About SaltX Technology
SaltX Technology is a publicly listed company based in Stockholm (Sweden) founded in 2001. Saltwater-based energy storage for heating and cooling is developed. SaltX Technology has raised $16.6 million across 5 funding rounds from investors including European Union, EIC Fund and Northzone. SaltX Technology has completed 1 acquisition, including SunCool. SaltX Technology offers products and services including Electric Arc Calciner and ZEQL. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Saltwater. Its legal entity is SaltX Technology Holding AB.
Company details
SaltX Technology was founded in 2001 in Stockholm, Sweden, within the energy storage sector. Saltwater is utilized to store energy in salt crystals, which is then converted for heating and cooling purposes. Operations focus on reducing energy use in applications such as water heaters, vehicle air conditioning, and solar thermal systems. Products include HeatBoost for boilers, Verdacc for trucks and buses, and CoolStore for co-generation engines.
- Headquarters Stockholm, Sweden
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Website saltxtechnology.com
- Social LinkedIn X Facebook YouTube
- Legal Name Saltx Technology Holding Ab Class B
- Annual Revenue$4.78 M (USD)10.26as on Dec 31, 2025
- Net Profit-$6.86 M (USD)-11.85as on Dec 31, 2025
- EBITDA-$4.52 M (USD)31.87as on Dec 31, 2025
- Total Equity Funding$16.6M (USD)
in 5 rounds
- Latest Funding Round$2.23M (USD), Grant
Jun 2020
- InvestorsEuropean Union
& 3 more
- Investments & Acquisitions
Products & Services of SaltX Technology
SaltX Technology offers a comprehensive portfolio of products and services, including Electric Arc Calciner and ZEQL.
Replaces fossil fuels with electric plasma for industrial heating processes.
Enables zero-emission quicklime manufacturing through innovative electrification methods.
Apps and channels of SaltX Technology
its YouTube channel SaltX Technology has 1.06K subscribers and 30 videos.
Videos from SaltX Technology
The most watched videos on SaltX Technology's YouTube channel, SaltX Technology (1.06K subscribers). Click a video to play it here.
More on SaltX Technology.
Funding Insights of SaltX Technology
SaltX Technology has successfully raised a total of $16.6M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $2.23 million completed in June 2020. 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 $16.6M
- Total Rounds 5
- Last Round Grant — $2.23M
- First Round $16.6M
(May 2008)
- Investors Count 4
All 5 funding rounds of SaltX Technology 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 |
|---|---|---|---|---|---|
| Jun 2020 | $2.23M | Grant | – | – | |
| Jul 2018 | $2.31M | Grant | – | – | |
| Mar 2015 | $54,250 | Grant | – | – | |
| Nov 2010 | $100,000 | Grant | – | – | – |
| May 2008 | $16.6M | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in SaltX Technology
SaltX Technology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Northzone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Early-stage startups are funded by Northzone venture capital. | northzone.com | London, United Kingdom | ||
| skirner.se | ||||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for SaltX Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SaltX Technology
12 people are tracked at SaltX Technology (6 in leadership, 6 in board & advisors).
| Name | Role | Group |
|---|---|---|
Eric Jacobson | Chief Commercial Officer | Leadership |
Carl-Johan Linér | CEO | Leadership |
Harald Bauer | CFO | Leadership |
Stefan Krafft | Head Of Marketing | Leadership |
Devesh Gadkari | Head Of Procurement | Leadership |
Lars Croon | Head of EnerStore | Leadership |
Tony Grimaldi | Board Member | Board & advisors |
Erica Larson | Board Member | Board & advisors |
Hans Holmström | Board Member | Board & advisors |
Åke Sund | Chairman | Board & advisors |
Elin Lydahl | Board Member | Board & advisors |
Staffan Andersson | Board Member | Board & advisors |
Complete people profiles for SaltX Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of SaltX Technology
SaltX Technology is a publicly listed company on the OMXSTO with ticker symbol SALT_B in Sweden, operating in the Electronic technology 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 date22 Apr 2015
- Listed onOMXSTO: SALT_B
- Listed entitySaltX Technology Holding AB Class B
- Exchange sectorElectronic technology
- ISINSE0005308541
- Share price4.37 SEK · 2026-10-14
- Market capitalisation1,008,158,227.00 SEK
- EPS (diluted, trailing year)-0.38 SEK
- Volume (last session)8,921
Financials of SaltX Technology
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 44.0M SEK | -63.2M SEK | -41.6M SEK |
| 2024 | 39.9M SEK | -56.5M SEK | -61.0M SEK |
| 2023 | 26.0M SEK | -48.9M SEK | -34.4M SEK |
| 2022 | 256,000 SEK | -59.1M SEK | -45.3M SEK |
| 2021 | 164,000 SEK | -38.3M SEK | -32.6M SEK |
Detailed financial statements for SaltX Technology
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
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Investments & Acquisitions by SaltX Technology
SaltX Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SunCool.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar thermal collectors for heating and cooling are developed. | suncooltechnology.com | Stockholm, Sweden | 2001 | Sep 2017 | $3.01M |
Complete acquisition details for SaltX Technology
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of SaltX Technology
5 dated milestones of SaltX Technology across 19 years, from founding to its latest funding, stage changes and deals.
- Founded SaltX Technology is founded.
- Funding First funding round of $16.6M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires SunCool.
- Funding Latest funding round, Grant, of $2.2M.
Web traffic of SaltX Technology
Websites that share an audience with SaltX Technology (saltxtechnology.com).
Websites whose visitors overlap most with SaltX Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
borsvarlden.com | borsvarlden.com | 100% | #1,142,947 | – |
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Related news about Saltx Technology
Complete news archive for SaltX Technology
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Frequently Asked Questions about SaltX Technology
SaltX Technology was founded in 2001 and raised its 1st funding round 7 years after it was founded.
SaltX Technology is headquartered in Stockholm, Sweden.
SaltX Technology is a funded company, having raised a total of $16.6M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $16.6M, raised on May 2008.
Annual revenue of SaltX Technology is $4.78M as on Dec 31, 2025.
SaltX Technology was founded in 2001 in Stockholm, Sweden, within the energy storage sector. Saltwater is utilized to store energy in salt crystals, which is then converted for heating and cooling purposes. Operations focus on reducing energy use in applications such as water heaters, vehicle air conditioning, and solar thermal systems. Products include HeatBoost for boilers, Verdacc for trucks and buses, and CoolStore for co-generation engines.
SaltX Technology offers Electric Arc Calciner and ZEQL.
Yes, SaltX Technology is publicly traded on OMXSTO under the ticker symbol SALT_B.
SaltX Technology has made 1 acquisition, including SunCool.
SaltX Technology has 4 investors. Key investors include European Union, EIC Fund, Northzone, and Skirner.
SaltX Technology operates through Saltx Technology Holding Ab.