Blixt

Stockholm, Sweden Founded: 2018 • Age: 8 yrs
Solid-state circuit breakers are developed for grid management applications.
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About Blixt

Blixt is a company based in Stockholm (Sweden) founded in 2018 by Jan Johansson, Jens Peter Schroer, and Charlotta Holmquist.. Blixt has raised $5.43 million across 2 funding rounds from investors including European Union, Union Square Ventures and ERV. Blixt operates in a competitive market with competitors including Atom Power, Packet Digital, PESTECH International, SCiBreak and Trayer, among others.

  • Headquarter Stockholm, Sweden
  • Founders Jan Johansson, Jens Peter Schroer, Charlotta Holmquist
  • Sectors
    Technology
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.43 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.43 M (USD), Seed

    Mar 20, 2024

  • Investors
  • Employee Count
    Employee Count
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People of Blixt
Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Trued Holmquist
Co-founder

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Teams

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Funding Insights of Blixt

Blixt has successfully raised a total of $5.43M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.43 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $5.4M
  • First Round

    (01 Jan 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Seed - Blixt Valuation Union Square Ventures , ERV
Jan, 2019 Amount Grant - Blixt Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Blixt

Blixt has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Union Square Ventures and ERV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
Founded Year Domain Location
ERV is focused on investing in climate tech startups.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Blixt

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Blixt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blixt Comparisons

Employees
+
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Competitors of Blixt

Blixt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Atom Power, Packet Digital, PESTECH International, SCiBreak and Trayer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solid-state switching technology is developed for power distribution products.
domain founded_year HQ Location
Batteries for unmanned aerial vehicles are developed and patented.
domain founded_year HQ Location
Transmission infrastructure, power products, and embedded software are provided.
domain founded_year HQ Location
Ultra-fast circuit breakers are provided for fault current detection.
domain founded_year HQ Location
SCADA-based switchgears for distribution automation are manufactured by Trayer.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Blixt

When was Blixt founded?

Blixt was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Blixt located?

Blixt is headquartered in Stockholm, Sweden.

Is Blixt a funded company?

Blixt is a funded company, having raised a total of $5.43M across 2 funding rounds to date. The company's 1st funding round was a Grant of $57.3K, raised on Jan 01, 2019.

What does Blixt do?

Blixt was founded in 2018 in Stockholm, Sweden, focusing on the energy sector through hardware innovations. Solid-state circuit breakers are produced to integrate with existing fuse boxes by replacing conventional breakers, smart meters, and remote controls. Compatibility is ensured for both AC and DC currents, with capabilities including real-time measurement, modulating control, and software-based operations for enhanced grid management.

Who are the top competitors of Blixt?

Blixt's top competitors include Atom Power, Packet Digital and Trayer.

Who are Blixt's investors?

Blixt has 3 investors. Key investors include European Union, Union Square Ventures, and ERV.

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