About SweTree
SweTree is a Healthcare company based in Umea (Sweden) founded in 1999. Biotechnology is applied to enhance forest tree productivity and properties. It operates in the Healthcare and Agriculture sectors. SweTree has raised $17.03 million across 4 funding rounds from investors including STORA ENSO, Sveaskog and Holmen. SweTree offers products and services including Precision Breeding, Automated Somatic Embryogenesis, and Poplar Elite Clones. Its focus areas include Food and Agriculture Tech, Forestry Tech, Breeding and Crop Tech. Its legal entity is SweTree Technologies AB.
Company details
SweTree Technologies is a biotech company providing products and technologies to improve the productivity and properties of forest trees so as increase the amount of biomassfiber produced per hectare. The company engages in developing poplar breeding program to select climate-adapted clones for Scandinavia and Baltic region. It has also developed an automated in vitro Somatic Embryogenesis (SE) technology for production of Elite Norway spruce plants, to retain benefits of breeding and to reduce the shortage of natural seeds. The company has spun out a separate company Cellutech AB which will focus on developing new materials based on cellulose. Apart from that, the company has also developed arginine based nitrogen fertilizers and a proprietary technology based on D-amino acids to selected genetically transformed plant tissue. SweTree Technologies was founded as a joint initiative between Teknikbrostiftelsen in Umeå, Sweden and the company Woodheads AB.
- Headquarters Umea, Sweden
- SectorsHealthcareAgriculture
- Website swetree.com
- Social LinkedIn
- Legal Name Swetree Technologies Ab
- Total Equity Funding$17.03M (USD)
in 4 rounds
- Latest Funding Round$10.73M (USD), Series B
Jun 2008
- InvestorsSTORA ENSO
& 4 more
Products & Services of SweTree
SweTree offers a comprehensive portfolio of products and services, including Precision Breeding, Automated Somatic Embryogenesis, and Poplar Elite Clones.
Technology for enhancing tree genetics sustainably in forestry.
Automated process for efficient plant propagation in biotechnology.
Development of superior poplar clones for biomass enhancement.
Funding Insights of SweTree
SweTree has successfully raised a total of $17.03M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.73 million completed in June 2008. 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 $17.03M
- Total Rounds 4
- Last Round Series B — $10.73M
- First Round $639,275
(Jun 2001)
- Investors Count 5
All 4 funding rounds of SweTree with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
5 investors in total: 5 institutional.
Investors in SweTree
SweTree has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include STORA ENSO, Sveaskog and Holmen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
The Kempe Foundation is focused on preventing child abuse. | 1976 | kempe.org | Aurora, United States | |
Paper and paperboard manufacturing is conducted by Holmen in Sweden. | 1609 | holmen.com | Stockholm, Sweden | |
Forestry business management and services are provided by Sveaskog. | 1999 | sveaskog.se | Stockholm, Sweden | |
Producer of wood products & seedlings | 2004 | bergvikskog.se | Falun, Sweden | |
Developer of advanced building materials | 1972 | storaenso.com | Stockholm, Sweden |
Investor details for SweTree
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.
Timeline of SweTree
3 dated milestones of SweTree across 9 years, from founding to its latest funding, stage changes and deals.
- Founded SweTree is founded.
- Funding First funding round of $639K.
- Funding Latest funding round, Series B, of $10.7M.
Web traffic of SweTree
The website of SweTree (swetree.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 107.3% vs previous month
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Frequently Asked Questions about SweTree
SweTree was founded in 1999 and raised its 1st funding round 2 years after it was founded.
SweTree is headquartered in Umea, Sweden.
SweTree is a funded company, having raised a total of $17.03M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $639.28K, raised on Jun 2001.
SweTree Technologies is a biotech company providing products and technologies to improve the productivity and properties of forest trees so as increase the amount of biomassfiber produced per hectare. The company engages in developing poplar breeding program to select climate-adapted clones for Scandinavia and Baltic region. It has also developed an automated in vitro Somatic Embryogenesis (SE) technology for production of Elite Norway spruce plants, to retain benefits of breeding and to reduce the shortage of natural seeds. The company has spun out a separate company Cellutech AB which will focus on developing new materials based on cellulose. Apart from that, the company has also developed arginine based nitrogen fertilizers and a proprietary technology based on D-amino acids to selected genetically transformed plant tissue. SweTree Technologies was founded as a joint initiative between Teknikbrostiftelsen in Umeå, Sweden and the company Woodheads AB.
SweTree offers Precision Breeding, Automated Somatic Embryogenesis, and Poplar Elite Clones.
SweTree has 5 investors. Key investors include STORA ENSO, Sveaskog, Holmen, Bergvik Skog, and The Kempe Foundation.
SweTree operates through Swetree Technologies Ab.