About Midsummer
Midsummer is a publicly listed company based in Stockholm (Sweden) founded in 2004. Turnkey solutions for CIGS solar cell manufacturing are provided. Midsummer offers products and services including Midsummer BOLD, Midsummer SLIM, and Midsummer WAVE. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Modules.
Company details
Midsummer was founded in 2004 and is based in Stockholm, Sweden. Operations focus on the renewable energy sector, where turnkey solutions for flexible solar cell production are supplied. An in-house CIGS manufacturing line is maintained. The Midsummer DUO system enables fully automatic deposition with a 5 MW annual capacity, while the Midsummer UNO offers similar features at reduced scale.
- Headquarters Stockholm, Sweden
- Stage Public
- SectorsEnergy & Utilities
- Website midsummer.se
- Social LinkedIn Facebook Instagram
- Legal Name Midsummer Ab
- Annual Revenue$17.84 M (USD)215.55as on Dec 31, 2025
- Net Profit-$8.08 M (USD)42.49as on Dec 31, 2025
- EBITDA-$4.44 M (USD)34.8as on Dec 31, 2025
- Latest Funding Round$3M (USD), Grant
Apr 2025
- InvestorsInvitalia
& 4 more
Products & Services of Midsummer
Midsummer offers a comprehensive portfolio of products and services, including Midsummer BOLD, Midsummer SLIM, and Midsummer WAVE.
Flexible solar panel for large roofs with low weight.
Discreet panel optimized for metal roofs.
Wavy panel designed for tile roofs.
Funding Insights of Midsummer
- Total Rounds 9
- Last Round Grant — $3M
- First Round $374,708
(Jun 2015)
- Investors Count 5
All 9 funding rounds of Midsummer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $3M | Grant | – | – | |
| Apr 2023 | $7.01M | Grant | – | – | |
| Nov 2021 | Grant | – | – | – | |
| Nov 2021 | Debt – Conventional | – | – | – | |
| Jan 2017 | $484,085 | Grant | – | – | |
| Dec 2016 | $341,480 | Grant | – | – | |
| Apr 2016 | Seed | – | Mistra | – | |
| Aug 2015 | $1.2M | Debt – Conventional | – | – | |
| Jun 2015 | $374,708 | Grant | – | – |
5 investors in total: 5 institutional.
Investors in Midsummer
Midsummer has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Invitalia, Allabolag and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial incentives and support are provided for businesses and administrations. | 2013 | invitalia.it | Rome, Italy | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Private market data is accessed through a cloud-based platform. | 2008 | allabolag.se | Stockholm, Sweden | |
The Italian Government is administered through the Presidency of the Council of Ministers. | governo.it | Rome, Italy | ||
Research on environmental strategies is supported by Mistra. | mistra.org | Stockholm, Sweden |
Investor details for Midsummer
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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IPO & Listings of Midsummer
Midsummer is a publicly listed company on the OMXSTO with ticker symbol MIDS in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Jun 2018
- Listed onOMXSTO: MIDS
- Listed entityMidsummer AB
- Exchange sectorProducer manufacturing
- ISINSE0011281757
- Share price1.24 SEK (-2.2% on the day) · 2026-10-14
- Market capitalisation672,617,694.00 SEK
- EPS (diluted, trailing year)-0.04 SEK
- Volume (last session)127,986
Financials of Midsummer
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 164.3M SEK | -74.4M SEK | -40.9M SEK |
| 2024 | 52.1M SEK | -129.4M SEK | -62.7M SEK |
| 2023 | 49.6M SEK | -222.2M SEK | -134.2M SEK |
| 2022 | 53.4M SEK | -87.8M SEK | -156.2M SEK |
| 2021 | 94.4M SEK | -129.5M SEK | -84.8M SEK |
Detailed financial statements for Midsummer
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Midsummer
4 dated milestones of Midsummer across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Midsummer is founded.
- Funding First funding round of $375K.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant, of $3.0M.
Web traffic of Midsummer
The website of Midsummer (midsummer.se) receives about 7.1K visits a month.
- Monthly visits7.1K
▼ 18.2% vs previous month
Websites whose visitors overlap most with Midsummer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| solarindustrymag.com | 100% | #4,642,768 | View details |
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Related news about Midsummer
Complete news archive for Midsummer
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Frequently Asked Questions about Midsummer
Midsummer was founded in 2004 and raised its 1st funding round 11 years after it was founded.
Midsummer is headquartered in Stockholm, Sweden.
Annual revenue of Midsummer is $17.84M as on Dec 31, 2025.
Midsummer was founded in 2004 and is based in Stockholm, Sweden. Operations focus on the renewable energy sector, where turnkey solutions for flexible solar cell production are supplied. An in-house CIGS manufacturing line is maintained. The Midsummer DUO system enables fully automatic deposition with a 5 MW annual capacity, while the Midsummer UNO offers similar features at reduced scale.
Midsummer offers Midsummer BOLD, Midsummer SLIM, and Midsummer WAVE.
Yes, Midsummer is publicly traded on OMXSTO under the ticker symbol MIDS.
Midsummer has 5 investors. Key investors include Invitalia, Allabolag, European Union, Governo Italiano, and Mistra.
Midsummer operates through Midsummer.