About Bower
Bower is a company based in Stockholm (Sweden) founded in 2020 by Suwar Mert. Bower has raised $5.73 million across 3 funding rounds from investors including Orkla, Almi and Google.org. Bower offers products and services including Bower App.
- Headquarter Stockholm, Sweden
- Founders Suwar Mert
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Sectors
Environment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sugi Group Ab
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.73 M (USD)
in 3 rounds
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Latest Funding Round
$1.91 M (USD), Grant
Nov 13, 2023
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Investors
Orkla
& 5 more
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Employee Count
Not available
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Products & Services of Bower
Bower offers a comprehensive portfolio of products and services, including Bower App.
AI app for identifying waste, guiding recycling, and rewarding users.
People of Bower
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Funding Insights of Bower
Bower has successfully raised a total of $5.73M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $1.91 million completed in November 2023. 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.
Investors in Bower
Bower has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Orkla, Almi and Google.org.
| Investor | Description | Founded Year | Domain | Location |
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Investments are provided by Almi in seed to growth-stage startups.
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Locked | Locked | Locked | |
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Early-stage company investments are facilitated by blqinvest.
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Locked | Locked | Locked | |
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Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Locked | Locked | Locked |
Investor details for Bower
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Investments & Acquisitions by Bower
Investment portfolio details for Bower
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Financial Statements - Bower
Detailed financials for Bower
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Bower Comparisons
Peer comparison for Bower
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Competitors of Bower
Detailed competitors of Bower
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Latest news on Bower
Complete news archive for Bower
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Frequently Asked Questions about Bower
Bower was founded in 2020.
Bower is headquartered in Stockholm, Sweden.
Suwar Mert is the current CEO of Bower. They have also founded this company.
Bower is a funded company, having raised a total of $5.73M across 3 funding rounds to date.
The company was founded in 2020 in Stockholm, Sweden, and operates in the environmental recycling sector. Reward-based solutions are provided through a platform where packages are scanned and sorted by users at home. Nearest recycling stations are located via a mobile app, which is available for iOS and Android devices. Operations focus on facilitating household recycling processes.
Bower offers Bower App.
Bower has 6 investors. Key investors include Orkla, Almi, Google.org, blqinvest, and Verdane.