
Undisclosed
Email Address
Not Recorded
Overview
Swiftly gaining ground as Sweden's industry leader in battery storage and expanding rapidly in selected European markets, Flower is on a mission to enable the energy system of tomorrow. Flower is Flexible Power. Our vision extends beyond the energy transition, we aim to become the pioneering force powering the energy system of tomorrow.
Profile
Flower LinkedIn Company Profile
Social Media
Flower Company Twitter Account
Company News
Flower News
Facebook
Flower on Facebook
YouTube
Flower on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Diklev
  John Diklev LinkedIn Profile  John Diklev Twitter Account  John Diklev News  John Diklev on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/31/2024: Honor Device venture capital transaction
Next: 10/31/2024: Afference venture capital transaction

 

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Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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