Tech Company Financing Transactions

SKF Funding Round

SKF closed a $450 million funding round on 11/22/2024. Investors included European Investment Bank.

Transaction Overview

Company Name
Announced On
11/22/2024
Transaction Type
Venture Equity
Amount
$450,000,000
Round
Undisclosed
Investors

European Investment Bank (Thomas Östros)

Proceeds Purpose
The financing will support SKF's research and development (R&D) to increase the focus on high-growth segments and accelerate the design and development of enabling technologies particularly for the green transition and sustainability.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Gothenburg, Undisclosed
Sweden
Phone
Undisclosed
Email Address
Not Recorded
Overview
People think we're an engineering company; We're often called an engineering company. But SKF is really made up of brilliant people within many different fields of expertise. Meet some of them and find out why they love working here (and why you would too).
Profile
SKF LinkedIn Company Profile
Social Media
SKF Company Twitter Account
Company News
SKF News
Facebook
SKF on Facebook
YouTube
SKF on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rickard Gustafson
  Rickard Gustafson LinkedIn Profile  Rickard Gustafson Twitter Account  Rickard Gustafson News  Rickard Gustafson on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/22/2024: B'ZEOS venture capital transaction
Next: 11/22/2024: Zopper venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to record every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary